EBay said Wednesday that activist investor Carl Icahn had taken a stake in the online retailer and was seeking a spinoff of its PayPal financial payments unit. In the company's quarterly earnings report, eBay said Icahn and his affiliated companies this month "acquired shares and derivative securities that give him …

BRIEF-Interview-eBay CEO says consulting with Goldman following Icahn …Reuters… Interview-eBay Inc CEO says consulting with Goldman Sachs Group Inc. following carl icahn's proposal * Ebay CEO says paypal spin-off was the only proposal put forth by carl icahn * Ebay CEO says does not know of either of icahn's board …

EBay reports 13% higher profit as activist investor Carl Icahn calls for creating a separate company around PayPal, one of the company’s most valuable assets. More: continued here

Icahn steps up pressure on Apple, eBaySan Jose Mercury NewsCUPERTINO — Activist investor Carl Icahn and his associates have increased their stake in Apple (AAPL) to more than $3 billion and are adding pressure for an unprecedented stock buyback — at the same time Icahn wants eBay (EBAY) to spin …

Carl Icahn has taken a stake in eBay Inc and is proposing a spin-off of the its fast-growing PayPal division, but the e-commerce giant rebuffed the overture, setting the stage for a potential battle with the activist investor. EBay, which bought PayPal for $1.5 billion in 2002 and has considered …

People getting food stamps may soon have to get drug testsWXIA-TVAnyone who fails the drug test would be ineligible for food stamps until a subsequent test is passed. If an applicant fails a second time, that person would be ineligible for food stamps for three months. Any person failing three …

EBay shares jump 10%; Icahn to propose PayPal spinoff More: continued here

Developing: EBay logged a slightly better-than-expected 13% jump in fourth-quarter earnings on Wednesday and also revealed a push by billionaire Carl Icahn to split up the tech giant. More: continued here

FedEx Express, a subsidiary of FedEx Corp., and Nissan announced that the two companies will begin testing the Nissan e-NV200, a 100% electric compact cargo vehicle, under real world conditions in Washington, D.C. More: continued here

ValueWalk Netflix, eBay surge in after hours on robust earningsMarketWatchSAN FRANCISCO (MarketWatch) — Netflix Inc. and eBay surged in after-hours trading Wednesday after reporting quarterly results that beat Wall Street's expectations. Netflix (NASDAQ:NFLX) late Wednesday said fourth-quarter profit jumped to 79 cents a …Earnings Previews for eBay, Netflix and SanDisk24/7 Wall …