Sony Unveils New Portable Gaming System

Sony (SNE) unveiled its new PlayStation Portable device, the Next Generation Portable Entertainment System, or NGP.

The hand-held device has greater motion sensitivity and allows gamers to connect with other users online, Sony said in a statement. Th…

Low Retail Property Prices May Mean Trouble for Big Chains

Although retail sales — share prices — have rallied back to 2007 highs, retail real estate prices remain depressed. Investors beware: A deeper look at the reasons behind that split suggest harder times ahead for major, public…

Hertz Announces Online Marketplace for Used Cars

Car rental company Hertz (HTZ) announced the launch of an online marketplace to help used-car dealers purchase vehicles from its fleet.

The Dealer Direct program will provide dealers with real-time information on available vehicles, Hertz said in a s…