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Isn't it ironic? Online shopping is helping the U.S. Postal Service overcome some losses caused by online communication.The struggling Postal Service reported its losses narrowed in its first quarter that ended December as a surge in online shopping and package delivery boosted its revenues. More: continued here

Obama signing farm bill that trims food stampsBoston.comThe five-year bill cuts food stamps by $800 million a year, or around 1 percent, one-fifth of the cut approved last fall by the Republican-led House. Conservatives remain unhappy with the bill and its generous new subsidies for farmers in every region … …

'Non-bank' at post office is a nonissueThe San Luis Obispo TribuneThe dwindling cards were also another sign of the declining business at our post offices. Another symptom of that decline was the “white paper” that appeared on the Internet last week. It came from the Office of the Inspector General …

Wall Street Journal (blog) The Sochi Stamp: A Sought-After Olympic SouvenirWall Street Journal (blog)When cash was short for the first Olympic Games in 1896, host Greece sold commemorative stamps to help pay the bills. The Winter Olympics in Sochi needed no such funding—despite its estimated $50 billion price tag—but its …

When cash was short for the first Olympics in 1896, host Greece sold commemorative stamps to help pay the bills. The Winter Olympics in Sochi needed no such funding, but its stamps are still a sought-after souvenir. More: continued here

How The Farm Bill's $8.7 Billion Food Stamp Cuts Hurt Working AmericaThe Real News NetworkShe works part-time, making $10 an hour, and she says she needs any help that she can get, even though she's on the Supplemental Nutrition Assistance Program, commonly known as food stamps. KATHY BURKE, FOOD STAMP …

Bay St. Louis police foiled an attempted burglary at the United States Post Office on Highway 90 early Friday morning. Bay St. Louis Chief of Police Michael DeNardo said officers responded to the post office's silent alarm shortly after midnight. More: continued here

Telegraph.co.uk Vince Cable 'not a share price expert' says Clegg, in Royal Mail rowTelegraph.co.ukMr Cable has been accused of costing the Government £1bn by setting the share price in the sale too low. According to Freedom of Information requests, the 21 banks pitching to work on the floatation valued the …

Royal Mail shares undersold, bank valuations revealPolitics.co.ukTaxpayers are £1 billion worse off as a result of the government's decision to sell-off Royal Mail below City banks' estimates, it has emerged. A freedom of information request by the Labour party revealed that 15 out of 21 banks which were asked to …

It seems like every week that someone lobs another brick at the government, Business Secretary Vince Cable in particular, over the privatisation of Royal Mail. That Royal Mail's share price is, at the time of writing, around 80% above its offer price just five months on from the flotation doesn't …