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Post Office Reports Another Quarter Of LossesNPRby Yuki Noguchi The Postal Service announced Thursday that it lost more than $3 billion during the first three months of the year. Post office officials are pushing Congress to give it more authority to cut some of its burgeoning costs. More: continued here

Daily Mail A first class idea! Royal Mail lets arthritic pensioner leave letters in a …Daily MailRoyal Mail bosses have approved the arrangement although they insist it is 'very rare' and not part of their legal obligations. Retired farmworker Mr Kingdom said: 'People say there's been a postbox in our …

Royal Mail delivery office to closeSpenborough GuardianRoyal Mail has blamed 'declining mail volumes and increasingly tough trading conditions' for the closure. Tony Power, Royal Mail delivery sector manager, said: “We have been talking to our people about the move, as we must modernise our operations. More: continued here

1500 jobs between the post office and the airbase are safe for now, the next step is justifying the need to keep both facilities open permanently. More: continued here

Todays Highlight: EBAY INC : Pet360 Names Jeffry Nimeroff as New Chief …The Mumbai TimeseBay Inc (NASDAQ:EBAY) shares were trading at $4:00pm ET, 05/10/2012 while reporting up 1.60% from yesterdays close. The 30 analysts offering 12-month price forecasts for eBay Inc have a median target of 44.00, with a high …

EBAY INC : Pet360 Names Jeffry Nimeroff as New Chief Information Officer4-tradersNimeroff joins Pet360 from GSI Commerce/EBAY (NASDAQ: EBAY) where he served as Head of Technology Solutions leading e-commerce implementations for companies as diverse as Toys R Us, Calvin Klein, Dick's Sporting Goods, and the NFL.and more » More: continued here

Auctionbytes eBay UK Encourages Casual Sellers to List via Mobile AppsAuctionbytesBy Ina Steiner eBay UK sent an email to private (non-business) sellers encouraging them to "List in 60 seconds on your mobile with 0 pounds insertion fees." The promotion, which runs May 12 – 13, 2012, in the UK, applies …

A loosening of some rules on food-stamp eligibility and an expected tightening of rules for receiving unemployment insurance may make more people out of work rely on food stamps, an economist writes. More: continued here

Daily Mail New message: Your mobile is making you go mad: iDISORDER: UNDERSTANDING OUR …Daily MailI'm keeping the Royal Mail going all on my own. I say 'luckily', above, because the rest of you are going mad. I know this because Professor Larry Rosen, Chair of Psychology at California State …

Tony Yang is one of many young professionals that are finding themselves in increasingly hard economic times. With a PhD in History from the University of California, Yang has no permanent job, no stable income, and without the help of the government, no food to put on his table. “It …