The US Postal Service Is in Even Worse Shape Than You ThinkBusinessweek“The Government Accountability Office (GAO) has estimated that total volume could fall to 127 billion pieces by 2020, a 60 percent drop from 2006, and 20 percent less than current volume.” • Packages Won't Save Them. “From 2009 to 2012, the total …and more »…
Ask the Times: Gold Bond Stamps can't be redeemedQuad City TimesWe contacted www.clubcarlson.com and were told they no longer accept Gold Bond Stamps for redemption. However, Gold Bond memorabilia is being sold online to collectors. Prices range from $1.75 for trading stamps to $1,995.00 for a mint five-foot metal …and more » More: continued here
The number of Royal Mail shareholders unable to sell their shares through lack of a key reference number is tiny, the company running the scheme says. More: continued here
Rudolph post office recommends service mailing datesWisconsin Rapids TribuneHelping to get packages on their way, the Postal Service offers a discount on its largest Priority Mail Flat Rate box at $14.85. The price includes a $2 per box discount for military mail being sent to APO/FPO/DPO (Air/Army Post Office, Fleet Post… More: continued here
UK lawmakers launch Royal Mail inquiry as share rise continuesReutersLast week, before the sale had been priced, the committee quizzed Cable on whether Royal Mail could be undervalued after some analysts said its London property portfolio may be worth much more than the official estimates. A poll by YouGov over the … More: continued here
Psilocybin mushrooms unclaimed at Glenwood Srpings post officeDenver PostGLENWOOD SPRINGS — A misdirected postal package that had a return address for the Glenwood Springs Post Independent office sat unclaimed for two months before staffers made an unexpected discovery this week. After attempting to track down the …and more » More: continued here
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
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 … More: continued here
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 of estimatesBBC NewseBay Cautious about…
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 unless the company agrees to…