Package delivery giant FedEx Corp reported a higher profit for its fiscal second quarter, meeting expectations, but offered a grim view of the economy in 2009 and said it is taking action to cut costs. More: continued here

FedEx reported higher quarterly earnings and revenue, but said Thursday that it has been challenged by poor economic conditions during the second quarter ending November 30th. More: continued here

Playbill.com BC/EFA Offers HAIRSPRAY Final Performance 'Extraordinary eBay' AuctionBroadway World, NY –5 hours agoThe producers of this landmark musical have generously donated a pair of orchestra seats to be auctioned on ebay with the proceeds to benefit Broadway Cares …Hairspray Final Performance Package to Benefit BC/EFAPlaybill.comall 2 news articles More: continued here

MANITOWOC Former postmaster Tony Yaggie has returned to his roots, developing a Monopoly-style board game promising enjoyment irrespective of rain, snow, heat or gloom of night. More: continued here

Royal Mail has welcomed the move to change postal regulator from Postcomm to Ofcom. The postal operator says the Government’s decision to implement change reflects the reality of the marketplace, which is increasingly switching away from mail to electronic communications. More: continued here

Thousands of letters addressed to Santa Claus were sent to the main post office in Pembroke Pines. Children asked for everything from TVs to trampolines. More: continued here

How snotty: Scarlett Johansson blew her nose on a tissue, and now the tissue is being sold on eBay. More: continued here

NEW YORK — FedEx Corp. on Thursday announced more broad cost cuts _ including salary reductions _ as deteriorating economic conditions continue to drag down demand, warning the outlook for 2009 remains murky. More: continued here

Public sector this week: Royal Mail; Pension overpayments by XafinityTimes Online, UK –28 minutes agoUp to 50000 jobs could be lost in a partial privatisation of the Royal Mail, unions cautioned. Ministers were said to be considering a report that … More: continued here

Going once… Scarlett Johansson is putting her old tissue on eBay for charity. During her appearance on Wednesday’s The Tonight Show With Jay Leno, she complained that she caught a cold from her Spirit costar Samuel L. Jackson. The cold was the result of the convergence of two big stars, …