EBay Inc ( EBAY ) . is overhauling fees for sellers for the first time since 2010, seeking to reduce costs and make pricing less complicated as it competes with bigger rival Amazon.com Inc. (AMZN) for online merchants. More: continued here
By Alistair Barr SAN FRANCISCO (Reuters) – EBay Inc said on Tuesday it will overhaul fees for sellers on its online marketplace, stepping up competition with Amazon.com Inc. EBay is scrapping its complex, tiered set of “final value fees,” calculated as a percentage of an item’s sale price, and introducing flat-rate fees based on product…
EBay is scrapping its complex, tiered set of “final value fees,” calculated as a percentage of an item’s sale price, and introducing flat-rate fees based on product categories. More: continued here
A High Court 'Gray Market' Win for Costco, eBayBusinessweekIn a victory for companies like Costco (COST) and eBay (EBAY)–not to mention cash-strapped college students–the Supreme Court ruled that textbooks and other goods made abroad can be re-sold in the U.S. without violating American copyright law. In other … More: continued here
Business mail functions at Sausalito Post Office could end up in Mill ValleyMarin Independent JournalThe U.S. Postal Service plans a study of business mail that arrives and is accepted at the Sausalito Post Office with an eye toward possible consolidation into the Mill Valley Post Office at 751 E. Blithedale Ave. as a cost-cutting measure….
PIMCO's Gross to auction off some of his historic US stampsReuters"This is the first time Mr. Gross has ever offered stamps from his famous U.S. collection which is the finest, most valuable collection of U.S. stamps and postal history owned by a private individual," said professional philatelist Charles Shreve, who … More: continued here
EBay favored as 'top pick' among Web firmsMarketWatchJosey assigned a market perform, or neutral, rating to eBay's top rival — Amazon.com Inc. (NASDAQ:AMZN) . While Josey called Amazon the leader in e-commerce, with about 25% of the $260 billion domestic e-commerce market, he cited some concerns … More: continued here
The company raises its target fuel efficiency for its global fleet from 20 to 30 percent by 2020. More: continued here
StreetInsider.com (subscription) Cantor Fitzgerald Upgrades eBay (EBAY) to Buy; Attractive Risk/Reward after …StreetInsider.com (subscription)"We believe that eBay's fundamentals are strong, with Marketplaces' GMV growing at least in-line with ecommerce; PayPal TPV growing mid-to-high teens; and margins showing modest improvement over the next 2-3 years, even as management continues to …and more » More: continued here
Map It: Food Insecurity And Food Stamps In IdahoBoise State Public RadioIn January, 231,647 people in Idaho were on food stamps. The Supplemental Nutrition Assistance Program, or SNAP, helps low-income families. But in Idaho, 17 percent of people are food insecure. The hunger relief charity Feeding America says they don't … More: continued here