Almost half a million Royal Mail staff past and present have been warned that their pensions could be halved if the plan to privatise part of the business does not go ahead. More: continued here

Jail terms for Ashtead post office robbersGet Surrey, UKBy Rebecca Younger A GANG of robbers who raided a post office in Ashtead and sped away from the scene with more than £10000 have been put behind bars. Tyrone Jones, 18, from Brixton, Adrian Jones, 30, from Hammersmith, and Fidel Simpson, 18, …

FedEx Corp. Chief Executive Fred Smith says that U.S. reliance on foreign oil is the biggest threat to the nation’s economy after terrorism. More: continued here

Metro Royal Mail faces pension perilMetro, UKThe Royal Mail pension fund deficit is much larger than the £5.9billion thought, it was claimed yesterday. In a letter seen by the BBC, the chair of trustees, Jane Newell, warned the only way to save the fund was by selling part of the business. …

The Government faces anger from Labour MPs and union leaders after it was revealed a Bill to sell off part of the Royal Mail is to be introduced into Parliament on Thursday. More: continued here

In a twist to the U.S. housing crisis, a family that has been living in a home built inside a cave in suburban St. Louis has put it up for sale on eBay. More: continued here

Dosal Tobacco relies on a network of five distributors to deliver its cigarettes to retailers in Florida. But Dosal also has operates two distribution companies. Dosal, under its distributor permit in Florida, purchases excise tax stamps to place on cigarette packs it distributes. The packs are then sold to businesses …

A community on Skye that took over its petrol station will now also run the local post office. More: continued here

Washington sends $1 food stamp checks to 250000Seattle Post IntelligencerThe state of Washington sent out $1 checks to the 250000 food stamp recipients in the state. The director of the Community Services Division for the Department of Social and Health Services, Leo Ribas, says the checks mailed Feb. … More: …

Government pushes ahead with Royal Mail sell-off despite Labour rebellion More: continued here