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Online affiliates may be eliminated By RACHEL METZ Associated Press NEW YORK — In a big break for online shoppers, Web retailers generally don't have to charge sales taxes in states where they lack a store or some other physical presence. Increasingly, states aching under the weight of the recession are seeking a way around that rule. Because companies such as Amazon.com Inc. get help drumming up sales from online affiliates — people who link to products on their blogs, promote Web shopping deals and offer coupons — several states say the Internet retailers should charge sales taxes in states where those affiliates are based. The financial benefits may not be quite what the states anticipate, though. Rather than... [read full story]
By Richard Craver | Journal Reporter Published: November 24, 2009 Reynolds American Inc. is changing the name of its smokeless-tobacco division in an attempt to make a better branding connection with adult consumers. The...
NEW YORK - American International Group has approved a pay package for its new CEO Robert Benmosche of $7 million in cash and stock. Benmosche, who took over as CEO of the embattled insurer three months ago, will receive an...
The social network has converted all existing shareholders' stock to the more powerful Class B; it'll go back to Class A if they sell it during an IPO. But the company says it still doesn't have IPO plans set.
AP – FILE - In this Nov. 2, 2005, file photo, the Silverdome is seen in Pontiac, Mich. A judge has cleared … By DAVID N. GOODMAN, Associated Press Writer David N. Goodman, Associated Press Writer – 16 mins ago PONTIAC, Mich. –...
