The Guardian Why did JP Morgan think Royal Mail's value could be £10bn? Let's find outThe GuardianEven so, the £10bn that JP Morgan thought Royal Mail could be worth deserves further investigation. One has to deduct Royal Mail's borrowings to get a true comparison with the £3.3bn at which the …

Gizmodo UK The Royal Mail's Underground Rail Network May Be ReopeningGizmodo UKOne of London's best-kept secrets is that there's a second Tube system, formally operated by Royal Mail but now left to ruin, lying abandoned underneath the capital. However, it might not remain secret much longer — the Post Office …

NBCNews.com Romanians accused of eBay scamCNNMoneyPopescu, 33, is accused of leading a crime ring that placed fake listings on e-commerce websites including eBay (EBAY, Fortune 500), Cars.com, AutoTrader.com, and CycleTrader.com. The listings were for high-value items, including cars, motorcycles and …7 Eastern Europeans Indicted in Multimillion-Dollar eBay Fraud SchemeWiredall 3 news …

Florida families to be hit by cuts in food stampsPalm Beach Post“Our families have an average of $14,000 per year in earnings,” said Sergio Palacio, executive director of the Farmworker Coordinating Council in Lake Worth, which distributes supplemental food to poor families, most of whom receive food stamps. More: continued …

Palmer police charge Bondsville man in connection with post office break-inMassLive.comPALMER – Palmer Police Chief Robert P. Frydryk said a Bondsville man has been charged in connection with the Oct. 12 Palmer post office break-in. Frydryk said James A. Brodeur, 39, of 3016 Hill St., will be summoned to Palmer …

Want food stamps? Go to CraigslistFox News (blog)By: Perry Chiaramonte (FOXNews.com). Food stamp recipients are turning the government handouts into quick cash with ads on Craigslist, despite efforts to stem fraud. The federally-funded grocery assistance coupons — which are issued by states in the … More: continued here

The US Post Offices Are Golden Real EstateCanada Free PressWe've heard every year that the U.S. Post Office is insolvent and must raise the price of stamps, a nice way of saying, they are broke and have been broke for a long time. Taxpayer bailouts and subsidies have been their …

Royal Mail float leads London IPO revivalFinancial TimesBritain's recovery story is gathering momentum. The privatisation of postal operator Royal Mail– whose shares have soared in the days since its debut – is the biggest in a string of flotations that have put the London Stock Exchange at the centre of …

The Guardian Royal Mail was worth £10bn, said JP Morgan. It sold for £6bn lessThe GuardianOne of the world's largest investment banks told ministers ahead of the Royal Mail flotation that they could sell the postal business for £10bn, around two and a half times more than the government finally …

McDonald's is denying that its human resources group promotes the use of food stamps to workers who say they are not paid enough.         More: continued here