EBay Not Spinning Off PayPal: Sources

EBay stock got a pop in afternoon trading amid rumors that the online marketplace was planning to spin off its payment service PayPal but sources close to the matter smacked down the rumors. More: continued here

Read More »

Britain’s Royal Mail in hot water over gold-medal Paralympic discrimination – Glens Falls Post-Star (blog)

Glens Falls Post-Star (blog) Britain's Royal Mail in hot water over gold-medal Paralympic discriminationGlens Falls Post-Star (blog)While most of Great Britain celebrates surpassing the nation's prescribed pre-Olympics total medals target, the Royal Mail service has found a way to embroil itself in a political snafu after it admitted that it …

Read More »

Cost Cutting at Local Post Office – WROC-TV

Cost Cutting at Local Post OfficeWROC-TVIn just three months, the U.S. Postal Service has lost $5.5 billion. The news comes after its first-ever default on a payment to the U.S. Treasury. It's a payment the agency missed for future retiree health benefits. "For the last seven years, we have …Crisis? …

Read More »