A witness says a gunman who opened fire at a FedEx center outside Atlanta was armed with an assault rifle, a knife and had bullets strapped across his chest 'like Rambo.' More: continued here
Read More »EBay Takes $3 Billion Repatriation Charge, Beats Earnings
NEW YORK (TheStreet) – EBay beat a conservative first-quarter earnings guidance after it settled a very public two-and-a-half-month battle with billionaire activist investor Carl Icahn. However, the company took a $3 billion tax-related charge to earnings that may cloud strong first quarter operational performance at the e-commerce giant in a …
Read More »EBay Reports Big Loss Despite PayPal Growth – Wall Street Journal
Wall Street Journal EBay Reports Big Loss Despite PayPal GrowthWall Street JournalFor the first quarter, eBay reported a loss of $2.33 billion because of a tax charge of about $3 billion. The charge is from the repatriation of $6 billion in foreign earnings. The company said the move is aimed …
Read More »Cable defends Royal Mail sale price
The UK Business Secretary, Vince Cable, stands by the initial pricing of Royal Mail shares, as he gives evidence to a parliamentary committee. More: continued here
Read More »Food stamp eligible Easter basket causes controversy – WGME
WGME Food stamp eligible Easter basket causes controversyWGMESTATEWIDE (WGME) – Some lawmakers here in Maine and in Washington are pushing to change what food stamp recipients can buy with the program's benefits. We started looking into the issue after we got a picture from a viewer of an Easter basket …
Read More »British Parliament Berates Officials on Royal Mail I.P.O.
Both Conservative and Labour ministers attacked Vince Cable, the British business secretary, saying the initial public offering left as much as 1.2 billion pounds on the table. More: continued here
Read More »HP's Meg Whitman: My big blunder at eBay
Missing out on the huge Internet market of Japan marked one of Meg Whitman's biggest blunders, the No. 18 name on CNBC's First 25 list said. More: continued here
Read More »Suspicious package causing evacuations at Roanoke County post office – WDBJ7
Suspicious package causing evacuations at Roanoke County post officeWDBJ7Suspicious package causing evacuations at Roanoke County post office. POSTED: 08:00 PM EDT Apr 28, 2014 UPDATED: 05:36 PM EDT Apr 29, 2014. Small Text; Medium Text; Large Text. Print; Email. Tweet. Brookside Plaza in Roanoke has been … More: continued here
Read More »EBay Faces Big Tax Bill for Bringing Cash Back to US – Wall Street Journal (blog)
EBay Faces Big Tax Bill for Bringing Cash Back to USWall Street Journal (blog)EBay took the unusual step of bringing some of its foreign-held cash back to the U.S., and with it a hefty $3 billion tax bill. The company said repatriating the cash gives it “greater U.S. financial flexibility,” …
Read More »MPs tear into Cable over Royal Mail – expressandstar.com
MPs tear into Cable over Royal Mailexpressandstar.comMPs have torn into Business Secretary Vince Cable and his ministerial colleague Michael Fallon as they insisted the Royal Mail privatisation had been a success and they had no regrets over the controversial sell-off. Business Secretary Vince Cable has … More: continued here
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