SAN FRANCISCO — EBay Inc. said that even as third-quarter net income dipped 29 percent, its revenue rose largely because more people and merchants are using PayPal to pay for things online. More: continued here

The Royal Mail strike will begin at midnight tonight after talks broke down between postal workers’ leaders and management. More: continued here

Oct. 21 (Bloomberg) — EBay Inc. , the most visited U.S. e-commerce site, reported a 29 percent drop in profit after acquiring Bill Me Later and shifting into faster-growing but less-lucrative businesses. More: continued here

Three states said Tuesday they plan to sue FedEx Corp., accusing the second-largest U.S. package delivery company of violating labor laws by illegally classifying drivers as independent … More: continued here

Business Diary: Plane Stupid gatecrash the PR partyIndependentThe entrepreneurial folk at BT have been using the publicity around the strike at Royal Mail as the perfect opportunity to step up marketing of their email … More: continued here

The number of people who use food stamps are at the highest in the history of the program, according to the US Department of Agriculture. More: continued here

A last ditch attempt to avoid two planned 24-hour strikes by postal workers will be made on Wednesday as Royal Mail bosses resume talks with union leaders. More: continued here

EBay said Tuesday that even as third-quarter net income dipped 29%, its revenue rose largely because more people and merchants are using PayPal to pay for things online. More: continued here

Chicago’s behemoth old post office was sold Wednesday to Liverpool developer Bill Davies for an undisclosed sum, according to the U.S. Postal Service. More: continued here

US HOT STOCKS: EBay, Macerich Active In Late TradingWall Street JournalEBay's third-quarter profit fell 29% despite higher revenue as margins took a hit from recently acquired Bill Me Later business, the weaker US dollar and …and more » More: continued here