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Britain to Sell 360-Year-Old Royal Mail in $3 Billion IPOBloombergThe U.K. government said it will sell a majority stake in 360-year-old postal service Royal Mail Group Ltd. via an initial public offering by the end of March. Staff will get 10 percent of the shares for free, on condition they …

Baby bidder: Toddler buys car on eBay with dad's phoneKPTV.comAfter verifying the purchase, he realized that his young daughter, who really enjoys playing with daddy's smartphone, had logged into the eBay app which can be used to instantly make a purchase. "Tap, tap, tap and now I own a car," …

About 80 percent of the farm bill goes toward food stamps. Many Republicans want to change that. More: continued here

Baby uses parents' phone to buy Austin Healey on eBayYahoo! Movies (blog)According to KOIN-TV, Sorella Stoute managed to poke into the eBay app on her father Paul Stoute's phone, and from there it was only a "buy-it-now" tap to ownership of a British roadster — albeit one in pieces, with …

UPDATE 2-UK to list Royal Mail, woos workers with free sharesReutersUK to list majority stake in Royal Mail by end March. * To give away 10 pct stake in firm to UK postal workers. * To be biggest UK privatisation for around 20 years. * Analysts see Royal Mail valued …

LONDON (AP) — The Royal Mail can trace its history back 500 years to the time of Henry VIII and its bright red “pillarboxes” grace streets across the UK — from the Scilly Isles to Scotland. More: continued here

UK to IPO Royal MailWall Street JournalThe selloff will create the largest employee share scheme of any British privatization for almost 30 years, with about 150,000 Royal Mail employees eligible to receive free shares. In total, employees could hold a combined 10% stake in the company. More: continued here

Postal workers to get shares in private Royal MailYahoo! NewsThe UK's coalition government laid out plans Wednesday to privatize the Royal Mail. Analysts have speculated that the company could be worth 3 billion pounds ($4.5 billion). The government plans to sell a majority stake but it has yet to decide …

Cable Said to Outline Plan for UK Royal Mail Shares Sale (1)BusinessweekU.K. Business Secretary Vince Cable will today announce plans for the sale of shares in state-owned Royal Mail Group Ltd., with 10 percent of the stock to be given to staff, according to a person familiar with the proposals. …

Southampton Post Office: Mow or Let It Grow?Patch.comWhen the Southampton Post Office moved to North Sea Road a couple years ago, it included a landscaping plan that was aimed at saving money and reducing environmental impact — but was also considered by many to be an eyesore. The plan was …