The 115-year-old federal building at the corner of 12th Street and Pennsylvania Avenue is scheduled to be converted into a mixed-use development including restaurants, a spa, conference space and a luxury hotel. The federal government's General Services Administration signed a $200 million, 60-year lease agreement deal for the building with …
Read More »Former eBay exec charged with insider trading – Philly.com
Philly.com Former eBay exec charged with insider tradingPhilly.comA former eBay executive was charged Friday with criminal and civil insider-trading violations tied to the auction website's 2011 acquisition of a King of Prussia-based e-commerce firm. Federal authorities allege Christopher Saridakis, 45, of Greenville … More: continued here
Read More »Why Is the Post Office Buying Bullets? – Businessweek
GovExec.com Why Is the Post Office Buying Bullets?BusinessweekAs if the U.S. Postal Service didn't already have enough to worry about, it has now become the target of gun enthusiasts, who are accusing the agency of stockpiling ammunition as part of a broader government plot to deprive Americans of their liberties.Post …
Read More »FedEx sued over deadly California bus crash
LOS ANGELES (AP) — The mother of a 17-year-old honors student who was among 10 people killed in a fiery Northern California bus crash sued FedEx on Tuesday, alleging that its trucks have a history of catching fire. More: continued here
Read More »Royal Mail shares demand outstrips supply
Huge interest among members of the public will hit institutional investors, but hundreds of staff refuse allocation of free shares Dozens of banks, hedge funds and other institutional investors will be prevented from buying any Royal Mail shares as demand for stakes in the privatisation hugely outstrips supply. Institutional investors …
Read More »Stamps.com First Quarter 2014 Financial Results Call Invitation
Stamps.com® , the leading provider of USPS® postage online and shipping software to approximately 500,000 customers, today announced an invitation to join the Stamps.com First Quarter 2014 Financial Results … More: continued here
Read More »Royal Mail shares: hedge fund takes biggest private stake
TCI's 5.8% slice of Royal Mail shares fuels criticism of Vince Cable over 'fire sale' as Labour says small investors let down A hedge fund known for its aggressive investment strategy has become the largest private shareholder in Royal Mail, re-igniting anger over Vince Cable's controversial privatisation of the postal …
Read More »Royal Mail share price: Privatisation faces fresh scrutiny – iNVEZZ
Royal Mail share price: Privatisation faces fresh scrutinyiNVEZZiNVEZZ.com, Thursday, April 24: Royal Mail's (LON:RMG) IPO process will come under fresh scrutiny from MPs next week when bankers from UBS and Goldman Sachs – which handled the postal services group's privatisation – are summoned to give … More: continued here
Read More »U.S. alleges insider trading in eBay deal
WASHINGTON/NEW YORK (Reuters) – The U.S. government on Friday filed criminal and civil charges accusing a former executive of insider trading in advance of eBay Inc's (EBAY.O) purchase of his e-commerce company. The case against Christopher Saridakis, 45, is also notable because it marks the first time the U.S. Securities …
Read More »Owners of historic downtown Modesto post office building set for civil trial … – Modesto Bee
Modesto Bee Owners of historic downtown Modesto post office building set for civil trial …Modesto BeeDeveloper Peter Janopaul III wants to convert the old El Viejo Post Office at 12th and I streets in downtown Modesto into 10 three-story lofts and a penthouse for residential use. Each of the 10 …
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