Wyandotte Post Office to remain open for at least another year; Riverview …Southgate News HeraldIn December of 2011 Ed Moore, communications manager for the U.S. Postal Service's Detroit District, said declining mail volumes and improved efficiency were the major reasons the local post office could be on the chopping block, …

UK Auditor Says Royal Mail Was Sold off CheaplyABC NewsBritain's public-spending watchdog says the government cost taxpayers millions by selling off the Royal Mail at too low a price. The National Audit Office says shares in the postal service were sold "substantially below" their actual trading price … More: continued …

The Prime Minister has defended the Royal Mail (Other OTC: ROYMF – news) sell-off, claiming it has been good for the taxpayer, despite a report saying the public purse had lost out. David Cameron said the sale had benefited the taxpayer in three ways: it had generated money for the …

Kmart And JCPenney Join eBay Now Because Why The Heck NotThe ConsumeristIt used to be be that eBay was the place where you could go to buy obscure collectibles and sell the remain of your broken computer. Instead of all of those regular civilian consumers, though, eBay is more interested …

It was a hasty sale that lined the pockets of bankers and desecrated one of Britain's most historic public institutions by handing it over to the profiteering private sector at an outrageous discount. Such is the view of many who opposed the sell-off of communications firm Royal Mail, led by …

New Canaan Advertiser Police hope to help alleviate Post Office traffic problemsNew Canaan AdvertiserThe New Canaan Police Department plans to establish a regular police presence at 90 Main St., the temporary location of the town's Post Office, having officers periodically check in on the site in an effort to deter …

Wall Street Journal UK Government Didn't Get Best Deal in Royal Mail IPO, Says WatchdogWall Street JournalThe National Audit Office's verdict lends weight to accusations from the opposition Labour Party and postal workers' union that the government sold Royal Mail too cheaply. The sale, which aimed to introduce private capital …

The Guardian Undervaluing Royal Mail shares costs taxpayer £750m in one dayThe GuardianThe government's desperation to sell Royal Mail cost taxpayers £750m in a single day, the National Audit Office has said in a scathing report into the privatisation of the 500-year-old national institution. The public spending watchdog says the …

The National Audit Office found 16 priority investors reneged on a gentleman’s agreement to hold their investments for the long term. More: continued here

The Independent Royal Mail float: How banks broke promises and raked in a £323m fortune – and …The IndependentThe full scale of how City banks short-changed taxpayers in the £3.3bn flotation of Royal Mail was laid bare last night as it emerged that big investors who were offered extra shares …