Royal Mail share price drops 5pc as chief warns on threats to businessCITY A.M. (blog)Royal Mail has reported some pretty healthy full-year results, although fears for the long-term security of the business have been compounded by words of warning from chief executive Moya Greene this morning. The company, which floated …

MEMPHIS, Tenn. (AP) — A former corrections officer pleaded guilty Thursday to fatally shooting two workers at a rural Tennessee post office in a deal that allows him to avoid the death penalty and spend the rest of his life in prison. More: continued here

EBay Inc came under pressure on Thursday over a massive cyber attack that compromised the personal data of its 145 million users, as at least three U.S. states began investigating the e-commerce company's security practices. Connecticut, Florida and Illinois are conducting a joint investigation into the matter, according to according …

Bakersfield Now Milk stamp draws line at San Francisco post officeSacramento BeeAIDS Memorial Quilt creator Cleve Jones, who was an aide to Milk, and screenwriter Dustin Lance Black, who won an Oscar for the 2008 movie "Milk," joined dozens of people who lined up at the Castro post office to …

Royal Mail Reports £430m Full-Year ProfitSky NewsRoyal Mail has reported an operating profit of £430m in its first full-year results since privatisation. The figure for the 12 months to March, after transformation costs, is up from £403m in the previous year – a rise of 6.7%. But the company warns …

VentureBeat Major eBay hack targets passwords and sensitive personal detailsVentureBeatIn response to the incident, which occurred two months ago, eBay claims that it has not seen a jump in fradulent activity but advises users to change their passwords. However, the compromised database contained far more than encrypted passwords; eBay … More: …

9 Investigates food stamp fraudWFTV Orlando9 Investigates discovered how easy it is for people to use their food stamp cards to get cash so they can buy cigarettes, alcohol or anything else. Channel 9's Vanessa Welch went undercover to catch the abuse happening on camera. Using a hidden camera, … More: …

BBC News Why Royal Mail's share price is going downBBC NewsRoyal Mail's share price – a roller coaster if ever there was one – is down today. Superficially that might seem a little odd: profits are up 12%, parcel revenues are up 7% and letter volumes fell by less than …

Search Engine Land Is eBay A Big Loser In Google's Panda 4.0 Update? — Winners & Losers DataSearch Engine Landgoogle-panda-generic-featured Yesterday, Google began rolling out their Panda 4.0 update designed to punch low-quality content. That's generated both “winners” who have moved up in rankings as “losers” have dropped down — …

Royal Mail Posts Strong Profit Growth in First Annual Results Since IPOWall Street JournalFor the year ended March 30, Royal Mail made a pretax profit of £363 million ($613.4 million), compared with £304 million a year earlier. Stripping out exceptional costs, mainly related to a pension-plan amendment, it made an …