Online auctioneer eBay Inc. on Wednesday said it would raise the fees charged on its online stores that have started diverting visitors from its auction sales. CEO Meg Whitman said the company is working to focus more on its profit motive and online auctions....

USATODAY.com - Mutual fund mogul Mario Gabelli has reached a tentative settlement in a civil lawsuit charging him with defrauding the federal government of hundreds of millions of dollars in auctions of cellphone licenses, according to the Justice Department.

Reuters - A glut of retail assets on the auction block could make it harder for companies to make a quick sale.

Ebay’s latest quarterly results on Wednesday failed to dispel concerns that growth in its core online auctions business is dwindling, leading to a 5 percent fall in the internet company’s shares in after-hours trading....