EBay Posts First-Quarter Loss Tied to Tax on Foreign Profit – New York Times
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EBay Posts First-Quarter Loss Tied to Tax on Foreign Profit
New York Times EBay reported a first-quarter loss on Tuesday as a result of a large tax charge on foreign earnings, but its revenue rose in part because of its thriving PayPal payments business. PayPal, which eBay bought for $1.3 billion in late 2002, is now growing … |
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