Postal company Royal Mail valued at £5bn in JuneFinancial TimesRoyal Mail was valued by investment banks at up to £5bn in June, 50 per cent more than the price at which the UK postal operator was sold to the public a week ago. The revelation will intensify criticism of the …

MOUNT AUBURN — Residents of this small Christian County community now have a new place to buy stamps and mail a letter. More: continued here

LONDON: Britain's Royal Mail was valued by some investment banks 50 per cent higher than last week's public sale price, a newspaper reported. In a report on Saturday, the Financial Times said Royal Mail was valued by banks not involved in the sale at up STG5 billion (RM25.5 billion) in …

The Guardian Ebay Founder Plans $250-Million Media VentureNewsmax.comOmidyar, who is chairman of the board at eBay Inc. but not involved in day-to-day operations, has numerous philanthropic, business and political interests, mainly through an investment entity called the Omidyar Network. Forbes pegged the 46-year-old …Pierre Omidyar: from eBay to crusading journalism?The GuardianPierre …

EBay 3Q earns top views; revenue missesLas Vegas SunEBay says its third quarter profit grew 15 percent as revenue rose, thanks to increasing mobile transactions in its online marketplaces eBay and StubHub and growth in the number of people using its PayPal payments processor. In the quarter through …and more » More: …

The Guardian Royal Mail shares: Vince Cable defends flotation price as shares hit 500pThe GuardianVince Cable has written to MPs to defend the pricing of the Royal Mail flotation as shares in the postal service closed above 500p at the end of their first full week of trading, representing a …

US Postal Service still ponders fate of downtown officeVictoria AdvocateNo decision has yet been made when it comes to the possibility of closing the downtown office, 312 S. Main St., and combining operations with the James Moody Station office, 2804 Sam Houston Drive, said Sam Bolen, a U.S. Postal Service …

Midway through the fourth quarter of Friday’s game, Fred Stamps stretched out for a pass in the end zone. The touchdown fireworks went off as the ball ricocheted harmlessly into the northwest corner of Commonwealth Stadium. More: continued here

Cuts in food stamps have pantries preparing for increased needScranton Times-TribuneAs food stamps decrease, area food pantries are ready to see the already-high demand for services increase even more. "Even at this point in time, people can't stretch their food stamps until the end of the month," said Sister Ann …

The Guardian Pierre Omidyar: from eBay to crusading journalism?The GuardianWith enough money to make an impact in pretty much any sphere he chooses, the eBay billionaire last week made a splash in an area that is increasingly attracting the attention of tech titans: news. Journalist Glenn Greenwald announced that he …