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Online sales soar during Black Friday

Online purchases reached $1.93 billion on Friday itself, the unofficial start of the retail sector’s holiday season. That marked a 39 percent increase over 2012, according to software maker Adobe, which analyzed 400 million visits on some 2,000 American shopping websites. Technology giant IBM also found similar numbers for overall…

Senate approves controversial online sales tax

The US Senate passed legislation Monday that would end years of tax-free online buying by allowing states to collect sales tax for Internet purchases from web giants like Amazon and eBay. The Marketplace Fairness Act sailed through the Senate 69-27, but before becoming law it needs to pass the House…

Holiday shopping online rockets in U.S.

WASHINGTON — US consumers turned in record levels to the Internet for holiday shopping this year, further boosting online sellers’ share of the huge national retail pie. Shopping via the Internet in the seven weeks before Christmas jumped 15 percent over a year earlier, according to market analysts ComScore. That…

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