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Amazon UK pays $3.7 mln tax on $6.5 bln sales
ReutersBy Tom Bergin LONDON, May 15 (Reuters) - Amazon.com's main UK unit paid taxes of $3.7 million on its 2012 income, despite group UK sales of $6.5 billion (4 billion pounds), its accounts published on Wednesday showed. The company received 2.5 million...Tags: United Kingdom
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Amazon UK pays $3.7 million tax on $6.5 billion sales
ReutersLONDON (Reuters) - Amazon.com's main UK unit paid $3.7 million of taxes on its 2012 income, it said on Wednesday, despite group UK sales of $6.5 billion (4 billion pounds), prompting criticism from lawmakers and competitors. Amazon.co.uk Ltd added in its...Tags: Google Inc., Amazon.com Inc., Anti Trust Crime, United Kingdom, Politics
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Young retail entrepreneurs at Hall & Madden go straight to the source for apparel
As Richard Hall and McGregor Madden traveled the country fitting clients with their high-end, custom-made suits, they noticed something strange — professional men yearning to look stylish nevertheless sported dress shirts with stains. Their young,...
Tags: Startups, Fishing, Lifestyle and Leisure, Sears, Macy's
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Groupon offers Breadcrumb to all retailers
Groupon Inc. said Tuesday it has started offering its point-of-sale system to all bricks-and-mortar businesses, building on an important part of its strategy to tackle every aspect of local commerce. The Chicago-based company has been getting deeper...
Tags: Startups, Credit and Debt, Apple iPad, Computing and Information Technology Industry, Groupon, Inc.
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Analysis: Amazon gets help to lure big business to the cloud
ReutersSAN FRANCISCO (Reuters) - As Amazon.com Inc seeks to transform itself into a leading provider of technology to the world's largest corporations, it's discovering that it needs help. The online retailer, which since 2006 has moved aggressively into the...Tags: Google Inc., Amazon.com Inc., Lilly Eli & Co, Startups, Marketing
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Groupon launches payment system for businesses
Tribune staff reporterGroupon Inc. said Tuesday that it has started offering its point-of-sale system to all brick-and-mortar businesses, building on an important part of its strategy to tackle every aspect of local commerce. The Chicago-based company has been getting...Tags: Startups, Credit and Debt, Apple iPad, Groupon, Inc., Restaurant and Catering Industry
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Square expands its hardware push with new cash register
ReutersBy Gerry Shih SAN FRANCISCO, May 14 (Reuters) - Square Inc, a closely watched payment-processing company, made a significant push into the hardware business on Tuesday, unveiling a new credit-card reader that it claimed could be the centerpiece of the...Tags: eBay Inc., Apple iPad, PayPal, Inc., Computing and Information Technology Industry, Marketing
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Internet sales tax, a vote for fairness
If ever a piece of legislation was simply — and properly — named, it is this one: The Marketplace Fairness Act. In a minimum number of words, it tells you exactly what you are getting. Fairness. That's what the U.S. Senate passed this week...
Tags: Marco Rubio, U.S. Senate, Florida Legislature, Politics, Business
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Taxing Internet sales
In 1998, when President Bill Clinton signed the bipartisan Internet Tax Freedom Act, which prohibited state and local taxation of Internet access and Internet-only services, the purpose was to promote the commercial potential of the Internet, especially...Tags: Bill Clinton, Small Businesses, Harry Reid, Politics, Mike Enzi
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INTERVIEW-Adrian Cheng: updating a Hong Kong family empire for a changing China
ReutersBy Farah Master HONG KONG, May 14 (Reuters) - He has trained on Broadway and been a Wall Street banker. Now, Adrian Cheng, 33-year-old scion of the world's largest jewellery retailer and one of Asia's leading property developers is gearing up for his...Tags: Cheng Yu-tung, Asia, Realty, Banking, Politics
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Online sales tax
In an effort to level the playing field between brick-and-mortar stores and online retailers, the U.S. Senate fast-tracked its Market Place Fairness Act and overwhelmingly approved it Monday, setting the stage for an intense battle in the House. On a...Tags: Amazon.com Inc., U.S. Senate, Computing and Information Technology Industry, Business
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States Should Get Online Sales Taxes
For the past 20 years, thanks to a U.S. Supreme Court decision, online retailers have not needed to collect sales taxes on behalf of state governments if they lack a physical presence — a store, a warehouse, a distribution center — in the...Tags: Walmart, USA Today, U.S. Supreme Court, U.S. Congress
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Chicago Tribune
May 15, 2013
|Story| Chicago Tribune
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| Chicago Tribune
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| South Florida Sun-Sentinel
May 11, 2013
|Story| Baltimore Sun
May 13, 2013
|Story| Reuters
May 12, 2013
|Story| South Bend Tribune
May 10, 2013
|Story| Hartford Courant
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