eBay posted double-digit growth for Q4 2013 in both of its key segments, marketplaces and PayPal, which are equally valuable and together constitute about 70% of the company’s value, according to our estimates. Despite less-than-expected e-commerce growth during the holiday season in the U.S., eBay more or less maintained the …
Read More »Italy moves to sell stake in post office to cut public debt
Italy's cabinet approved a decree on Friday paving the way for the privatisation of up to 40 percent of the post office as the government tries to bring down its huge public debt. The sale of Poste Italiane (PSTIT.UL) will be aimed at institutional and retail investors as well as …
Read More »Rare Nintendo World Championships cart fetching $5K on eBay – CNET
Metro Rare Nintendo World Championships cart fetching $5K on eBayCNETAn eBay user recently posted Nintendo World Championships on the auction site. The cartridge, if real as the seller claims, is one of only 116 copies created, making it one of the most exclusive titles ever made for the Nintendo Entertainment …
Read More »$50K reward posted in Post Office, bank robberies – 6abc.com
6abc.com $50K reward posted in Post Office, bank robberies6abc.comJanuary 24, 2014 (WPVI) — Postal inspectors are offering up to $50,000 for information leading to the arrest of the man who robbed two banks and attempted to rob two post offices in Delaware County. It was approximately 10:40 a.m. Wednesday when …
Read More »Fox’s Kilmeade: Colo. food stamp recipients can turn their benefits into cash … – PolitiFact
Fox's Kilmeade: Colo. food stamp recipients can turn their benefits into cash …PolitiFact"Fox and Friends" co-host Brian Kilmeade focused on food stamp recipients during an interview with a Colorado lawmaker who wants to ban the use of government EBT cards in pot shops. We are a scant few weeks into …
Read More »EBay Shouldn’t Unfriend Its PayPal – Wall Street Journal
EBay Shouldn't Unfriend Its PayPalWall Street JournalThis old idea was revived this week by none other than Carl Icahn, the billionaire activist who has been canvassing the tech sector for new targets. That he latched onto eBay isn't too surprising, as the e-commerce giant's shares stalled in 2013 amid … …
Read More »10000 Ohioans lose food stamps over work rules – Toledo Blade
Raw Story 10000 Ohioans lose food stamps over work rulesToledo BladeCOLUMBUS — Thousands of poor Ohio residents have lost food stamp benefits for not fulfilling work requirements, and the number is expected to rise in the coming months. More than 10,000 people lost the benefits this month as Ohio began …
Read More »Post office right to try new strategies – Columbus Dispatch
Post office right to try new strategiesColumbus DispatchThe latest volley comes as the Postal Service has launched a partnership with dozens of Staples office-supply stores throughout the country, in which Staples employees do such routine things as sell postage and mail packages — things the postal union …and more » More: continued …
Read More »Exclusive: Icahn’s stake in eBay close to 2 percent – source – Chicago Tribune
Exclusive: Icahn's stake in eBay close to 2 percent – sourceChicago Tribune(Reuters) – Activist investor Carl Icahn's stake in e-commerce company eBay Inc is more than previously reported at close to 2 percent, a source familiar with the matter said on Thursday. EBay said this week that Icahn had taken …
Read More »Royal Mail delivers 417000 parcels an hour at Christmas – Telegraph.co.uk
Royal Mail delivers 417000 parcels an hour at ChristmasTelegraph.co.uk… including bonus and pension payments. Photo: PA. By John Ficenec. 9:00AM GMT 24 Jan 2014. Follow · Comments. Royal Mail said it delivered the equivalent of 417,000 parcels every hour on December 18, the busiest day in the run up to …
Read More »