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PALM SPRINGS — FedEx is planning a massive distribution center in Palm Springs capable of sorting thousands of packages a day and eventually employing 200 to 300 workers. More: continued here

Forbes Billionaire Investors And Tech Moguls Pick Sides In Ebay BattleForbesIcahn attacked eBay in our FORBES cover story on PayPal and rush to control mobile money. Icahn escalated the battle with an open letter to shareholders on February 24th. Icahn accused eBay's board, namely V.C. Marc Andreessen and billionaire Scott … …

The Board of Directors of FedEx Corporation today elected Marvin R. Ellison as a director. The Board also appointed Mr. Ellison as a member of its Compensation Committe More: continued here

Ex-Dumas post office worker sentenced for failing to deliver mailAmarillo.comA former Postal Service employee was sentenced Monday to serve two years of probation after pleading guilty to failing to deliver hundreds of pieces of mail to customers in Dumas. U.S. Magistrate Judge Clinton E. Averitte also ordered Charles Allen … …

Icahn on eBay: Donahoe's Inexcusable Incompetence Cost eBay Stockholders …Yahoo Finance (blog)eBay CEO John Donahoe oversaw a premature sale of Skype at a diminished price that resulted in eBay stockholders losing over $4 billion as compared to the sale of Skype to Microsoft 18 months later. ▫ Who can doubt …

Back in the neighborhood: Drake Post Office reopens 6 months after floodReporterHerald.comA welcome-home sign and balloons greet customers Monday at the Drake Post Office as customer Shirley McKenna, right, shares a laugh with post office employee Cheryl Jiles while picking up her mail on the first day the office opened …

UPDATE 1-Omega's Cooperman: eBay should spin off portion of PayPalReuters"I give Carl a lot of credit for taking the time and showing the energy, and in this case, we happen to agree with him," Cooperman, an eBay shareholder, said on CNBC television. "I think they should spin out a portion …

A welcome-home sign and balloons greet customers Monday at the Drake Post Office as customer Shirley McKenna, right, shares a laugh with post office employee Cheryl Jiles while picking up her mail on the first day the office opened after the September 2013 flood. More: continued here

Farm bill panel talks crop insurance, food stampsLubbockOnline.comAlthough the new farm bill cuts food stamp spending by about 1 percent, the congressman said he would like to see more reform. He said about 10 percent of food stamp recipients are healthy adults with no dependents and should not rely indefinitely …

A prominent stamp publication is trying to figure out who might have leaked the list to The Washington Post. More: continued here