Walmart food stamp bonanza proof of abused systemNew York PostA week ago, the technology that assessed spending limits on debit cards for food-stamp recipients malfunctioned. As a result, there was no way for stores to tell how much value was left on individual cards. Many merchants refused to accept the …
Read More »UK’s Cable says strike risk at Royal Mail influenced price range – Reuters UK
UK's Cable says strike risk at Royal Mail influenced price rangeReuters UKLONDON Oct 18 (Reuters) – Britain's Business Secretary Vince Cable rebuffed accusations that the government underpriced the privatisation of Royal Mail and said on Friday the threat of industrial action had influenced the price-setting process. Shares … More: continued …
Read More »EBay founder's 'next adventure in journalism'
SAN FRANCISCO – EBay Inc founder Pierre Omidyar has become the latest self-made tech baron to plunge into the struggling news industry – hot on the heels of Amazon.com Inc founder Jeff Bezos, who just paid $250 million for the Washington Post. More: continued here
Read More »EBay CEO cites ‘uncertainty’ from government shutdown – CBS News
EBay CEO cites 'uncertainty' from government shutdownCBS NewsLOS ANGELES EBay (EBAY) said the growth rate of e-commerce in the U.S. is slowing as it delivered a weaker-than-expected profit and revenue outlook for the current quarter through December. The company's third-quarter earnings edged past analysts' … More: continued here
Read More »Why the Royal Mail’s megaphone critics are wrong – Telegraph.co.uk
Why the Royal Mail's megaphone critics are wrongTelegraph.co.ukImagine this scenario. A creaking, former state monopoly goes through years of reform in a desperate effort to protect itself from new competitors. The tens of thousands of workers involved in the enterprise have to make sacrifices to increase … More: continued here
Read More »UK’s Royal Mail valued higher than sale price – FT report – Reuters UK
Telegraph.co.uk UK's Royal Mail valued higher than sale price – FT reportReuters UKLONDON (Reuters) – Britain's Royal Mail was valued by some investment banks 50 percent higher than last week's public sale price, a newspaper reported, adding to a debate over whether the postal service was sold off too cheaply. …
Read More »Royal Mail IPO: Investment Banks Say Shares Were Underpriced – IBTimes.co.uk
Royal Mail IPO: Investment Banks Say Shares Were UnderpricedIBTimes.co.ukThe UK government disregarded the opinions of two investment banks that valued postal company Royal Mail at £5bn in June, much more than the government's final valuation. Two banks seeking to lead the share sale said Royal Mail shares might be worth … …
Read More »Royal Mail valued higher than sale price: FT report
LONDON: Britain's Royal Mail was valued by some investment banks 50 percent higher than last week's public sale price, a newspaper reported, adding to a debate over whether the postal service was sold off too cheaply. More: continued here
Read More »SNP Conference: Alex Salmond says an independent Scotland would … – The Independent
The Independent SNP Conference: Alex Salmond says an independent Scotland would …The IndependentAlex Salmond described the voters who will decide if Scotland leaves or remains part of the United Kingdom next year as the “independence generation” who had “tasted” devolution and now wanted the power to choose “a different path” …
Read More »EBay CEO Cites ‘Uncertainty’ for Weak 4Q Outlook – ABC News
EBay CEO Cites 'Uncertainty' for Weak 4Q OutlookABC NewsEBay said the growth rate of e-commerce in the U.S. is slowing as it delivered a weaker-than-expected profit and revenue outlook for the current quarter through December. The company's third-quarter earnings edged past analysts' expectations, but … More: continued here
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