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The city of Palo Alto has been selected by the U.S. Postal Service to make a second offer on the historic downtown post office. More: continued here

The U.K.'s recently privatized Royal Mail reported a hike in first-half profit on Wednesday. More: continued here

The U.K.'s recently privatized Royal Mail reported a hike in first-half profit on Wednesday, amid continuing concerns that it was sold off too cheaply when it floated in October. More: continued here

Vince Cable, business secretary, quizzed by MPs over the privatisation of Royal Mail, as share price rises to 544p on back of strong results         More: continued here

The selloff of Royal Mail has grabbed headlines in 2013, with unions and opposition lawmakers heavily criticizing the government after shares in the firm rocketed by as much as 80 percent above the October 330 pence offer price. "Had we have sought to push the price range higher we would …

Royal Mail posted another surge in earnings today, but revealed tougher trading at its parcels business and cautioned over the impact of recent strike fears. More: continued here

Maiden half-year profits at the Royal Mail jump as Vince Cable and Michael Fallon face MPs over the company's valuation         More: continued here

Vince Cable, business secretary, quizzed by MPs over the privatisation of Royal Mail, as share price rises to 544p on back of strong results         More: continued here

eBay Find of the Day: 1994 Dodge Viper RT/10 with 504 milesAutoblog (blog)It's typically hard to find early examples of the Dodge Viper that haven't been crashed or modified, but one eBay seller has a showroom-fresh version of the V10 roadster up for sale worthy of an eBay Find of …

Royal Mail reports an increase in half-year profits, driven by growing revenue from parcels, in its first results since listing on London's stock market. More: continued here