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While Canadian e-commerce still has a long road to travel before catching up with the U.S., a study released Wednesday by the Canadian e-Business Opportunities Roundtable shows that the divide is steadily closing.

Internet Capital Group, Inc. (Nasdaq: ICGE), an incubator for business-to-business (B2B) startups, said Wednesday that it will lay off 35 percent of its workers after reporting a third quarter loss that was wider than a year earlier.

Significantly more U.S. households are buying products on the Web, with the percentage jumping to 34 percent from 24 percent just a year ago, according to a survey released Wednesday by The Conference Board and NFO Research.

Amazon.com-backed pet supplies e-tailer Pets.com announced Tuesday that it is shuttering its operations and laying off 255 of its 320 employees.

Business-to-consumer (B2C) e-commerce firms need to focus more on offering items that can be delivered to homes profitably, according to a report released Tuesday by AMR Research.

Online health products store MotherNature.com (Nasdaq: MTHR) announced Tuesday that its board of directors has approved a plan to liquidate and dissolve the company, making it the third major e-tailer to shut down within two days.

eBay (Nasdaq: EBAY) cut 15 percent of the workforce at its high-end Butterfields auction house on Wednesday.

Put furniture on the list. The list, that is, of items that people absolutely, positively and unequivocally do not want to buy online. That is the message, plain and simple, behind the collapse of Furniture.com.

Just 17 percent of the 127 million adult Internet users in the United States are sure they want to be able to view their bills online, according to a study released Wednesday by Gartner Group.

America Online Latin America, Inc. (Nasdaq: AOLA) was up 5/8 at 7 early Wednesday after the company beat analysts' estimates for the fiscal first quarter by a penny.

DoubleClick, Inc. (Nasdaq: DCLK) picked up 5/8 to 19 7/8 Tuesday after the online advertiser announced patent litigation settlements with two rivals.

SierraCities.com (Nasdaq: BTOB) rose 1 39/64 to 5 55/64 after the company agreed to be acquired by VerticalNet, Inc. (Nasdaq: VERT) for $133 million in stock. VerticalNet fell 1 11/16 to 27 13/16.

S1 Corp. (Nasdaq: SONE) was down 11/16 at 10 in early trading Wednesday after the e-commerce software maker said its loss for the third quarter was wider than a year earlier, due in part to a big charge for consolidating recent acquisitions.

En Pointe Technologies, Inc. (Nasdaq: ENPT) rose 2 3/4 to 7 7/8 Monday after receiving a contract from the state of Minnesota.

Borders.com has passed longtime leader Amazon as the top online bookseller, according to Forrester Research.