The S&P continues to soar, but a Nobel warns of a bubble and 'the smartest guys in the room' get plenty wrong: This week's market winners and losers.» Read More
WASHINGTON, Dec 2- The U.S. Supreme Court declined on Monday to tackle the long-standing question of whether Internet retailers like Amazon.com Inc should be required to collect sales taxes in states where they have no physical presence.
WASHINGTON, Nov 4- The U.S. Supreme Court on Monday let stand Facebook Inc's $9.5 million class action settlement over allegations the social networking company's defunct "Beacon" service violated its members' privacy rights. One member of the three-judge panel dissented, saying the settlement unfairly benefited Facebook and plaintiff attorneys.
New York and Illinois court rulings on 'Amazon taxes' may head to the U.S. Supreme Court to settle questions about the taxing online retail sales.
WASHINGTON, Oct 21- Diverging high court rulings in New York and Illinois over' Amazon taxes' point to a possible U.S. Supreme Court case to settle questions about the legality of states taxing online retail sales, lawyers said on Monday.
WASHINGTON, Oct 17- Wisconsin next month will become the 14th U.S. state to begin collecting sales tax on online purchases through Amazon.com Inc, joining a trend toward squeezing more revenue from e-commerce.
EBay beat expectations by a penny on earnings but its outlook fell short. Shares fell more than 4 percent.
July 27- Overstock.com Chief Executive Patrick Byrne appeared in an unusual full-page ad in The Wall Street Journal on Saturday "congratulating" Steven A. Cohen on the indictment of his SAC Capital Advisors hedge fund by federal prosecutors on insider trading charges.
The Street.com reports on stocks you might consider as presents under your virtual Christmas tree.
More and more states are moving to impose new sales taxes for online purchases to make up for budget deficits. As online prices move in line with brick and mortar retailers, will online stocks take a hit?
Residents are supposed to declare and pay sales tax on goods they buy from out-of-state retailers, but few do, which deprives states of tax revenue and gives Internet retailers an advantage over physical stores. Caught in the crossfire of the nationwide fight are a large but rarely examined part of the Internet economy, affiliate marketers.
CNBC's Herb Greenberg has the details on how the market for spinal fusion devices is doing.
With the average price of regular gasoline now hovering near $3.80 a gallon nationally, prices at the pump are nearly a dollar higher than a year ago. For the average American who drives about about 15,000 miles a year and uses roughly 750 gallons of gas annually, that dollar increase per gallon has eaten about a $750 hole into the household budget per car.
The fight over collecting online sales tax is an ongoing issue that is especially heated this holiday season as online retail sales hit new records—and taxes goes uncollected.
Stocks ended modestly higher Wednesday as the dollar rose and Treasurys hit six-month highs on fears the economy would heat up under the tax plan under consideration in Washington. BofA rose, McDonald's fell.
Stocks were struggling for direction Wednesday as the dollar rose and Treasurys hit six-month highs on fears the economy would heat up under the tax plan under consideration in Washington. BofA rose, while McDonald's fell.
Stocks ended 2 percent higher for the first trading day of the month, wiping out November's losses, after several economic reports gave investors confidence the U.S. economy is improving. Home Depot and Microsoft rose.
Stocks continued to soar more than 2 percent on the first day of December after news the Federal Reserve's regional survey showed growth is rising throughout most of the U.S. The market was strong from the start after an upbeat report on private sector jobs and news that manufacturing activity in China reached a seven-month high. Home Depot and Microsoft rose.
Stocks climbed at the open after good news on private sector jobs added to better-than-expected manufacturing data from China, and a calmer tone in Europe, to lift investor sentiment. Home Depot and United Technologies rose.
Stocks declined, but ended significantly off session lows, as financials gained and the dollar slipped, although investors remained concerned about the effectiveness of Europe's attempt to contain sovereign debt troubles. HP and Home Depot fell, while AmEx and BofA rose.