Ebay chief defends keeping PayPalFinancial TimesCarl Icahn has mobilised an assault on eBay, attacking the company for failing to spin off PayPal, its electronic payments business. In a epistolary onslaught – five letters last week alone – the obstreperous investor has accused Mr Donahoe of … More: continued here
Read More »Icahn’s reasons for eBay-PayPal spin-off still missing, yet ranting continues – GeekWire
GeekWire Icahn's reasons for eBay-PayPal spin-off still missing, yet ranting continuesGeekWireShareholder activist Carl Icahn continues a daily stream of threats aimed at eBay and PayPal, and yet has failed to make public his full business case for separating the two companies. ebaylogo In a letter sent to eBay shareholders today, …
Read More »Hours to be cut at Lorane Post Office – KMTR NewsSource 16
Hours to be cut at Lorane Post OfficeKMTR NewsSource 16"There are so many services that you couldn't get any other way than to go to the Lorane Post Office or to one that is at least 13 miles away if not more," said Barbara Dare, who lives in the unincorporated …
Read More »UPDATE 2-Icahn says fight for PayPal spinoff just getting started – Reuters
UPDATE 2-Icahn says fight for PayPal spinoff just getting startedReutersHe has sparred with eBay management via open letters and press releases since January, when eBay said the pugnacious billionaire had made an unsolicited proposal for eBay to hive off PayPal and nominated two directors to the eBay board. In his …
Read More »PRINCETON: Palmer Square won’t lease property to the post office – Packet Online
PRINCETON: Palmer Square won't lease property to the post officePacket Online”It's important for the community to maintain a post office presence in downtown,” Mayor Lempert said Wednesday. “And I'm disappointed in the news, but the municipality will be reaching out to the post master general to offer our assistance in …
Read More »Drake post office to reopen for first time since flood – The Coloradoan
Drake post office to reopen for first time since floodThe ColoradoanResidents of the Big Thompson Canyon have been without postal service in the canyon since the September flood. The Seven Pines RV park is pictured here in September. / Trevor Hughes/The Coloradoan …and more » More: continued here
Read More »UPDATE 1-Icahn ‘not yet begun to fight’ eBay in push for PayPal spinoff – Reuters
UPDATE 1-Icahn 'not yet begun to fight' eBay in push for PayPal spinoffReutersHe has sparred with eBay management via open letters and press releases since January, when eBay said the pugnacious billionaire had made an unsolicited proposal for eBay to hive off PayPal and nominated two directors to the eBay …
Read More »What Is Wrong With eBay? – TheStreet.com
What Is Wrong With eBay?TheStreet.comWhile Chinese Internet company Alibaba has used its base in e-commerce to build an estimated $100 billion in equity value over the last decade, eBay's growth has lagged. The company has missed the digital-goods opportunity and revenue growth has … More: continued here
Read More »USPS sets March 18 hearing on plans to relocate Downtown post office – SouthCoastToday.com
USPS sets March 18 hearing on plans to relocate Downtown post officeSouthCoastToday.comNEW BEDFORD — The U.S. Postal Service will hold a public hearing March 18 on its plan to close the Pleasant Street post office and relocate operations to another downtown site, according to the postal service. The postal service …
Read More »PayPal's Dilemma: Why It Needs eBay and Vice Versa
Updated from 11:01 a.m. to include information from UBS analyst in the eleventh paragraph. NEW YORK (TheStreet) – EBay's push into Russia may underscore how the e-commerce giant will look to expand its Marketplace business and its faster-growing PayPal payments division, which currently is the focus of a scorched-Earth activist …
Read More »