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
Financial Post EBay Inc considering spinning off PayPal as early as next year, report saysFinancial PostA PayPal spinoff would mark an about-face for the company. EBay CEO John Donahoe has resisted demands by activist investor Carl Icahn to hive off the payments service, saying PayPal was integral to eBay's business — and vice versa —…
Taking the federal oath of office is getting to be old hat for Novato’s Alberta Ellis. More: continued here
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 replace David Marcus, who resigned…
Biz Break: eBay now considering PayPal spinoff, report suggests, boosting stockSan Jose Mercury NewsToday: A report from The Information contends eBay is telling some PayPal job candidates that he company may be spun off, pushing stock higher. Also: Earnings reports from Silicon Valley software companies Salesforce and Intuit. The Lead: eBay now … More: continued here
Postmaster delivers news that Dennison post office will remain openNew Philadelphia Times ReporterOf those, 348 wanted to see a realignment of hours, 15 wanted a delivery option, four wanted to have a local business serve as a village post office, 23 wanted to have a post office box service at a nearby post office and…
Hours to be reduced at Ruffsdale post officeTribune-ReviewAbout a dozen local residents gathered in the small lobby of the Ruffsdale post office earlier this week, where a Postal Service operations manager discussed the pending reduction of hours. Nearby post offices in Hunker, Tarrs and Wyano have or soon … More: continued here
Ebay ponders spinning off PayPal in long overdue moveSan Francisco Business Times (blog)Ebay is telling candidates for the PayPal CEO post that the unit could be spun off as soon as early next year, the Information website reported Thursday. The report sent eBay's stock up 4 percent in mid-day trading in New York, where the…
Problems in NJ food stamps program put funds at riskVineland Daily JournalTRENTON – New Jersey takes so long to process low-income residents' applications for food stamps that the federal government has warned it will lose federal funds unless things improve. Millions of dollars for administrative expenses could be in jeopardy.Problems in NJ's food stamps program…
EBay rises on report of possible PayPal spinoff next yearNorthJersey.comEBay Inc. rose as much as 6.8 percent after The Information reported the company could spin off its payment unit as soon as next year. The world's biggest online marketplace has been telling potential candidates for the top position at PayPal that it's … More: continued here