Gas goes up

Oil declined in New York while gasoline gained as refineries reduced operations on the US East Coast due to Hurricane Sandy.

Some pal

EBay’s PayPal unit says it is cutting 325 full-time jobs in a move to streamline the business.

King conked

Burger King’s net income fell 83 percent in the third quarter as the hamburger chain sold off more of its restaurants to franchisees as part of a turnaround push. But the company’s adjusted results topped Wall Street expectations.

Chrysler revs

Strong US sales powered Chrysler to a healthy third-quarter profit. The company reported net income of $381 million, up 80 percent from $212 million a year earlier. The profit was due mainly to a 13 percent sales increase in the US.

Ho, ho, ow!

UPS said that it expects to deliver 527 million packages between Thanksgiving and Christmas this year, surpassing last year’s record high by 10 percent.

La search tax

French President Francois Hollande is considering a pushing for a new tax that would see search engines such as Google have to pay each time they use content from French media.