One in five US households on Food StampsCatholic OnlineThere was lots of coupon flashing at grocery store checkout lines in the recently retired year of 2013. According to data from the U.S. Department of Agriculture, a record 20 percent of American households — one in five, was on food stamps last year …and more » More:…
Police say man installed skimmer in post office kiosk to steal bank informationDeseret NewsPolice traced the incursions back to a self-serve kiosk at the Kearns post office, 5495 S. 4015 West, between Dec. 5 and Dec. 20. "The skimming device was able to read the cardholders' or the victims' account number, as well as their…
The Guardian Cable to scrutinise Royal Mail chief's payThe GuardianA politically toxic battle over the £1.5m pay of Royal Mail boss Moya Greene looks likely to intensify as the government suggested it might block any large increases in executive remuneration. The move by Vince Cable's Department for Business comes … More: continued here
E-commerce company not enamored of the activist investor's suggestion of spinning off the online payments provider. [Read more] More: continued here
Shares of eBay soared in after-hours trading after the online auction website revealed that activist investor Carl Icahn is urging the company to break up. More: continued here
Apple's original Mac can fetch $1598 on eBayCNET (blog)Since then, the Mac, like other Apple products, floated around eBay's marketplace, losing value as other personal computers took its place, according to eBay, which released a few sales stats to commemorate the 30th anniversary of the Mac this week.and more » More: continued here
Payment platform PayPal has been one of the biggest money-makers for eBay, but if activist investor Carl Icahn gets his way, the e-commerce platform would have to envision a future without one of its best sources of revenue: In eBay's fourth quarter earnings report, released Wednesday afternoon, the company announced that Icahn is pushing for…
Carl Icahn has taken a stake in Ebay Inc and is proposing a spin-off of the company's 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 $1.5 billion in 2002 and has considered hiving off the multibillion-dollar payments…
EBay said Wednesday that earnings and revenue grew in the last three months of 2013, driven by a strong holiday season for its e-commerce site and its fast-growing payments business, PayPal. More: continued here
New York Times Icahn Adds eBay To His Targets In TechnologyNew York TimesIn the news release accompanying results, eBay said that Mr. Icahn had submitted a nonbinding proposal to spin off its PayPal business and that he had nominated two of his employees as candidates for eBay's board. Mr. Icahn's total position amounted to …Carl Icahn…