The Reno City Council approved a new agreement to buy the downtown post office for $5.1 million but whether the deal can close Sept. 16 depends on maintenance and operating costs. More: continued here

CHICAGO—-Zacks Equity Research highlights CDC Corporation as the Bull of the Day and Overstock.com the Bear of the Day. In addition, Zacks Equity Research provides analysis on ExxonMobil , Royal Dutch Shell and Valero . More: continued here

RENO, Nev. (AP) – The Reno City Council has approved an agreement to buy the downtown post office, but the $5.1 million deal is far from certain. The council’s action will allow the city to proceed with environmental assessments and inspections of the 77-year-old structure along the Truckee River. More: …

Some Metro Post Offices May CloseKCCI.comPost office branches like this one in Park Fair Mall might be on the chopping block as the USPS looks to cut costs. "Right now, we're under study. …and more » More: continued here

A cautious forecast from FedEx Corp. and a downgrade of 18 banks from a credit rating agency are giving investors new reasons to worry about the economy. More: continued here

Zacks Bull and Bear of the Day Highlights: CDC Corporation, Overstock.com, ExxonMobil, Royal Dutch Shell and Valero More: continued here

POSTAL workers in the region are likely to follow other Royal Mail employees with strike action later in the month. More: continued here

Telegraph.co.uk Debating the Public Healthcare OptionU.S. News & World ReportIt's the equivalent of a taxpayer revolt on the prices of stamps. The government lowers the price of stamps and then creates extra taxes to subsidize the …Call long and hard for Obama health reformElmira Star-Gazetteall 6,181 news articles » More: continued …

The Reno City Council today approved a new agreement to buy the downtown post office for $5.1 million but whether the deal can close Sept.16 depends on maintenance and operating costs. More: continued here

eBay Responds to Hearing Before Second Circuit Court of AppealsPR Newswire (press release)SAN JOSE, Calif., July 16 /PRNewswire/ — Today the Second Circuit Court of Appeals heard Tiffany's appeal from last year's victory for eBay in the Southern …and more » More: continued here