Finance

Jun 02, 2008
Borders Group announced Tuesday that it is cutting 156 corporate positions...
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Jun 02, 2008
Guess? Inc. reported net earnings of $47.8 million for the first quarter...
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Jun 02, 2008
U.S. retailers are expected to post lackluster May sales this week, as...
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Jun 02, 2008
Staples increased its chances of winning control of Corporate Express NV...
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Jun 01, 2008
All remaining stores of bankrupt retailer Sharper Image Corp. will be...
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Jun 01, 2008
Wet Seal Inc. said its first-quarter profit jumped 18% as sales at newer...
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May 31, 2008
Mobile-commerce enabler Firethorn Holdings, a subsidiary of Qualcomm, said...
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Financially Speaking

The Impact of Online Sales Tax

By Jonathan Barsade, founder and CEO, Exactor
For more than a decade, federal and state lawmakers have attempted to craft legislation to regulate the collection of sales tax on Internet purchases. The Marketplace Fairness Act of 2013 passed the Senate in May with bipartisan support.
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Deals/M&A

Global Payments acquires PayPros
Global Payments Inc. will acquire Payment Processing, Inc. (PayPros). PayPros, based in California, is a provider of fully-integrated payment solutions for 58,000 small-to-medium sized retailers in the U.S.
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Newsmakers

eBay reports strong Q4 quarter; Carl Icahn looks to spin off PayPal
eBay posted a profit of $850 million, compared with earnings of $751 million a year ago, for its fourth quarter, ended Dec. 31, 2013, while revenues rose 13% to $4.5 billion, fueled by strong mobile results.
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