Finance

May 18, 2008
About 24.5% of American consumers postponed a major purchase this April,...
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May 18, 2008
Furniture retailer Room & Board has leased 40,000 sq. ft. of retail...
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May 18, 2008
Staples Inc. on Monday launched a hostile 1.5 billion euro ($2.34 billion...
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May 18, 2008
With over a third of the federal tax rebate money already distributed,...
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May 15, 2008
Abercrombie & Fitch said Friday that its first-quarter earnings rose 3...
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May 15, 2008
Macy's Inc. has reached an agreement with FAO Schwarz to open branded...
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May 15, 2008
Nordstrom Inc. said Thursday its profit fell 24% in the first quarter....
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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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