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Retailers shut down affiliates By Rachel Metz THE 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 like 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 gearing up to collect taxes, Amazon and other Web retailers are simply shutting down their affiliate marketing... [read full story]
SAN FRANCISCO (AP) - Deutsche Bank AG and a BNP Paribas unit sued Bank of America NA on Wednesday over allegations the bank failed to pay back $1.73 billion in secured notes. Deutsche Bank said Bank of America failed to secure...
SAN FRANCISCO (AP) - Global Defense Technology & Systems Inc. said Wednesday that it closed its initial public offering of 4.6 million common shares, which were priced at $13 apiece and yielded $36.3 million in net proceeds....
Congatec says it is now sampling a COM Express module featuring Intel's GS45 SFF (small form factor) chipset, said to enable "significant performance increases despite a smaller footprint and lower power consumption." The...
Muslim pilgrims circled Islam's holiest site Wednesday in their traditional white robes, with a few additions - umbrellas and face masks - as the opening of the annual hajj was complicated by torrential rains and fears of swine...
