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(Reuters) – New York law enforcement officials have written to eBay Inc and PayPal Inc this week, saying the companies’ revised user policies “raise issues” under consumer protection laws. Ebay’s updated user agreement is scheduled to take effect on Monday and PayPal’s will become effective on July 1. “Consumer choice and privacy preferences are protected by state and federal laws — including laws that specifically aim to stop companies from
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
Saudi Arabia is ready to increase its oil output in the coming months to a new record to meet a rise in global demand, despite increased domestic use, a senior state oil company official said on Thursday.
The US will experience secular stagnation due to demographics and the nature of the recovery, economist Russell Price says.
Lululemon founder Dennis “Chip” Wilson is selling his family’s remaining stake in the yoga gear maker a year after pushing for board changes. Wilson is selling about 20.1 million shares at $60.95 …
As if it didn’t have enough information on you already, Facebook now wants to know about any business or store you set foot in. Facebook is sending out free Bluetooth beacon devices to any U.S. business that requests one. While reassuring users that the system doesn’t allow businesses to collect any information from people or their phone or change the kind of location information it receives, Facebook can still track
U.S. retail sales surged in May as households boosted purchases of automobiles and a range of other goods even as they paid a bit more for gasoline, the latest sign economic growth is finally gathering steam.
The number of Americans seeking unemployment benefits rose slightly last week, yet remained at a historically low level that points to a healthy job market. The Labor Department said Thursday that weekly …
German Chancellor Angela Merkel told Greece’s Alexis Tsipras it’s time to back up his good intentions with the policy action required to release aid.
Whole Foods says it will name its new chain of smaller stores with lower prices after its “365 Everyday Value” house brand. Co-CEO Walter Robb tells The Associated Press that the chain will be …
