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WASHINGTON – The Senate voted Tuesday to keep a $400 million annual cut — or roughly a half of 1 per cent — to the food stamp program as part of a major five-year farm bill. More: continued here

Springburn Royal Mail worker Angela Doran stole £45000 for shoesstv.tvA Royal Mail worker stole nearly £45,000 and used the money to buy pairs of designer shoes. Angela Doran took parcels from the sorting office in Glasgow's Springburn to fund her spending habits. The 39-year-old admitted to embezzling a total of …

Senate rejects amendment to further cut food stampsThe Hill (blog)The Senate rejected an amendment to the farm bill Tuesday that would have brought cuts to food stamps closer inline with the House version. Sen. Pat Roberts (R-Kan.) introduced an amendment that would have cut at least an additional $12 billion …

The Guardian (blog) Royal Mail doubles operating profitFinancial TimesRoyal Mail has more than doubled its annual operating profit as the government prepares to privatise the world's oldest postal service. Operating profit rose from £152m to £403m on a like-for-like basis in the year to March 31. Revenue increased 5 per …

Yahoo!7 News EBay Says PayPal to Be in 2 Million Stores This YearBloombergEBay is trying to keep PayPal's growth on track after the unit's sales decelerated to 18 percent in the first quarter from 32 percent a year earlier. By promoting a credit-card reader, PayPal is moving the payments service …

Royal Mail profit soars before privatisationeuronewsLONDON (Reuters) – Royal Mail more than doubled annual profit on the back of an online shopping boom, providing a timely boost as it plans for a stock market listing this year. In a marked turnaround for a business that has been fighting to adapt …

The Mobile Payment Wars Between eBay, Google, And Square Heat Up AgainBusiness Insider AustraliaeBay's PayPal, Square and late-entrant Groupon are betting on more software-centric approaches. Read >. BI Intelligence covered the mobile payment wars in a recent February 2013 report, “Who Will Win As Mobile Payments Go Mainstream.” Google Glass …

When a family receives more food stamps from Social Services than it should, the money has to be paid back, no matter what the reason for the extra benefits. More: continued here

Yahoo!7 News Royal Mail sees profits almost double before privatisationYahoo!7 NewsRoyal Mail said on Tuesday adjusted operating profit in the year to March 31 was 403 million pounds, more than double the 152 million pounds posted a year earlier, reflecting the impact of growing parcels work fuelled by internet shopping, …

The Independent Royal Mail reveals profits boost – but Vince Cable says 'no alternative' to …The IndependentHis comments came as Royal Mail announced a big jump in profits to £440 million for the year to 31 March, compared with £152 million a year earlier, helped by parcels growth of the …