Rivals including TNT are now using more cycles to push mail – so why is the UK's iconic postal service giving up? The new year will mark the end of an era for the Royal Mail. Its postal staff will stop using the red Pashley Mailstar, once a common sight …

Descrier Royal Mail to axe 1600 jobs in cost-cutting drive as unions threaten strikesDescrierRoyal Mail has announced that they are planning to axe 1,600 jobs as part of a cost-cutting drive. The job cuts will mostly involve operational and head office managerial positions, with no impact on frontline employees such …

Italy to auction ministers' flashy cars on eBayIrish IndependentThey are one of the most hated symbols of Italy's political class – sleek, expensive executive cars in which ministers and officials are chauffeured around in comfort while the rest of the country endures the worst recession for decades. More: continued here

Royal Mail's share price just fell more than 1% – Management TodayManagement TodayCall us pessimistic, but MT foresees another one of those Christmases where Santa doesn't turn up much: Royal Mail has just announced 1,600 job cuts (1,300 net, because it wants to create 300 'new or enhanced roles'). Predictably, …

Authorities Look For Couple Living Lavish Lifestyle On Food StampsCBS LocalMIAMI (CBSMiami) — The search is on for a South Florida couple who authorities said were living a lavish lifestyle while collecting food stamps. Prosecutors are describing Colin Chisholm,III and his wife Andrea as, “rich folks ripping off the system …

Italy Cuts Government Waste By Selling 1500 Luxury Cars On eBayJalopnikIf you've been just dying to pick up a used Lancia Thesis driven by an Italian government official, now is the time to act! Italy is selling off some 150 luxury cars purchased by the government in an attempt to …

MyHighPlains Post Office ClosesMyHighPlainsAs of Saturday, all PO boxes for the town of Waka have been moved to the neighboring town of Farnsworth. This comes after the contractor of the Waka Post Office retired. The Unites States Postal Service has announced they will not be renewing the … More: continued …

eBay Won't Fix Errors Made in Handing Out MC999 ViolationsEcommerceBytes (blog)I while back, I had some listings removed with MC999 notices due to conflicts with eBay's catalog. These listings were likely ( but eBay would not confirm) to have been reported by a competitor selling the same items who's entire …

Post Office snack shack operator calls it quitsThe Daily News of NewburyportHAVERHILL — After 22 years operating his popular snack stand inside the post office in Washington Square, Ron Chapdelaine is closing the business to spend more time doing the things he loves. That's not to say he didn't love …

eBay Needs PayPal to Fight AmazonTheStreet.comNEW YORK (TheStreet) — Forrester Research analyst Sucharita Mulpuru added her name to a growing number of eBay (EBAY) supporters as the e-commerce company defends its strategy over a proposal from billionaire activist investor Carl Icahn to split off …and more » More: continued here