Royal Mail: Trading meets view, parcel sales grow – MarketWatch

Royal Mail: Trading meets view, parcel sales growMarketWatchLONDON–Royal Mail PLC (RMG.LN), the U.K. postal service privatized last year, Friday said its trading performance for the nine months ended Dec. 29 was in line with expectations as higher prices for posting parcels helped offset a decline in letters. More: continued here

Read More »

Letter: Post office is not ADA accessible – Norwich Bulletin

Letter: Post office is not ADA accessibleNorwich BulletinThe fact that Norwich will still have a downtown post office is good news. What's troubling is that this building is entirely inaccessible to people with disabilities. Although the postal system, through alternative means, has tried to accommodate … More: continued here

Read More »

From ColumbusAlive.com – Columbus Dispatch

From ColumbusAlive.comColumbus DispatchMore than 10,000 poor Ohioans have lost food stamp benefits this month for failing to meet newly enforced work requirements. That's 7 percent of the roughly 140,000 able-bodied adults ages 18 to 50 without dependent children who are now required to …and more » More: continued here

Read More »

EBay dismisses Icahn proposal to spin off PayPal – CNBC.com

CNBC.com EBay dismisses Icahn proposal to spin off PayPalCNBC.comCarl Icahn has taken a stake in eBay and is proposing a spinoff of the its fast-growing PayPal division, but the e-commerce giant rebuffed the overture, setting the stage for a potential battle with the activist investor. EBay, which bought PayPal for …

Read More »

Royal Mail ‘confident’ after revenues rise – BBC News

BBC News Royal Mail'confident' after revenues riseBBC NewsRoyal Mail has said it is "confident" about hitting its targets after posting a 2% rise in like-for-like revenues in the nine months to 29 December. Parcel deliveries accounted for 51% of revenues, and chief executive Moya Greene said the firm handled …Royal …

Read More »

EBay reliance on PayPal for growth lowers chances of spinoff

EBay Inc is fighting the proposal by activist investor Carl Icahn to spin off PayPal because it views the payments service as crucial to long-term growth prospects of the e-commerce company. The marketplaces business, eBay's biggest, is growing at a slower rate than both PayPal and eBay rival Amazon.com Inc. …

Read More »

Price of Stamps Going Up Sunday – Patch.com

Price of Stamps Going Up SundayPatch.comA temporary price hike of 3 cents for a first-class stamp has been OK'd bringing the charge to 49 cents a letter to help the Postal Service recover from severe mail decreases brought on by the 2008 economic downturn. Courtesy USPS/PRNewswire. Loading. More: continued here

Read More »