Texas Sends Amazon a $269 Million Sales Tax Bill

As states grapple with increasingly squeezed budgets, the battle to collect sales taxes from retailing behemoth Amazon has heated up considerably over the past year. Now, Texas has raised the ante by hitting Amazon for four ye…

Amazon Earnings Rise 16% as Electronics Sales Surge

Amazon’s third-quarter profits rose 16% thanks to surge in sales of electronic products such as its Kindle e-reader, the world’s largest online retailer reported after the bell Thursday.
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