David French News
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To Neiman Marcus Group Inc.’s lawyers, the letter from an unnamed inventor’s representative offering to negotiate patent licenses after an “analysis” of its technology was all too familiar.
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The end of tax-free Internet shopping isn’t here yet.
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Retailers that want the Republican-led U.S. House to pass legislation letting states collect sales taxes from out-of-state sellers have some skillful lobbyists on their side: Republican governors.
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The Federal Reserve Board’s decision to cap debit-card swipe fees at 21 cents trims the amount of revenue banks would have lost under an earlier proposal, while roughly halving what retailers pay the banks each year.
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Bloomingdale’s Chief Executive Officer Michael Gould is a fan of President Barack Obama’s efforts to speed up tourist visas for Chinese and Brazilian shoppers.
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When Texas sent Amazon.com Inc. a $269 million sales-tax bill in 2010, the world’s biggest online retailer shrugged. As lawmakers forced the issue last year, the company closed a warehouse near Dallas, cutting 119 jobs.
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Jennifer Cavallaro’s Twitter feed usually deals with matters like the free-range egg salad she serves at her Beehive Café in Bristol, Rhode Island. On May 17, 2010, she blasted a different message to her followers.
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For a day at least, Washington lawmakers of both political parties worked together and passed a bill business groups said is vital to the U.S. economy.
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For the past decade, Michael Gould says he’s watched with envy as a “stupefying” number of Chinese tourists lined up outside the doors of high-end boutiques in Paris, Rome, and other European cities.
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Amazon.com Inc. and brick-and-mortar stores urged U.S. senators to pass legislation to let states collect sales taxes from online retailers based elsewhere, as other Internet companies said they oppose the measure.
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