EBay Inc. , owner of the largest e-commerce market, and its takeover target GSI Commerce Inc. were sued by an investor claiming EBay’s $2.4 billion offer is a “bargain price” and the company is worth more.
Republican presidential candidates are trying to paint President Barack Obama, who ordered the killing of Osama bin Laden and helped bring down Muammar Qaddafi, as weak on foreign policy for failing to halt Iran’s quest for a nuclear weapon.
Turkey’s war with Kurdish militants has entered its bloodiest phase in more than a decade, with attacks on soldiers and police almost every day and a breakdown in ties with neighbors that had helped to contain the threat.
U.S. and European officials said they will seek to tighten financial sanctions against Iran as soon as possible, armed with a United Nations atomic weapons inspectors’ report that asserts Iran has conducted clandestine activities “specific to nuclear weapons.”
EBay Inc. Chief Executive Officer John Donahoe is stepping up an effort to woo big retailers and challenge Amazon.com Inc. through the $2.4 billion acquisition of GSI Commerce Inc., his largest takeover yet.
Let's hope an article in today's New York Times puts an end to a ludicrous rumor that has been floating around the Internet for weeks: That "radical Islamists" have called for the demolition of the Egyptian pyramids.
While EBay Inc. struck its cheapest deal for GSI Commerce Inc., wringing profits out of the money- losing Internet company that gets less operating income from sales than nine out of 10 U.S. rivals may prove more costly.