USPS proposes raising stamp price by 3 cents in new yearNBCNews.comThe USPS last increased prices for a first-class stamp by a penny in January of this year. At the time, the USPS cited losses of about $25 million per day amid declining mail volume as more people use email and social media. Emphasizing the Postal…
83-year-old driver hits post office with carJuneau Empire (subscription)An elderly man trying to park his car at the Mendenhall Post Office Thursday accidentally hopped the curb and struck the building, causing an estimated $3,500 worth of damage, police said. Post office employees said the collision shook the building … More: continued here
The American Prospect Five Reasons Food Stamps Work Just FineThe American ProspectLast week, House Republicans passed a bill that would cut the food stamp program by about $40 billion over the next ten years. They're drawing on headline numbers—the program serves about 47 million people each year and has the biggest price tag of …Before You…
Behind eBay's $800M buy: Braintree will replace PayPal's developer platformGigaOMeBay's $800 million purchase of Braintree is primarily motivated by one big factor: PayPal's need for a nimble and flexible commerce platforms that met the demands of the new generation of startups and mobile app developers. That's according to John … More: continued here
Fox Business EBay Shells Out $800M to Buy Payment Platform BraintreeFox BusinessIn an effort to strengthen its PayPal payments business, eBay (EBAY) agreed to an $800 million all-cash transaction on Thursday to snap up payment processor Braintree and its mobile app Venmo. Founded in 2007, Braintree's payment platform powers … More: continued here
eBay to acquire global payment provider BraintreeCNET"Braintree is a perfect fit with PayPal," eBay CEO John Donahoe said in a statement. "Bill Ready and his team add complementary talent and technology that we believe will help accelerate PayPal's global leadership in mobile payments. Together, we … More: continued here
CONSERVATION: FedEx and the Global Environment Centre got together to plant 300 mangrove saplings in Kuala Gula More: continued here
Hunt for fired man in deadly LI office shootingNew York PostA disgruntled contractor opened fire in his old Long Island office Wednesday — killing a former co-worker and critically injuring his former boss in an attack that caused a lockdown at the nearby Roosevelt Field Mall. The gunfire at the East Garden …and more » More:…
Humza Yousaf on the Royal MailScottish Daily Record…Royal Mail sell-off risks the future of our vital postal service. HUMZA YOUSAF says that the privatisation of the Royal Mail is a deeply-flawed decision that risks the quality of the service, and says Scottish Independence would secure its publicly … More: continued here
eBay Will Acquire Braintree for $800 Million in CashAllThingsDeBay has agreed to acquire Chicago-based Braintree for about $800 million, the companies announced on Thursday morning. In buying Braintree, eBay has taken one of the major competitors of its payments unit PayPal off the table. The Wall Street Journal … More: continued here