Scotsman (blog) Royal Mail'in a fragile state' says CableScotsman (blog)BUSINESS Secretary Vince Cable has insisted Royal Mail is still in a “fragile” state and was not sold off on the cheap, after he was described as relying on “Alice in Wonderland facts” to defend the privatisation. Mr Cable and his …

Post office is driving away customersColumbus DispatchI headed for the nearby post office near Bexley, which had a line a mile long, so we proceeded to the Whitehall post office in Town and Country Shopping Center. As we entered through the front door, the lights were dimmed and we heard …

A modernisation programme has been completed at a Post Office branch in Bradford city centre. More: continued here

BBC News Miliband attacks 'grossly undervalued' Royal Mail saleFinancial TimesEd Miliband on Wednesday accused the prime minister of “ripping off the taxpayer” over the privatisation of Royal Mail. The Labour leader said the government had “grossly undervalued” the postal service: 60 per cent of the company was sold last October …

The Morning Ledger: EBay Bites Repatriation BulletWall Street Journal (blog)EBay's chief financial officer, Bob Swan, said, “We are an acquisitive company and we need to ensure we have the resources available to capitalize on targets that become available,” though he was quick to add that no large U.S.-based acquisitions are … …

Report: Ariz. provided food stamps to incarcerated, deadArizona Daily StarPHOENIX — Arizona provided food stamps and welfare benefits to some people behind bars — and some who were dead — according to a new report. The study by the state Auditor General's Office said the Department of Economic Security does …

EBay's $3 Billion Tax Charge Clouds Strong Earnings GrowthTheStreet.comNEW YORK (TheStreet) – EBay (EBAY) beat a conservative first-quarter earnings guidance after it settled a very public two-and-a-half-month battle with billionaire activist investor Carl Icahn. However, the company took a $3 billion tax-related charge … More: continued here

Downtown post office will have short move to new locationLeader-Telegram… empty Phoenix Park area storefront. Though the Postal Service still was finalizing lease details, it informed the city Monday afternoon that it plans to move Eau Claire's main post office into a 7,262-square-foot retail space on the 200 block of …

The firm forecast second-quarter per-share earnings between 67 cents and 69 …CNBC.comEarlier this month, billionaire investor Carl Icahn, who owned more than 2 percent of eBay as of April 10, backed off calls for it to spin out its fast-growing PayPal payments unit, having failed to drum up support from …

KENNESAW, Ga. – A FedEx employee wearing ammunition draped across his chest "like Rambo" opened fire Tuesday at a package-sorting centre outside Atlanta, wounding six people before committing suicide, police and witnesses said. The suspect, identified by police as 19-year-old Geddy Kramer of Acworth, was found dead inside. He worked …