EBay's recent bout with activist Carl Icahn seems to have convinced the e-commerce company's leadership team to think big—even if it comes with a big price tag. No stranger to acquisitions big and small, eBay effectively broadcast its intentions to again go shopping by saying it would repatriate about $9 billion in profits held outside…
Wall Street Journal EBay's Play to Pay for More PalsWall Street JournalNo stranger to acquisitions big and small, eBay effectively broadcast its intentions to again go shopping by saying it would repatriate about $9 billion in profits held outside the U.S. That entailed it taking a $3 billion charge against first-quarter … More: continued here
The Independent Royal Mail sell-off: Portraits of financial power – the funds that made a fortuneThe IndependentThird Point. Billionaire investor Dan Loeb, the founder of Third Point, is known as one of the most ruthless hedge-fund investors in the world. So ruthless that even the mild-mannered George Clooney has attacked his actions against Hollywood studios….
Clayton child sleeping on school bus found by post office mail carrierNJ.comCLAYTON — A district bus driver and aide are facing disciplinary action from the Clayton School District after a 5-year-old was left unattended, sleeping on a school bus last Friday. According to Clayton Police Sgt. Mark Connick, an unnamed Herma … More: continued here
THE POST Office have confirmed plans to modernise and invest in Bodelwyddan Post Office. More: continued here
Urban Artisans: How Casey's Stamps in NYC's East Village Preserved a Lost …Complex.comJ.C. Casey, owner of Casey's Stamps, avoids getting sentimental about his craft. His shop is wonderfully unfussy. The shelves are haphazardly lined with stamps of every imaginable variety; his desk is obscured with loose papers and old coffee cups. More: continued here
Washington Post (blog) Old Post Office building sees dreary final daysWashington Post (blog)On the last day open to visitors at Washington's Old Post Office Tower Wednesday, a pair of building workers were the first two people up a glass-walled elevator, way ahead of the tour groups and history buffs looking for their last chance to…
Report: Inmates, dead people sent food stamps and welfare benefitsKPHO PhoenixThe Auditor General's Office compared names, social security numbers and birth dates, of those on the state's food stamp and welfare programs, with the Department of Corrections' inmate records. Nearly 14,000 names matched. But, we don't know how …Report: Ariz. provided food stamps to incarcerated, deadArizona…
Telegraph.co.uk Royal Mail row: 'priority investor' Lazard sold shares after a week for an £8m …Telegraph.co.ukThe row over Royal Mail has been inflamed after it emerged that Lazard Asset Management, the investment arm of the Government's adviser on the historic privatisation, was one of the 16 “priority” investors in the flotation. Lazard Asset Management was …Privatization…
The Independent Royal Mail sell-off: Vince Cable on the run as MPs attack carve-upThe IndependentPressure on the Government over the botched Royal Mail sell-off intensified on Monday as more hedge funds were unmasked as key investors in the flotation and the chairman of a committee of MPs condemned the “corporate masonic lodge” that profited at ……