DOT throws wrench at Cheshire post office planNew Haven Register (subscription), CT –2 hours agoBy Luther Turmelle, North Bureau Chief CHESHIRE — The state Department of Transportation could pose the latest road block to a new post office in town. … More: continued here

eBay said it will reduce about 1,000 positions. The company said it plans to acquire the U.S.-based online payments business Bill Me Later for about $820 million in cash and about $125 million in outstanding options. More: continued here

We hope they'll think again about closing our post officeWorcester News,  UK –4 hours agoBy Lucy Tatchell » HUNDREDS of Worcester pensioners have written to local councillors telling them why their local post office should not close. …COMMENT: Deadline is looming for post officesWorcester Newsall 2 news articles More: continued here

EBay Inc. said on Monday it will cut about 1,000 employees, reducing its work force by about 10 percent. The online auction site also said it will get rid of several hundred temporary workers and reduce open positions. EBay said the reductions would… More: continued here

Movers: Wells Fargo, Wachovia, Citigroup, ImClone, eBayBusinessWeek –13 minutes agoEBay (EBAY) expects to hit the low end of its third quarter revenue guidance, exceed GAAP and non-GAAP EPS guidance. Separately, eBay acquires US-based … More: continued here

Oct. 6 (Bloomberg) — EBay Inc. , which has almost doubled its staff since 2005, will cut 10 percent of jobs as sales growth slows and competition intensifies. More: continued here

EBay Inc plans to cut its workforce by 10 percent and expects to exceed its third-quarter earnings forecast, the online auction Web site said on Monday as its shares rose nearly 2 percent in pre-market trading. More: continued here

If you’re looking for insight into the global economy, Fred Smith is a pretty good place to start. As CEO of Memphis-based package-delivery giant FedEx, he oversees an army of some 290,000 workers who collectively move 7.6 million parcels daily to more than 220 countries. More: continued here

Final bid to save city post officeHereford Times, UK –5 minutes agoBy Paul Broome » WORRIED residents are this morning making an eleventh hour attempt to rescue a Hereford post office earmarked for closure. … More: continued here

Nancy Baughman, CEO, eBizAuctions “The downturn in the economy has been both good and bad for my business. As an eBay consignment seller, I have had an increase in my customer base since more people are seeking a way to make extra cash. However, the sale prices on eBay are …