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(Reuters) – Shares of FedEx Corp jumped as much as 4 percent on Wednesday after the shipping company said cost cuts helped it to post a better-than-expected quarterly profit, and it announced rates would increase next year for express shipping amid improving global economic conditions. The company also backed its …

WASHINGTON (AP) — House Republican leaders say food stamps serve too many Americans and the almost $80 billion-a-year program needs to be slimmed down. More: continued here

Food Stamps Kept 4 Million Out Of Poverty In 2012Huffington PostWASHINGTON — Food stamps kept 4 million Americans out of poverty last year, the government announced Tuesday in its annual update on income, poverty and health insurance coverage. Coincidentally, Republicans in the U.S. House of Representatives … More: continued here

eBay user tries to sell shorts with naked selfieNEWS.com.aueBay seller Aimi Jones, 21, accidentally included a naked view of herself when she posted a picture of a dress for sale on the website. Jones said she failed to notice her own reflection in the door mirror, camera in hand, and …

One of the world's most important economic bellwethers. More: continued here

Princeton Post Office Placed on the Market, Multiple Bidders InterestedTown TopicsIt's official: The building that has housed the Princeton post office on Palmer Square since 1934 is for sale. A sign advertising the availability of the 11,500-square-foot building on the green was scheduled to be posted on Tuesday. Numerous entities …

Royal Mail IPO could be over-subscribedMoney ObserverNearly half of investors plan to take up the Royal Mail initial public offering ( IPO ). According to a survey by SharePrice, a subsidiary of online platform Interactive Investor, 46 per cent of investors are interested in subscribing to the new share … …

The recent announcement that the Canadian Government is interested in selling the Post Office building at 22 Circle Street prompted the topic of this month’s history article. More: continued here

Business at FedEx remains solid and investors are pleased, but the shipping giant isn't very optimistic about the global economy. More: continued here

Damn the economic headwinds, FedEx ( FDX ) is going to make money anyway. That was the message this morning as the shipping giant announced major price increases and ongoing efforts to become a more efficient shipping machine. More: continued here