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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 …

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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: …

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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. …

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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: …

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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 …

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