-
Report: Amazon petitions to repeal California sales-tax measure
Seattle -- A Monday report by the Wall Street Journal said that Amazon.com on Friday filed a petition to add a measure on the California ballot asking voters to repeal the recently passed California law that requires online retailers to collect sales tax.
Amazon needs to submit 504,760 signatures by late September in order to get the measure on the Feb. 7, 2012 ballot for the next statewide election.
-
Report: Landlords object to Borders sale plan
New York City -- A report by Reuters on Tuesday said that a group of landlords have filed objections in U.S. Bankruptcy Court in Manhattan, disputing the process by which Borders Group is attempting to auction itself out of bankruptcy.
According to the nearly 20 landlords that filed objections on Friday and Monday, the plan offers no information regarding which leases would be assumed by potential buyers of Borders’ assets.