After a surprisingly strong quarter shorn of PayPal, further growth for eBay Inc will rest on its ability to make its website more visible to those searching for items to buy. EBay’s shares rose as much as 13.5 percent on Thursday, a day after the company reported a better-than-expected profit for its first quarter since it spun off PayPal Holdings Inc , the payments processing business that had been its
Exchanging traditional currency for the digital currency bitcoin online should be exempt from consumption taxes just like other transactions of banknotes and coins, the European Court of Justice said on Thursday. Europe’s highest court ruled in response to a request by Swedish tax authorities, who had argued bitcoin transactions should not be covered by a European Union directive exempting currency transactions from value added tax (VAT). “Those transactions are exempt
Toyota Motor Corp, Microsoft Corp and Chrysler are among the brands that will advertise this weekend during Yahoo Inc’s first live-streamed National Football League game, the internet company said Thursday. Yahoo will stream Sunday’s game between the Buffalo Bills and Jacksonville Jaguars, the first time viewers around the world can watch an NFL game online for free.
(Reuters) – AT&T Inc said on Wednesday that consensus revenue estimates for its third-quarter were “inflated” as they differed from its own accounting, which includes results from DirecTV, acquired by the No. 2 U.S. wireless carrier in July. Shares of AT&T, which is scheduled to report results on Thursday, fell as much as 1.3 percent after the Wall Street Journal first reported that the company’s revenue for the quarter could
Olympic skier Gus Kenworthy has come out as gay. The 24-year-old athlete, who won a silver medal in Men’s freestyle skiing at the 2014 Winter Olympics in Sochi, penned a…
NEW YORK (AP) — Rushing to meet a deadline proved to be the downfall of Dan Rather and his CBS News team when their story questioning former President George W. Bush’s military record collapsed in 2004, a media scandal that is the basis of the current film “Truth.”
WASHINGTON (AP) — Saxophonists Pharoah Sanders and Archie Shepp and vibraphonist Gary Burton are the newest recipients of the nation’s highest jazz honor.
Glasgow are boosted by the return of six Scotland internationals as they seek a first away win against Leinster since 2011.
U.S. stocks traded sharply higher on Thursday, as Wall Street digested the European Central Bank’s rates decision.
