Good morning. Here are the top stories in business and tech to know for the week ahead. — Charlotte Cowles
What’s Up? (April 4-10)
A Man With a (Tax) Plan
Large companies are often good at dodging taxes to maximize profits for their shareholders. But President Biden wants to make that harder with a new tax code that would raise tax rates and close loopholes for American corporations with annual incomes exceeding $2 billion. The plan is intended to bring in enough tax revenue to fund Mr. Biden’s $2 trillion infrastructure proposal. If it gets through Congress (and that’s a
WASHINGTON—Merchant groups are forming a national coalition to campaign for stricter antitrust laws, including measures they hope could force Amazon.com Inc. to spin off some of its business lines.
The effort is being launched Tuesday by trade groups that represent small hardware stores, office suppliers, booksellers, grocers and others, along with business groups from 12 cities, organizers say. Merchants plan to push their congressional representatives for stricter antitrust laws and tougher enforcement of existing ones.
The groups, which collectively represent thousands of businesses, want federal legislation that would prevent the owner of a dominant online marketplace from selling its own
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No surprise here: Amazon is one of our favorite places to shop for fashion! You can find some seriously amazing pieces for great prices — not to mention the convenience of having everything delivered right to your home. But here’s the thing: Sometimes, the incredible amount of inventory can be overwhelming! There are thousands upon thousands of dresses, skirts, jeans and shoes — and it may be difficult to find what you want if you’re in a rush.
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As of January, 34 percent of Americans have side hustles. From copywriting and consulting to social media management
In a world in which e-commerce has become a necessity for nearly every retailer, it can seem they have only two options: list their goods on marketplaces run by giant companies, or sell to consumers directly, hoping they’ll make more on each transaction despite fewer sales. In other words, either join a dominant marketplace like eBay , Walmart or Amazon —which by itself represents 38% of U.S. online sales, according to Digital Commerce 360—or hope they can find customers through advertising and word of mouth.
For many small- and medium-size sellers, a third option has emerged, embodied by the
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