eBay third-quarter earnings beat estimates, but forecast weakCNETeBay reported third-quarter earnings after the bell Wednesday, and the report was saved by revenue increases across the portfolio. Collectively, the online retail giant reported a net income of $689 million, or 53 cents per share. Non-GAAP earnings … More: continued here
Read More »100K Utahns could lose food stamps in government impasse – ksl.com
100K Utahns could lose food stamps in government impasseksl.comVERNAL — Nearly 100,000 Utah households could be cut off from a critical federal benefit if Congress can't resolve the budget impasse by month's end. "The food stamp program is paid for through the end of October," Utah Department of Workforce … …
Read More »Ebay warns of tougher US trading – Financial Times
EcommerceBytes Ebay warns of tougher US tradingFinancial TimesEbay expects to struggle through the holiday shopping season after growth in online shopping rates in the US suddenly decelerated, causing the company to issue lower than expected guidance for the fourth quarter. Shares in the ecommerce and payments …eBay's profit forecast falls short …
Read More »Royal Mail workers vote in favour of strike following privatisation – The Guardian
The Guardian Royal Mail workers vote in favour of strike following privatisationThe GuardianRoyal Mail workers have voted 4-1 in favour of strike action over pay and conditions and the privatisation of the 500-year-old postal service. More than 100,000 postal workers will walk out on a 24-hour strike on 4 November …
Read More »Postal workers to stage one-day strike after privatisation of Royal Mail – Herald Scotland
Herald Scotland Postal workers to stage one-day strike after privatisation of Royal MailHerald Scotland"What we want is a ground-breaking, long-term, legally binding agreement that not only protects postal workers' job security, pay and pensions, but will also determine the strategy, principles and values of how the Royal Mail Group will …
Read More »eBay’s Q3: Earnings beat estimates but Q4 forecast looks weak – ZDNet
eBay's Q3: Earnings beat estimates but Q4 forecast looks weakZDNeteBay reported third quarter earnings after the bell on Wednesday, and the report was saved by revenue increases across the portfolio. Collectively, the online retail giant reported a net income of $689 million, or 53 cents per share (statement). Non … …
Read More »EBay Putting Its Faith in PayPal – Bloomberg
EBay Putting Its Faith in PayPalBloombergThis is one of the things you have to had line with this, because if there is an argument out there based on some of the headlines that this holiday shopping season, ebay has its work cut out first as a player like amazon, maybe …
Read More »As Foreign Aid Flows Amid Shutdown, Obama USDA to Stop Food Stamps – The New American
Opposing Views As Foreign Aid Flows Amid Shutdown, Obama USDA to Stop Food StampsThe New AmericanThe Obama administration's Department of Agriculture (USDA), however, sent a letter to states apparently ordering them to cut off food stamps for Americans by November 1, pending further notice. A welfare program for women, children, …
Read More »eBay stock falls after earnings report – San Jose Mercury News
eBay stock falls after earnings reportSan Jose Mercury 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 …
Read More »Royal Mail staff to go on strike
POSTAL workers have voted for a one day strike over issues linked to the controversial privatisation of Royal Mail. More: continued here
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