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Tuesday, October 4, 2022

The Daily Money: Former eBay execs are sentenced to prison for harassment

Two one-time eBay executives were sentenced to prison for harassing a couple they believed was criticizing their online marketplace on their website. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Tuesday, October 4

Is it Friday yet? Well no, it's Tuesday. But we're getting closer! It's Charisse Jones with your Daily Money headlines.

Two one-time eBay executives were sentenced to federal prison for harassing a couple they believed were criticizing their online marketplace.  

James Baugh, 47, was sentenced in U.S. District Court to 57 months in federal prison, two years of supervision after he is released, and a $40,000 fine. Meanwhile, David Harville, 50, received a two-year sentence, two years of supervised release and a $20,000 fine.

Baugh, who was eBay's security chief and Harville, who was director of global resiliency, pleaded guilty several months ago to harassing Ina and David Steiner, who ran the Ecommercebytes website. Baugh and others who worked for him sent the couple threatening messages, and even mailed a bloody pig's mask to their home. 

A tale of two tax proposals

Arizona's proposed Income Tax Act of 1987 had a lot in common with a bill state legislators passed last year. But the 1980's bill failed, while the most recent law will create a single 2.5% rate for all Arizona taxpayers beginning in January.

The different outcomes cast a spotlight on how shifting goals, priorities and political alliances can make the difference between a policy stalling or moving forward. 

📰 More stories you shouldn't miss 📰

How much do you pay my co-worker, really? A growing number of states are requiring companies to be more transparent about what they pay, and many companies are revealing that information even without a mandate. But it remains to be seen if those changes will close gender and racial wage gaps. 

Stocks are up again. For now. The S&P 500 rose 2.6% on Monday, its largest spike since July. The upswing comes after the market has experienced steep slides as investors pull back in anticipation of a potential recession.   

I want to transfer to a different team, but will it make my boss mad? If you want to make a move within your  company, know the requirements, and be upfront, our HR expert says. 

🍔 Today's Menu 🍔

Japan wants its young people to drink more. Yep. You read that right. And among the beverages it's pushing its home grown sake. The rice-based alcohol was being brewed as far back as 300 B.C. Types of sake range from cloudy to sparkling.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TL;DR version: how decisions by the Federal Reserve, government and companies impact you.

Follow Charisse Jones on Twitter: @charissejones.

Ina and David Steiner, accompanied by their attorney Rosemary Scapicchio, background, accuse eBay of a terror campaign.
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