Senators slow on Internet sales tax bill vote
A small group of senators from no sales tax states blocks a final vote on a bill to let states require online retailers to collect state and local sales taxes. Wyden leads the opposition, arguing the measure harms online shoppers and favors foreign retailers as Senate leaders push to finish before the vacation.
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Chastened banks cut thousands of jobs
New York banks slash more than 31 000 jobs in the past year, about 3 5 percent of payrolls, with three lenders cutting for a second straight year. The reductions come as major firms report higher earnings, signaling lingering post crisis effects on the industry.
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New York
Bank of America
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Jpmorgan Chase
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Grounding of Boeing 787 Officially Lifted
FAA safety order allows United Airlines to resume flying its six Boeing 787 Dreamliners after replacing lithium ion batteries with a revamped system. Regulators say the repair costs for United’s fleet total about $2.8 million.
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Washington, D.C
Boeing
Tery
Federal Aviation Administration
United
FAA
Google to alter Europe search results labeling
EU antitrust body says Google will label promoted content more clearly and display competitor links to curb dominance concerns. The Commission notes the changes address issues since an investigation began in 2010 into potential unfair stifling of competition by Google in Europe.
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Google
Europe
Brussels
European Union
EU Commission
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