• States ask big tech to step up vigilance against online price-gouging

    States ask big tech to step up vigilance against online price-gouging

    A group of 32 US states have a message for the nation’s leading online platforms: You are not doing enough to stop price gouging amid the coronavirus crisis. In a letter sent on Wednesday to Amazon, Walmart, Facebook and eBay, a bipartisan group of US attorneys general outlined specific steps it wants the online platforms …
  • China’s retailers offer deals to kick-start spending amid coronavirus decline

    China’s retailers offer deals to kick-start spending amid coronavirus decline

    Electronics stores, coffee chains and even local authorities in China are slashing prices and handing out millions of dollars worth of discount coupons to kick-start an economy battered by gradually easing virus-fighting restrictions on movement. GOME Retail Holdings and Suning.com plan to hand out over 620 million yuan ($88 million) worth of vouchers, while Alibaba’s …