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EBay posts higher 3Q earnings, revenue

EBay reported Tuesday that its third-quarter net income rose 22 percent thanks to higher revenue at its PayPal payments service and at the marketplaces business that includes

dateOct 17, 2012 in Business
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Sources: PayPal planning layoffs (Update)

(AP)—EBay's PayPal unit is planning layoffs in the coming weeks as it tries to refocus and operate more like an agile startup than a large company, according to people familiar with the matter.

dateOct 15, 2012 in Business
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Discover finds partners in evolving mobile payments

In a memorable episode of "Seinfeld," George suffers from back problems because of a ridiculously overstuffed wallet. His wallet later explodes. The episode mocked one of the inconveniences of the modern world, the explosion ...

dateSep 22, 2012 in Business
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