DOJ Files Lawsuit Against eBay Over ‘Rolling Coal’ Devices, Potential $2 Billion Fines at Stake

F-450 coal rolling Courtesy: Salvatore Arnone | Wikipedia CC Ebay could potentially face fines of up to $2 billion for allegedly enabling the sale of “rolling coal” pollution devices and other products that violate environmental laws on its platform. Rolling coal refers to the modification of a vehicle’s engine to emit excessive amounts of soot …

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Walmart’s Las Vegas event aims to expand third-party marketplace

Walmart is hosting its first-ever seller summit for businesses who are part of its third-party marketplace. The two-day event features informative how-to sessions and speeches by the company’s top leaders. Melissa Repko | CNBC LAS VEGAS — Walmart is exploring innovative tactics to attract sellers to its third-party marketplace in an effort to boost online …

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Lawmakers focus on enhancing safety by scrutinizing the sale of recalled baby products on Facebook

Jaap Arriens | Nurphoto | Getty Images WASHINGTON — In a series of letters to 17 companies, lawmakers in the House have raised concerns about the sale of recalled baby products on Facebook’s Meta platform, which have been linked to infant deaths. The lawmakers questioned the companies’ compliance with U.S. Consumer Product Safety Commission (CPSC) …

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Laws to Combat Theft Adopted in Nine States

This marks the final installment in a three-part series on organized retail crime, focusing on the impact of theft on businesses and the response from companies and policymakers. To catch up on the previous stories, you can read the first one here and the second one here. In Chicago, Illinois, the Magnificent Mile shopping district …

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Southwest Airlines, Meta, eBay, and More: A Diverse Range of Companies

A Southwest Airlines aircraft at a gate at AustinBergstrom International Airport (AUS) in Austin, Texas, US, on Thursday, Feb. 16, 2023. Jordan Vonderhaar | Bloomberg | Getty Images Here are some of the top companies making headlines in early morning trading: Southwest Airlines — The airline’s stock slid 6% premarket after releasing a mixed financial …

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Harnessing the Power of META, CMG, NOW, and Beyond

Meta headquarters in Menlo Park, California, US, on Thursday, July 21, 2022. David Paul Morris | Bloomberg | Getty Images Here are the companies making headlines after the bell: Meta Platforms – Shares of Meta Platforms surged nearly 6% following better-than-expected quarterly results. The social media giant also provided an optimistic sales forecast for the …

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Skype’s Ascendancy and Decline

Skype, once a revolutionary voice, video, and messaging app, has undergone notable changes over the years. Initially gaining popularity for its ability to enable long-distance communication without hefty fees, the platform experienced a series of ownership transitions. In 2005, eBay acquired Skype but struggled to capitalize on the investment. Eventually, a majority stake was acquired …

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Effective Implementation of the Inform Act to Combat Organized Retail Theft

The Inform Consumers Act, a new legislation aimed at addressing organized retail theft and the sale of counterfeit and harmful products on online platforms, is set to take effect. The law requires online marketplaces like Amazon and eBay to verify and share information on high-volume third-party sellers in order to discourage the sale of stolen …

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