EBay Inc. (EBAY) is facing a probe by the Consumer Financial Protection Bureau over a loan program that mimics a structure used by high-interest lenders to evade state rules before the practice was stamped out by regulators. More: continued here
Read More »FedEx Cup points draw players to Malaysia
The CIMB Classic’s new status as a full-FedEx Cup points event has delivered a predictable improvement in the quality of the Malaysian event’s field. More: continued here
Read More »eBay acquires Shutl, plans to expand same-day delivery to 25 cities – GigaOM
eBay acquires Shutl, plans to expand same-day delivery to 25 citiesGigaOME-commerce giant eBay plans to increase its footprint in local commerce by expanding its on-demand delivery service eBay Now to 25 cities by the end of 2014 and acquiring startup Shutl. ebay now. In an effort to expand its same-day …
Read More »EBay Wants to Be More Than Just an Auction Site – TheStreet.com
EBay Wants to Be More Than Just an Auction SiteTheStreet.comNEW YORK (TheStreet) — Online retailer eBay (EBAY) wants you to change your perception of what it does. You need to know it's no longer an auction site. It wants you to believe that it's now a full-blown commerce site. An …
Read More »Lorain woman enters plea in illegal use of food stamps case – The Morning Journal
Lorain woman enters plea in illegal use of food stamps caseThe Morning JournalOthers involved in the case include Adames Deli & Grocery, which was indicted for theft and 10 counts of illegal use of food stamps; Monica Perez, 31, of Lorain. Elyria residents Malivanh Phouthavong, 23, and Marlon Charley, 38, …
Read More »Protest in Grand Bank
Federal Offices including the Post Office in Grand Bank were closed for two hours this morning as Grand Bank residents protested the permanent closure of the DFO office in that community. VOCM's Bob Power reports. More: continued here
Read More »Food stamps sold for $$ on Craigslist
Food stamp recipients are turning the government benefits into quick cash with ads on Craigslist, despite efforts to stem fraud, as well as auction sites like eBay — sellers offer the EBT cards at large discounts from face value. Drifting apart? US rift with allies grows Fed judge allows case …
Read More »EBay Eyed Braintree’s Brain Trust In Acquisition EBAY MA V INTU – Investor’s Business Daily
EBay Eyed Braintree's Brain Trust In Acquisition EBAY MA V INTUInvestor’s Business DailyEBay (EBAY) clearly wanted to bolster PayPal's mobile payment processing ability by acquiring the Venmo mobile app as part of its $800 million purchase of Braintree. But some say the deal also partly serves as an acqui-hire, as …
Read More »eBay buys Shutl to bring same-hour delivery to eBay Now – VentureBeat
eBay buys Shutl to bring same-hour delivery to eBay NowVentureBeateBay is trying its hardest to make sure that it, not Amazon, leads the future of same-day delivery. The company announced today that it's acquired UK-based same-day delivery company Shutl for an undisclosed amount. Working alongside retailers, Shutl's … More: continued here
Read More »EBay Probed by Regulator Over Loans Pioneered by Payday Lenders – Bloomberg
EBay Probed by Regulator Over Loans Pioneered by Payday LendersBloombergEBay Inc. (EBAY) is facing a probe by the Consumer Financial Protection Bureau over a loan program that mimics a structure used by high-interest lenders to evade state rules before the practice was stamped out by regulators. The program, called Bill …
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