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Best Buy reports 1Q loss on restructuring costs

(AP)—Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.

May 21, 2013
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Fresh anger over Amazon's UK tax bill

Internet giant Amazon on Wednesday came under fresh fire over its British tax status after official figures revealed it only paid £2.4 million ($3.6 million, 2.8 million euros)on UK sales of £4.2 billion ...

May 15, 2013
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Method developed for adding omega-3 fatty acids to foods

The omega-3 fatty acids contained in fatty salt-water fish are an important component of a healthy diet in humans. Despite being aware of this fact, Germans still do not eat enough fish. Now Fraunhofer researchers have developed ...

May 15, 2013
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Analysts in demand as big data becomes big business

Kossi Gavi drives to class on Sunday afternoons to learn retail software, and the reason is simple. People who wield computers to analyze large amounts of digital information are in high demand, and Gavi is learning a program ...

May 02, 2013
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White House backs Internet sales tax bill

The White House Monday backed a Senate bill to force online retailers like Amazon and eBay to collect state and local sales taxes, hoping to end a cost disadvantage hampering bricks and mortar businesses.

Apr 22, 2013
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Your Web product, in a locker near you

Online retailers Walmart.com and Amazon.com are looking to extend their reach by putting delivery lockers in drugstores and convenience stores, and in chain stores like Staples, to meet customers' demands for faster access ...

Apr 05, 2013
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