Latest Retail and wholesale News

What's that extra in my online cart? Soon, maybe a sales tax

Jun. 22, 2018 3:05 AM EDT

NEW YORK (AP) — Attention shoppers: You may soon be paying more taxes on what you put in your online cart. The Supreme Court ruled Thursday that states can require online retailers to collect sales tax on purchases that come from states where they don't have any shops, offices or warehouses. Before that,...

Asian stocks down as multiple trade disputes worry investors

Jun. 22, 2018 12:15 AM EDT

SEOUL, South Korea (AP) — Asian stocks fell Friday following Wall Street losses overnight as investors were still wary over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profit and jobs. KEEPING SCORE: Japan's Nikkei 225 lost 0.9 percent to...

High Court: Online shoppers can be forced to pay sales tax

Jun. 21, 2018 5:58 PM EDT

WASHINGTON (AP) — States will be able to force more people to pay sales tax when they make online purchases under a Supreme Court decision Thursday that will leave shoppers with lighter wallets but is a big financial win for states. Consumers can expect to see sales tax charged on more online purchases...

What's that extra in my online cart? Soon, maybe a sales tax

Jun. 21, 2018 5:57 PM EDT

NEW YORK (AP) — Attention shoppers: You may soon be paying more taxes on what you put in your online cart. The Supreme Court ruled Thursday that states can require online retailers to collect sales tax on purchases that come from states where they don't have any shops, offices or warehouses. Before that,...

Latest: Trump calls sales tax ruling 'victory for fairness'

Jun. 21, 2018 5:51 PM EDT

WASHINGTON (AP) — The Latest on the U.S. Supreme Court ruling that states can force online shoppers to pay sales tax (all times local): 5:15 p.m. President Donald Trump is commenting on a Supreme Court decision that may result in shoppers getting charged sales tax on more online purchases. The high court...

Slow growth likely continues in rural parts of 10 states

Jun. 21, 2018 4:46 PM EDT

OMAHA, Neb. (AP) — The economy should continue growing slowly in rural parts of 10 Plains and Western states, but the most recent survey of bankers in the area doesn't reflect all the recent tough trade talk. Creighton University economist Ernie Goss says farmers are concerned that new tariffs could hurt...

General Motors and Deere slide while Kroger and Darden jump

Jun. 21, 2018 4:30 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday: General Motors Co., down 83 cents to $41.12 Automakers fell after Daimler lowered its profit forecast, partly because of the effect of tariffs on U.S. vehicles in China. Kroger Co., up $2.55 to $28.73 The supermarket chain raised...

Trudeau: Canada to legalize marijuana on Oct. 17

Jun. 21, 2018 3:09 AM EDT

TORONTO (AP) — Marijuana will be legal nationwide in Canada starting Oct. 17 in a move that should take market share away from organized crime and protect the country's youth, Prime Minister Justin Trudeau said Wednesday. The Senate gave final passage to the bill to legalize cannabis on Tuesday,...

Another big week of sales for Bill Clinton's first novel

Jun. 20, 2018 5:24 PM EDT

NEW YORK (AP) — For the second straight week, a thriller co-written by former President Bill Clinton is NPD BookScan's top seller. "The President is Missing," co-written by James Patterson, tells of a president trying to prevent a devastating cyberattack. BookScan announced Wednesday that it sold 121,300...

Canadian senate passes weed bill but legalization delayed

Jun. 20, 2018 2:37 AM EDT

TORONTO (AP) — Canada's Senate gave final passage Tuesday to the federal government's bill to legalize cannabis, though Canadians will have to wait at least a couple of months to legally buy marijuana as their country becomes the second in the world to make pot legal nationwide. Prime Minister Justin...