Monday, May 6, 2013

AMZN,EBAY: The Senate looks poised to approve a bill...

5:20 AM The Senate looks poised to approve a bill today that would force online merchants to collect sales tax on Internet transactions. However, the measure will probably hit greater opposition in the House, where the leadership appears to be ambivalent, with Speaker John Boehner taking no public position. Companies in favor include Wal-Mart (WMT) and Amazon (AMZN), while those against include News Corp (NWS) and eBay (EBAY). Read comments

AMZN price at time of publication: $258.05. Check AMZN price now »

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