Software engineers in Bangalore will work on PayPal and other projects. EBay Inc. said this week it will open a development center in Bangalore, India’s information technology hub, where up to 1,000 technology professionals will work within three years—including employees attached to eBay Marketplaces and PayPal . In India , …

CBS Local Kobe Bryant Broken-Nose Mask Sells for $67100 in Online AuctionBusinessWeekThe clear mask, autographed by the 33-year-old-guard, fetched the winning bid in an EBay Inc. (EBAY) (EBAY) auction that ended yesterday, company spokeswoman Amanda Miller said in a telephone interview. All of the money will go to the Kobe …

Postmaster General Patrick Donahoe said the mail agency was reversing its plan to close up to 3,700 low-revenue post offices sometime after May 15. Instead, the agency will whittle down full-time staff but maintain a part-time post office. More: continued here

A memorial for Lance Cpl. Zach Smith was unveiled outside the Hornell post office on Memorial Day 2011. More: continued here

Thousands of Rural Post Offices Will Stay OpenKTVNMore >> The Postal Service is backing off of its plan to close as many as 3700 low-revenue post offices sometime after next week. Postmaster General Patrick Donahoe, citing strong community opposition, now saysMore >> Murder charges have been filed …and more » More: …

FedEx vs. UPS: Pairs Trading with these Two Shipping Stocks More: continued here

USPS' previous plan to cut thousands of branches is being reconsidered The U.S. Postal Service is backing off a previous plan to close thousands of post offices, and will instead cut hours at 13,000 rural facilities in an effort to save $500 million a year. More: continued here

Food stamps get boost at farmers marketsWestern Farm PressUSDA grants to the tune of $4 million will provide SNAP participants greater access to fresh and healthy food, while supporting American farmers and local economies. USDA announced awards to help states expand availability of wireless technology in … More: continued here

US Postal Service to keep rural post offices openWAOWMore >> The US Postal Service says it will keep hundreds of rural post offices open with shorter hours. This will save the mail agency half a billion dollars each year. They are addressing concerns of rural residents opposed to post office …

Rural post offices won't get the axDelmarva Daily Times17, 2011 photo shows the local post office in Markham, Va. The financially struggling US Postal Service sought Wednesday, May 9, 2012 to tamp down concern over wide-scale cuts, revealing it will seek to keep thousands of rural post offices open with …