Business

Yahoo! Inc. surged 1 5/8 to 31 3/16 Tuesday after the online giant said e-tail sales over its properties were strong this holiday season. The Santa Clara, California-based Internet company said that order volume for its shopping properties outside the United States was more than six times that of l...

Amazon.com ranked as one of the top online retail sites in markets worldwide during November -- the only multinational brand to do so -- according to data released Thursday by Web measurement firm Media Metrix and its European affiliate, Jupiter MMXI. Survey results for the month showed that Ama...

Two new studies indicate that consumers remain wary of making last-minute holiday purchases online, although the reports disagree about exactly when this year's holiday shopping reached its zenith. According to the Nielsen//NetRatings Holiday E-Commerce Index, released Thursday, traffic to e-taile...

3Com Corp. (Nasdaq: COMS) was up 19/32 at 7 25/32 early Friday after the company announced better-than-expected results for the second fiscal quarter and said it plans to operate its carrier networks business as a separate subsidiary. The Santa Clara, California-based maker of networking equipment ...

Online retail sales reached unprecedented levels in November, according to a pair of reports released Thursday. One study, the latest National Retail Foundation/Forrester Research Retail Index, found that total online spending increased to $6.4 billion in November, up from $4.4 billion in October. ...

With an eye toward appealing to the bargain-hunting segment of the Web population, Amazon.com said Wednesday it will open an Internet outlet mall during the post-Christmas shopping week. According to the company, the Amazon.com Outlet will provide online shoppers with a single location to shop for...

In what could be a good omen for the overall health of holiday e-tailing, Outpost.com announced Wednesday that revenue for its third quarter more than doubled over last year. Outpost said it brought in US$95.7 million for the quarter ending November 30th, up 122 percent from the $43.2 million earn...

Although Internet advertising revenue during the third quarter experienced a 63 percent rise compared to the same period in 1999, income from Web-based ads still slid 6.5 percent from the second to third quarter this year, according to a study released Wednesday by the Internet Advertising Bureau (...

Beleaguered name-your-price e-tailer Priceline got an early Christmas present Wednesday when the Connecticut Better Business Bureau (BBB) announced it had reinstated the company's membership. The Connecticut BBB expelled Priceline in September after reportedly receiving more than 300 complaints abo...

With the nomination Wednesday of Don Evans as U.S. Secretary of Commerce by President-elect George W. Bush, many e-commerce analysts are wondering how the potential new Cabinet member will affect the New Economy. So far, little is known about the technology views of Evans, who is reportedly one of B...

Note to e-tailers: Many seniors have sizeable incomes or nest eggs and like to travel, buy clothes, exercise, dine out, connect with other seniors who have similar interests and even date. Yes, date. Surely there are books and other products out there that appeal to the varied interests of senior sh...

Digital currency site Beenz said Tuesday that it is laying off 25 employees from its New York City and San Francisco, California offices and will close some of its other offices. The company said that the cuts came after an in-depth analysis, including a strategic review of its global business...

Spurred on by the success of Stephen King's e-book experiment and low distribution costs, the digital book industry in the United States is set for an explosion over the next few years, according to a report issued Tuesday by research firm IDC. IDC senior analyst Malcolm Machlachlan told the E-C...

Most online financial services have yet to gain a foothold among consumers, according to a study released Wednesday by business services firm Mercer Management Consulting. As part of its report, Mercer found that the number of Internet users who had purchased insurance, loans or mortgages online la...

Many brick-and-click Web merchants are following a basic recipe for success this holiday season, according to a new report from the Yankee Group. According to "Performance Enhancing Strategies for Online Retailers," such offline mainstays as JCPenney.com, LandsEnd.com, and SharperImage.com will ...