The impact of new tax reporting standards on the gig economy is uncertain

Nobody enjoys paying taxes, but filing taxes is especially inconvenient for gig workers. Unlike most employees, they are required to keep track of their own income and make quarterly estimated payments as independent contractors, and they pay to double the tax rate for Social Security and Medicare because the companies...

Quiet Logistics is purchased by American Eagle Outfitters for $360 million

American Eagle Outfitters announced Wednesday that it has completed the $360 million acquisition of Massachusetts-based Quiet Logistics and other strategic investments, allowing it to offer same-day and next-day shipping to customers from American Eagle stores. Quiet Logistics operates in-market fulfillment centers across the country, including Boston, Chicago, Los Angeles, St....