Lawmaker accuses Google of dodging taxes (Update 2)

An influential committee of British lawmakers accused search company Google of dodging its taxes on Thursday in a scathing report that said the U.S. Internet company took on highly contrived arrangements serving no purpose ...

Federal lawmakers push for online sales tax

When Katherine McHenry answers the phone at a Building Blocks Toy Store in Chicago, she may get a caller who wants to negotiate a lower price on an item she is selling because it can be purchased for less money online.

Black Friday now lasts the whole season, expert says

(Phys.org)—Black Friday has been the traditional kickoff of the holiday shopping season, but consumers can expect Black Friday sales starting now and extending through the end of the year, says Richard Feinberg, Purdue ...

Japan's NEC revises up profit forecast

Japanese information technology firm NEC said Friday it has revised its half year forecast from a loss to a healthy net profit, with reports saying demand for iPhones was helping the company.

Online scams cost $485 mn in US in 2011: survey

Online scams including identity theft schemes, "advance fee" and "romance fraud" cost Americans some $485 million in 2011, a report prepared for the FBI said Thursday.

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