Package delivery company FedEx Corp on Thursday reported a higher-than-expected third-quarter net profit but forecast fourth-quarter results below estimates, citing soaring fuel prices and slowing U.S. economic growth. More: continued here

A strange scene at a normally quiet Westend post office caught customers and employees by surprise. It was a deer that had somehow managed to walk through two sets of sliding glass doors and into the customer service area. More: continued here

SOUTH Wales Labour MPs this morning defended their decision not to back a Conservative plan to shelve post office closures. More: continued here

March 20 (Bloomberg) — FedEx Corp. said profit fell for the second straight quarter and would decline in the current period as soaring fuel costs and an economy teetering on the brink of recession reduced demand for U.S. package shipping. More: continued here

EBay, the San Jose-based online consumer-products marketing site, has laid off 125 employees – about 70 of them in the Bay Area – said company spokesman Jose Mallabo. More: continued here

Newbury Weekly News Group Confidential post dumped in streetNewbury Weekly News Group, UK –5 hours agoRoyal Mail spokesman Richard Hall said the company took security breaches very seriously. He said: “We’d like to thank the customer for keeping the mail… More: continued here

The Vzaar video service for eBay has had a revamp, and now allows longer videos and an increased monthly transfer limit of 1GB. The brainchild of former eBay employees, Vzaar allows users to insert video into their listings, increasing buyer protection. More: continued here

(Corrects that third-quarter profit exceeded estimates in fourth paragraph.) March 20 (Bloomberg) — FedEx Corp. said profit fell for the second consecutive quarter and forecast a drop in the current period and “limited earnings growth next year.” More: continued here

FedEx Corp on Thursday reported a higher-than-expected third-quarter net profit, but gave a low outlook for the current quarter citing soaring fuel prices and slowing U.S. economic growth, sending the package delivery company’s shares down more than 2 percent. More: continued here

eBay has decided to restructure and downsize. Don Reisinger believes eBay is in serious trouble and must do something quickly if it wants to survive. More: continued here