PayPal president Scott Thompson’s departure to run Yahoo took a lot of people by surprise (although not Kara Swisher, natch). That includes EBay’s chief executive, John Donahoe. Donahoe dispatched an email to PayPal employees Wednesday morning, saying Thompson told him… More: continued here

Powell got post office in 1857ThisWeekNewsBy Carole Wilhelm I hope everyone living in this area knows that Powell was named for Judge Thomas Powell of Delaware, who was successful in getting the town's first post office in 1857. The Powell Post Office file at the Powell Liberty Historical … More: …

Shares of eBay Inc. fell Wednesday after the president of its PayPal business, Scott Thompson, was named CEO of struggling Internet company Yahoo Inc.THE SPARK: Thompson starts at Yahoo on Jan. 9, replacing … More: continued here

As John Donahoe, eBay’s chief executive, put it last October, “PayPal’s target market is all of e-commerce,” whereas, “eBay is just one merchant.” Mr. Donahoe said he would serve as interim president of PayPal until the parent company could find a replacement. More: continued here

Moneycontrol.com Yahoo's Gain Is eBay's LossNew York Times (blog)By NICOLE PERLROTH | January 4, 2012, 2:30 pm PayPal has been eBay's main growth driver since Mr. Thompson took PayPal's helm in 2008. Under his leadership, PayPal expanded its user base to 104 million active users from 50 million, increased its …

More Royal Mail services to become subject to VAT in April 2012TameBayby Dan Wilson The price of using numerous Royal Mail services will rise in April 2012 when changes to the VAT law come into effect. Some Royal Mail services became subject to VAT in 2011, but from April all …

Dow average ekes out a 21-point advance a day after big rally; a strong …Washington PostYahoo Inc. fell 3.1 percent after the company named Scott Thompson, president of eBay Inc.'s PayPal division, as CEO — its fourth in five years. Yahoo has been without a permanent CEO since firing Carol …

HNN Huntingtonnews.net Rahall Says Postal Service Must “Go Back to the Drawing Board” on Post Office…HNN Huntingtonnews.net“The Postal Regulatory Commission was blunt in its assessment of the Postal Service's closure process – citing unreasonable assumptions about cost savings and an insufficient focus on the needs of communities where post offices …

Number of North Dakotans using food stamps dropsCanadianBusiness.comBy AP | January 04, 2012 BISMARCK, ND (AP) — The number of North Dakotans using food stamps to buy groceries dropped 2 percent in the last month of fiscal 2011, while the state's population swelled to an all-time high spurred by a …

Stocks Open Quietly Lower; eBay Tumbles, Team ClimbsInvestor’s Business DailyE-commerce giant eBay (EBAY) slumped more than 5%, hauling the Nasdaq 100 lower. The loss follows Yahoo's (YHOO) announcement that it would name Scott Thompson as its new chief executive. Thompson had been president of eBay's online payments unit, …Technology Business: …