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The government feared ‘failing’ over the controversial sell-off and received poor advice, according to the Business Select Committee. More: continued here

Express.co.uk Taxpayers lose £1bn after Government followed poor advice in controversial …Express.co.ukAn investigation by an influential committee of MPs into the privatisation ruled the Government set the opening share price of Royal Mail too low because it was worried it would not attract investors. The report, produced by the Business, …

ChannelAdvisor Says Amazon June Comps Up 34%, eBay Up 12%BenzingaMeanwhile, Wingo said same-store comps for eBay Inc. (NASDAQ: EBAY) grew 12.3 percent in June, up from 11 percent in May. The figures suggest eBay is recovering a data breach and Google Panda problems, Wingo said. eBay auctions were down 19 …and …

At the shipping giant's Package Lab in Memphis, it puts boxes through a very rough time — so it can tell you how to protect what's inside. CNET Road Trip 2014 watched the package torture. More: continued here

WHKY Rhodhiss Post Office to Remain Open; Cut HoursWHKYAccording to published reports, the Town of Rhodhiss is cutting hours at its Post Office. The Rhodhiss Post Office will remain open, but hours for the front counter will be cut from 44 to 26 hours a week. There is no door-to-door …

Residents meet to keep the Seagrove post officemyfox8.comSEAGROVE N.C. — Residents in the town famous for handmade pottery packed the town library Thursday night to discuss ways of keeping their post office open. With more people turning to the internet for communication, the U.S. Postal Service lost $5 … More: …

Taxpayers have lost £1 billion over the privatisation of Royal Mail because the Government underestimated demand for shares, a committee of MPs has reported. Ministers were accused of being afraid to fail over the controversial sell-off last year, and of receiving "poor quality" advice. The Business Select Committee said taxpayers …

Parliament's BIS committee lashes out at controversial privatisation of comms firm Royal Mail. More: continued here

MP: Signs of high demand 'before Royal Mail sale'ITV NewsThere were indications before the sell-off of Royal Mail began of demand "really taking off", according to the chair of the business, innovation and skills select committee. Labour's Adrian Bailey dismissed claims criticism of the sell-off was all in … More: …

SEAGROVE N.C. — Residents in the town famous for handmade pottery packed the town library Thursday night to discuss ways of keeping their post office open. With more people turning to the internet for communication, the U.S. Postal Service lost $5 billion last year alone and many small town post …