People who get food stamps in Pennsylvania spend $1 of every $20 in benefits at convenience stores, yet federal data show corner stores represent a disproportionate share of fraud cases. More: continued here
Read More »Two charged in Twin Cities food stamp fraud that shipped goods to Liberia – Pioneer Press
Two charged in Twin Cities food stamp fraud that shipped goods to LiberiaPioneer PressRamsey County investigators said Wednesday that they have broken up a criminal operation that illicitly used food-stamp benefits to buy thousands of dollars of nonperishable foods like soda and ramen noodles that were shipped to Liberia and …
Read More »Berkeley: Federal watchdog criticizes post office broker's dual role
While firm denies any conflict, inspector states arrangement could mean financial loss, diminished public trust More: continued here
Read More »What investors really think about the Icahn-eBay fight – MarketWatch (blog)
What investors really think about the Icahn-eBay fightMarketWatch (blog)Icahn's complaints stem mostly from what he sees as conflicts of interest involving board members Marc Andreessen and Scott Cook, a lack of leadership from Chief Executive John Donahoe and the need to split off eBay's PayPal electronic-payments … More: continued here
Read More »EBay CEO says top shareholders agree PayPal should stay put
By Phil Wahba and Nadia Damouni NEW YORK (Reuters) – EBay Inc CEO John Donahoe said on Wednesday that several of the online retailer's most active shareholders have assured him they support his efforts to resist demands by activist investor Carl Icahn for a spin-off of the PayPal unit. Donahoe …
Read More »Icahn: ‘I’ve Never Seen Worse Corporate Governance Than eBay’ – Moneynews
Icahn: 'I've Never Seen Worse Corporate Governance Than eBay'MoneynewsHe's upset that eBay sold Skype in a September 2009 for only $2.75 billion to an investor group that included eBay board member Marc Andreessen. The group itself sold Skype 1 ½ years later to Microsoft for $8.5 billion. Editor's Note: Free …
Read More »eBay's Management Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)
Very happy to have Bob Swan, CFO of eBay with us this morning, Bob thanks coming back this year. And maybe a good place to start is some of the more recent events that have been going on with yourselves and some in the investment community and just the way …
Read More »Berkeley: Federal watchdog criticizes post office broker’s dual role – Vallejo Times-Herald
Berkeley: Federal watchdog criticizes post office broker's dual roleVallejo Times-HeraldBERKELEY — The United States Postal Service should stop allowing commercial real estate services firm C.B. Richard Ellis from representing both seller and buyer, and lessor and lessee in post office property transactions, according to a Feb.and more » More: continued here
Read More »EBay CEO says top shareholders agree PayPal should stay put – Reuters
EBay CEO says top shareholders agree PayPal should stay putReutersDonahoe told Reuters on Wednesday he has spoken with as many as 16 of the 20 most-active shareholders in eBay, and most favored hanging on to the fast-growing PayPal payments unit. He did not say what percentage of the company's shares …
Read More »EBay CFO: PayPal “not being constrained” – MarketWatch
EBay CFO: PayPal "not being constrained"MarketWatchSAN FRANCISCO (MarketWatch) — EBay Inc. [ebay] chief financial officer Bob Swan said Wednesday that the company's PayPal payments business "is not being constrained" because it's part of a larger company. Speaking at a Morgan Stanley tech … More: continued here
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