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If the financially strapped U.S. Postal Service wants to cut delivery down to weekdays, it’s going to have to convince Congress to pass a law. That’s according to the legal opinion from the Government Accountability Office . After the USPS lost nearly $16 billion in 2012, Postmaster General Patrick Donahoe …

House-approved budget includes deep cuts to Medicare, food stampsKingston Daily FreemanBut its deep cuts to programs for the poor like Medicaid and food stamps and its promise to abolish so-called “Obamacare” are nonstarters with the president, who won re-election while campaigning against Ryan's prior budgets. It passed on a mostly …

Mecox Lane Offers Super Cheap Opportunity To Invest With Sina And eBay…Seeking AlphaA recent joint venture with Giosis, which is 49% owned by eBay (EBAY) and run by Gmarket's founder, Young Bae Ku, offers a turnaround opportunity. And at its current price, MCOX is trading below the cash value on …

eBay Wants to Be Your CraigslistMotley FooleBay (NASDAQ: EBAY ) is making it easier to populate the website with merchandise, looking to make less in insertion fees while further aligning the website's interests with the success of its sellers. Just don't go thinking that eBay is doing this out … …

Bachmann's CPAC lies come under scrutinyMSNBCAfter Congresswoman Michelle Bachmann claimed 70% of food stamps end up in the hands of Washington bureaucrats, The Washington Post graded her comments with four Pinocchios. Alex Wagner and the NOW panel look at the Tea Party advocate's …and more » More: continued here

GAO says post office can't cut Saturday deliveryLewiston Sun JournalWASHINGTON — The U.S. Postal Service doesn't have the legal authority to cut Saturday mail delivery as Postmaster General Patrick Donahoe has said it will do, the Government Accountability Office said Thursday. More: continued here

Lake Zurich man accused of $16K eBay scamChicago TribuneA Lake Zurich man has been charged with theft related to an alleged eBay scam that cost a Texas resident more than $16,000 for a motor home he never got, according to sheriff's police. Randy Looke, 44, of the 500 Block of …

City of Albany Mayor Dorothy Hubbard and Dougherty County Commission Chairman Jeff Sinyard met with Congressman Sanford Bishop and US Senators Johnny Isakson and Saxby Chambliss on Wednesday to discuss the possibility of privatizing the post office building on West Broad so it won’t close. More: continued here

It’s marketing itself as a beverage instead of a supplement to qualify for sale to millions of consumers on the government program. More: continued here

How Stripe Plans To Make Mobile Pay (EBAY)San Francisco ChronicleCollison said he didn't see PayPal, eBay's payments service, as an alternative many of his customers considered. All three of PayPal's cofounders—Elon Musk, Peter Thiel, and Max Levchin—have invested in Stripe, as has early PayPal backer Sequoia …and more » More: continued …