The next target of the Trump administration’s regulatory rollback appears to be net neutrality. The Obama-era rule that says all internet traffic has to be treated equally. The Federal Communications Commission is expected to release a new net neutrality rule this week reversing that decision. Here’s how net neutrality works. Think of the web as […]
Pressure from Amazon has Walmart.com looking for new kinds of customers. According to the Wall Street Journal, the giant discount store is close to landing a deal with Lord & Taylor, one of the oldest luxury department stores in the country. Click the audio player above to hear the full story.
PayPal reports its quarterly earnings today. Analysts expect double-digit revenue growth. Last quarter, revenues at the payment processor were more than $3 billion, with 6.5 million new customer accounts. In tech company years, PayPal is kind of old — it’s been around since the late ’90s and pioneered peer-to-peer payments online. But the company keeps managing to […]
Call it “enticing” or “incentivizing.” Call it “begging” or “groveling.” What’s clear is the bidding war between cities and states to host Amazon’s second national headquarters is racing to its deadline Thursday. The offers of tax incentives, subsidies, favorable zoning, job training and all the rest are piling in. A few billion here, a few […]
