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Why Etsy (ETSY) Shares Are Sliding Today

Shares of online marketplace Etsy (NASDAQ:ETSY) fell 5.5% in the afternoon session after the company announced a restructuring plan on December 12, 2023, to enhance operational efficiencies, reduce costs, and align its workforce with business priorities. The plan includes an 11% reduction in the marketplace workforce, approximately 225 employees, with estimated charges of $25-30 million expected to be incurred primarily in the fourth quarter of 2023. Additionally, Chief Marketing Officer Ryan Sc ....

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A high school student was fatally shot after Facebook Marketplace meetup. Here's what you should know — and how to stay safe

A Baltimore man has been arrested for fatally shooting a high school student after the latter decided against buying a car listed on Facebook Marketplace, raising concerns about the safety of online marketplace purchases. Marques Harris, 18, was arrested on Dec. 2 for shooting and killing Carlos A. Carranza Ricardo, also 18, on Nov. 26, per the Baltimore Police Department. CBS reported that Carranza Ricardo had driven to Baltimore with a friend to look at a car he had seen for sale on Facebook Marketplace. ....

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Amazon asks federal judge to dismiss the FTC's antitrust lawsuit

Attorneys for Amazon on Friday asked a federal judge to dismiss the Federal Trade Commission’s antitrust lawsuit against the e-commerce giant, arguing the agency is attacking policies that benefit consumers and competition. ....

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Pennsylvania holiday scams

The scams include email and text phishing, delivery stealing, credit card skimming, romance scams, online pet scams, pop-up ads and online marketplace deals. ....

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