US online giant eBay agreed to pay $3.75 million to settle allegations it colluded with other Silicon Valley technology firms not to "poach" each other's employees, officials said Thursday. In deals struck with the US Department of Justice and the California attorney general's office, the online commerce titan also promised …
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The Guardian Royal Mail sale sparked legitimate controversy, says Nick CleggThe GuardianNick Clegg has admitted there is legitimate controversy over the sale of Royal Mail and said it was right to have intense scrutiny over the deal overseen by the Lib Dem business secretary, Vince Cable. The deputy prime minister …
Read More »eBay joins Apple, Google and Intel in settling anti-hiring cases
In one of the cases, eBay will agree to pay California $3.75 million. More: continued here
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NEW YORK (TheStreet) — Stamps.com stock is plummeting Thursday after the postage retailer missed expectations for its first-quarter earnings and revenue. By late afternoon, shares had tumbled 16.4% to $29.01. Net income of 50 cents a share fell short of estimates by 4 cents, according to analysts surveyed by Thomson Reuters. Revenue …
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The U.S. Postal Service has finalized its decision to close and sell its main post office building at 424 S. Kansas Ave. in downtown Topeka. More: continued here
Read More »Ebay agrees to settle DOJ case on poaching – CNBC.com
CNBC.com Ebay agrees to settle DOJ case on poachingCNBC.comThe online auction company eBay has settled a lawsuit with the U.S. Justice Department by agreeing to refrain from making deals with other technology companies to not poach employees, according to court papers filed on Thursday. In the lawsuit, which …EBay Agrees …
Read More »Royal Mail sale a ‘£1bn rip-off’ for taxpayers – Herald Scotland
Royal Mail sale a '£1bn rip-off' for taxpayersHerald ScotlandSTANDARD Life, billionaire George Soros and the Abu Dhabi Investment Authority were among the 16 investors given preferential treatment in the controversial Royal Mail privatisation, the Coalition has revealed, as Labour accused it of a £1 billion … More: continued here
Read More »Police: Motive of FedEx shooter may remain unknown
ATLANTA (AP) — Investigators may never know what motivated a FedEx employee to shoot six co-workers at a suburban Atlanta sorting center before fatally shooting himself, a police spokesman said Thursday. More: continued here
Read More »Royal Mail Group reports highest funded pension plan of FTSE 100 companies – Pensions & Investments
Pensions & Investments Royal Mail Group reports highest funded pension plan of FTSE 100 companiesPensions & InvestmentsThe Royal Mail Group, London, had the best-funded pension fund of all FTSE 100 companies as of Dec. 31, at 133%, according to research by JLT Employee Benefits. The consultant analyzed the funding position …
Read More »EBay settles with U.S. over pact to not poach employees
By Diane Bartz WASHINGTON (Reuters) – The online commerce company eBay Inc has agreed to refrain from making deals with other technology companies to not poach each others' employees and by doing so limit workers' access to better jobs, U.S. authorities said on Thursday. EBay had been accused by the …
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