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Australians Angry about eBay’s PayPal-Only Rule

Australian eBayers are up in arms over a new policy by the company to accept only PayPal as payment for online auctions. The fact that eBay owns PayPal is causing critics to charge a conflict of interest, and the new rule is being widely protested by professional eBay sellers in Australia. eBay [...]

Recession Fears Overblown? US Service Sector Expands in First Quarter of ‘08

If you’ve watched the network and cable news at all over the past few months, you might be forgiven for thinking that “the sky is falling” when it comes to the US economy. News anchors, journalists and pundits have been talking “recession” nearly nonstop recently, but [...]

Blockbuster Goes After Circuit City in Hostile Takeover Bid

Shares of Circuit City stocks rose dramatically this morning after it was announced that Blockbuster Inc. has offered to buy out the electronics retailer at about seven dollars per share. Curiously, Blockbuster shares have been down for the last several quarters, leaving many Wall Street analysts [...]

Yahoo Employees Fear a Humorless Workplace Under Microsoft

As a company, Yahoo has always been just a little bit different. Yahoo’s Silicon Valley “campus” is arguably the most collegiate corporate headquarters of any major company in the United States, with a distinct and often irreverent culture that is the antithesis of many modern [...]

US Housing Market: Bad for Owners–Good for Buyers

What in the world is going on with the real estate market in the United States? It appears that the American housing market slump hasn’t quite reached its bottom yet, and may continue to slide through spring 2008. A recent article from Bloomberg.com reports that home foreclosures doubled in [...]