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Congress should protect people, not corporations The House of Representatives is likely to vote this week to cut food assistance by $40 billion over 10 years, a cut that could threaten an adequate food supply for as many as six million Americans. [“House bill would cut $4B a year from …

FedEx reported earnings and revenue that beat expectations as the courier company cut costs and its lower-priced ground shipping business did well. More: continued here

NDTV eBay optimistic amidst economic slowdownBusiness Standard (blog)Economic slowdown has not bothered close to 25,000 sellers on eBay's India platform, out of a total of more than 30,000. An online business index released by the company today showed more than 80% feel "very optimistic" about the growth prospects in …eBay India …

Work to modernise an Ipswich post office will see it open for more than an extra 28 hours every week, bosses have said. More: continued here

KARE Payday with eBayAppleton Post CrescentLeroy Fischer, president of Fischer-Ulman Concrete Construction in Appleton, drives the Ford Ranger he purchased on eBay, which is a vehicle formerly used by Appleton's forestry department. He uses the truck for his business. / Sharon …Appleton, other communities using eBay to cash in on surplus …

On a day all about whether the U.S. economy is still week in the knees, signs of achiness and fatigue appeared in comments made this morning by FedEx. More: continued here

The Guardian Royal Mail sell-off will lead to seven-day service, says Lib Dem peerThe GuardianSpeaking at a fringe meeting at the Liberal Democrat conference in Glasgow, sponsored by the Communications Workers Union, Razzall declared: "I will make a prediction that in five years we will have a seven-day-a-week Royal Mail …

MEMPHIS (TheStreet) — FedEx beat Wall Street estimates as net income rose 7%, driven by growth in each of the company's transportation segment. In pre-market trading about an hour before the opening bell, FedEx shares had gained $3.32 or 3% to $114. The overnight package shipper reported earnings of $489 …

I've just spent the last few days studying Royal Mail and I've concluded the shares might be worth buying – at least for the short term. £750 gets you in on day one For those of you who missed the news, … More: continued here

Nearly half of investors plan to take up the Royal Mail initial public offering (IPO). More: continued here