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Food stamps’ $80 billion secret spending program

Even as the economy expands and adds jobs four years into the nation's recovery, the explosive growth of food stamps remains a lingering legacy of the recession. The House on Thursday sought to reduce the federal spending level, voting to cut $39 billion over the next decade. More: continued here

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EBay 'to Spin Off PayPal as Early as 2015'

US ecommerce giant eBay is planning to spin off its payment processing subsidiary PayPal as early as 2015, according to tech news website The Information. The website citing sources reported that eBay hinted at the plan to potential candidates for the position of PayPal CEO. The company is looking to …

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