amazon

Online auction site eBay is lowering its seller fees for fixed-price sales to compete with rivals like Amazon.

Dan Grech has more on whether users are buying into the changes.

By opening its channels to a million outside sellers, Amazon has undercut the auction site and is winning the battle for Internet sales. Next up: A challenge to eBay's PayPal.

But gains are trimmed when oil rebounds from a low of $112.72. Amazon.com and Apple push higher. Boeing drops on reports it may not bid on the Air Force's new tanker.

Despite lower interest rates, banks are stingier about lending.

High gas prices are keeping many of us close to home this summer. Here's a look at the 'staycation' economy and the companies likely to benefit, like Wal-Mart, Amazon.com and Great Wolf Resorts.

In the past, Borders partnered with Amazon for online sales. Today, they've set out on their own, offering direct sales via a new website.

Ashley Milne-Tyte takes a look.

Looking for new revenue sources, states are considering levying taxes on Internet retail. California is thinking about taxing music downloads, and New York says it's going to start hitting up companies like Amazon.

Alisa Roth reports.

A bartender and former high school teacher has won a fiction-writing contest sponsored by Amazon.com and Penguin Books.

The competition is part of Amazon's promotion of its new self-publishing business. Lisa Napoli reports.

Purchasing a car could be as close as a click away soon if Bloomfield Hills-based NeoSynergy has anything to say about it.

The Internet start-up is working on technology that could making buying a car as easy as buying a book on Amazon.

Small bookshops are part of the culture in France, but their existence has been threatened by Amazon. A court sided with them in a lawsuit last year, but the online bookseller is not giving up the fight.

Anita Elash reports.

The fast-food chain gets help from its dollar menu and the falling dollar. Higher oil prices push the Dow lower; the index has its worst week since 2003.

The Nasdaq gets a boost from Amazon.com's big stock buyback. Dell gives Advanced Micro Devices a bad blow.