Finance

May 27, 2008
Borders Group Inc. said its losses narrowed in the first quarter although...
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May 27, 2008
Chico's FAS Inc. said Wednesday its first-quarter profit dropped 73% as...
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May 27, 2008
Strong sales and a lower tax rate led discount retailer Dollar Tree Inc....
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May 27, 2008
Jewelry chain Finlay Enterprises announced Wednesday that its losses...
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May 27, 2008
Jo-Ann Stores reported Wednesday that net income for the first quarter of...
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May 27, 2008
Polo Ralph Lauren Corp. reported a higher quarterly profit on Wednesday,...
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May 27, 2008
Sears Holdings Corp. chairman Edward Lampert has brought his stake in...
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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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