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Beware False Housing Hopes
Sure, construction starts rose in May. But the key indicator of permits fell for the fourth consecutive month and homebuilders are gloomy



Apple's iTunes Movie Muddle
The outfit wants to sell films through its online store, but an agreement with the movie studios is unlikely any time soon



One GPS Giant Too Many?
With Philips joining Sony in the market, navigation devices may someday become as common as radios—and, investors fear, as profitable



The Merc Bets on Asia Again
As others eye Europe, Chicago's exchange is boosting its Far East presence with new products based on China's currency



Housing's Steady Foundation
The U.S. market is moderating, but with interest rates still relatively low and a solid economy, the ground won't get too shaky as activity slows



For Brazil's Poor, a Digital Deliverance?
The Committee for Democracy in Information Technology helps the unempowered use computers to reboot themselves and their communities




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