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Obama In Michigan To Sign Farm Bill That Trims Food StampsCBS LocalThe 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 subsidies for groups ranging from sheep …

Obama signing farm bill trimming food stampsTurn to 10But the bulk of its cost is for the food stamp program that aids 1 in 7 Americans. A partisan dispute over food stamp spending held up the legislation for two years. The compromise bill cuts food stamps by $800 million a …

The Times (subscription) Underselling Royal Mail cost taxpayer £1.5bnThe Times (subscription)The taxpayer could have earned up to £1.5 billion more from the Royal Mail float if ministers had heeded investment bank advice, according to data obtained under a freedom of information request. Shares in the company were sold with an …

Taxpayers 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. More: continued here

Friday newspaper round-up: Scotland, Royal Mail, China… David Cameron will on Friday launch a personal campaign to save the UK, warning that the country would be “deeply diminished” if Scotland votes to secede in this year’s independence referendum. More: continued here

NPR Post Office Could Rack Up Billions By Offering Money ServicesNPRAs the U.S. Postal Service continues to lose money each year, a new report suggests a way to add to its bottom line: offer bank-like services, such as a check cashing card that would allow holders to make purchases and …

Amid growing concerns shares were sold too cheaply, Freedom of Information requests revealed that 21 banks pitching to work on the floatation had valued the Royal Mail from £4bn to £4.8bn – well above the eventual sale price of £3.3bilion. More: continued here

Post Office Could Rack Up Billions By Offering Money ServicesWSHUBetsy Cavendish, president of Appleseed Network, says being able to go to the post office for simple financial transactions would be "win-win. Many people are spending $2,500 a year or so in extra fees," she says. "They have a lack of …

International Business Times UK Royal Mail Gets CWU Pay Rise, Pensions and Bonus Deal Rubber StampInternational Business Times UKAccording to a statement by the recently privatised delivery service, Royal Mail revealed that "is pleased that CWU members have voted overwhelmingly in favour of a ground-breaking agreement on an agenda for …

eBay founder to launch Snowden-themed magazineThe DrumPierre Omidyar, the billionaire founder of eBay, has announced his intention to start publishing a new Snowden-themed online magazine from next week. The launch edition is said to focus on classified government documents stolen by Snowden and will be …and more » More: continued here