New York Times EBay to Spin Off PayPal, Adopting Icahn's StrategyNew York TimesPayPal was the focus of a lengthy battle between eBay and Mr. Icahn, who demanded a spinoff of the unit as a way to generate value for shareholders. Such a move, the hedge fund billionaire contended, would highlight …
Read More »NYCC 2014: Limited Edition Batman Stamps On The Way – Bam! Smack! Pow!
Bam! Smack! Pow! NYCC 2014: Limited Edition Batman Stamps On The WayBam! Smack! Pow!As USA Today reports, the Dark Knight is going to be on his own limited edition set of “Forever” stamps (meaning they can be used even when postage rates increase in the future) issued by the U.S. …
Read More »EBay follows Icahn’s advice, plans PayPal spinoff in 2015 – Reuters
Reuters EBay follows Icahn's advice, plans PayPal spinoff in 2015Reuters(Reuters) – EBay Inc (EBAY.O) plans next year to spin off PayPal, its fast-growing payments business, giving in to activist investor Carl Icahn's argument for a leaner company better equipped to compete in the competitive mobile payments market. EBay's … More: continued …
Read More »eBay And PayPal To Split Into Two Separate Companies – TechCrunch (blog)
eBay And PayPal To Split Into Two Separate CompaniesTechCrunch (blog)eBay and PayPal are going their separate ways, with the payments company moving out from under the eBay umbrella to form its own, publicly-traded company. The move follows a strategic review conducted by eBay, Inc. and its Board of Directors, and …
Read More »EBay to Split Off PayPal as Mobile Payments Gain Ground – Bloomberg
Bloomberg EBay to Split Off PayPal as Mobile Payments Gain GroundBloombergEBay Inc. (EBAY), the world's biggest online marketplace, said it would split off its payments arm PayPal, finally bowing to pressure from activist shareholder Carl Icahn after nine months. EBay and PayPal will become independent companies in 2015 … More: …
Read More »Small post offices to cut hours
Beginning Monday, the post office on Route 202 in Winthrop will reduce its hours and a familiar face will be stepping away from the counter. David Shepherd has spent 35 years working for the U.S. Postal Service, the last 12 serving as the postmaster for the office in East Winthrop. …
Read More »Small post offices to cut hours – WMTW Portland
Small post offices to cut hoursWMTW PortlandRural post offices in Maine are going through a transition. In 2012, the Postal Service released what it called the “Post Plan,” which will cut windows at rural post offices as an alternative to closing them. Starting next week, more than 200 post… More: …
Read More »Post Office hiring 170 seasonal positions in CLE
The United States Postal Service announced on Tuesday it is looking to hire 170 seasonal positions in Cleveland. More: continued here
Read More »Factbox – EBay CEO's comments since January on PayPal spinoff
(Reuters) – EBay Inc agreed on Tuesday to spin off its payments unit, PayPal, in the second half of 2015, after rebuffing activist investor Carl Icahn's proposal in January. Following are comments by eBay Chief Executive John Donahoe on PayPal spinoff since then: Jan. 22 – During fourth-quarter earnings call …
Read More »eBay to split off PayPal online payment business – BBC News
BBC News eBay to split off PayPal online payment businessBBC NewsE-commerce site eBay is planning to split off its payments system PayPal into a separate company. News of the move, which is expected to be completed in the second half of 2015, sent eBay's shares 7% higher. It is a …
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