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Amazon abandons plan to build distribution centre in Czech city of Brno

PRAGUE - U.S. retail giant Amazon says it has abandoned plans to build a distribution centre in the Czech Republic's second largest city after it was rejected by local authorities. Brno councillors three times rejected the plan, which would have created up to 2,000 jobs, arguing the land Amazon wanted to build on was not zoned for such projects. Tim Collins, who is in charge of Amazon's European operations, said in a statement Wednesday that Amazon respects this decision and will look to open its centre in another Eastern European country. No details were given.

Amazon abandons plan to build distribution centre in Czech city of Brno

PRAGUE - U.S. retail giant Amazon says it has abandoned plans to build a distribution centre in the Czech Republic's second largest city after it was rejected by local authorities. Brno councillors three times rejected the plan, which would have created up to 2,000 jobs, arguing the land Amazon wanted to build on was not zoned for such projects. Tim Collins, who is in charge of Amazon's European operations, said in a statement Wednesday that Amazon respects this decision and will look to open its centre in another Eastern European country. No details were given.

Two U.S. hackers admit to international cyber crime in New Jersey court

By David Jones NEWARK, New Jersey (Reuters) - Two American men said to belong to an international cyber crime ring admitted hacking into accounts at banks, brokerage firms and government agencies in an attempt to steal some $15 million, New Jersey authorities said on Tuesday. The two were part of a scheme to "cash out" bank accounts and pre-paid debit cards opened in the names of others, said U.S. Attorney Paul Fishman in a statement.

Amazon hit by strikes in Germany

One of Amazon's key sites in Germany was the target of fresh walkouts by staff on Monday in an long-running wage dispute. The services sector union Verdi has called for morning stoppages at Amazon's logistics centre in Leipzig. And "participation has really been quite high," said Verdi spokesman Thomas Schneider. He did not specify how many employees took part in the strike, but the group has a workforce of around 2,000 in Leipzig, of whom 700 are Verdi members.

Amazon workers on strike in Germany in ongoing dispute over wages

BERLIN - Workers at one of Amazon.com's German distribution centres are on strike in a dispute over wages. The ver.di union said Monday that workers at the American online retailer's logistics centre in Leipzig were staging the short-term warning strike to try to get management to return to the negotiating table. Ver.di says it may extend the action to other logistics centres, and is also threatening multiple-day strikes. Amazon has offered Christmas bonuses to workers but the union says it also wants wage increases.

Sally Beauty says security breach affected more people than earlier anticipated

DENTON, Texas - Sally Beauty says a security breach in March may have affected more of its customers than it earlier estimated. The beauty products seller said last week that the breach affected fewer than 25,000 credit and debit card accounts. It said Friday that based on an investigation into the incident, a larger number of records containing payment card data may have been illegally accessed and removed from its system. Sally Beauty refused to say how many accounts may have been impacted until the forensic review is complete.

Wal-Mart sues Visa for $5 billion over card swipe fees

By Phil Wahba (Reuters) - Wal-Mart Stores Inc this week sued Visa Inc for $5 billion, accusing the credit and debit card network of excessively high card swipe fees, several months after the retailer opted out of a class action settlement between merchants and Visa and MasterCard Inc. Visa declined to comment on the suit, filed Tuesday in the U.S. District Court for the Western District of Arkansas, where Wal-Mart is headquartered.

Walmart sues Visa for $5 bn for rigging card fees

The world's largest retailer Walmart has sued credit card giant Visa for more than $5 billion for conspiring with banks to fix fees that merchants pay for accepting Visa card payments. In the suit filed this week in Arkansas, where Walmart is based, the retailer said Visa worked with some of the largest US banks "to illegally fix the interchange fees and inflate the network fees that Walmart and other merchants pay on Visa charge card transactions."

Customers receive credits from e-books case and yawn

By Andrew Longstreth NEW YORK (Reuters) - In the end, one of the highest-profile antitrust cases in years failed to make much of an impression on some of the very people the lawsuit was meant to benefit. Customers of Amazon.com Inc and other e-book retailers on Tuesday began receiving notices of their shares of a $166 million settlement with five of the biggest book publishers, all accused of conspiring with Apple Inc to raise e-book prices.

EBay asks shareholders to veto Icahn's PayPal spin-off proposal

(Reuters) - EBay Inc urged its shareholders to vote against activist investor Carl Icahn's proposal to spin off the e-commerce company's PayPal payments unit. Last week, Icahn asked eBay to sell 20 percent of the PayPal payments unit in an initial public offering, a change in tack from his previous call for a complete spin off. "Our shareholders and our customers are best served by keeping PayPal and eBay together," eBay's board said in a letter to shareholders.
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