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EBay posts higher 1Q net income and revenueThe Associated PressNEW YORK (AP) — EBay says its first-quarter net income grew 20 percent thanks to higher revenue from its PayPal business and its e-commerce websites. EBay Inc. said Wednesday that it earned $570 million, or 44 cents per share, in the …

GOP wants to cut food stamps to help trim deficitPeoria Journal StarBy ANDREW TAYLOR AP Republicans controlling the House are eying big cuts to food stamps as they piece together legislation to trim $261 billion from the federal budget over the next decade, hoping to forestall major Pentagon cutbacks. More: …

EBay Earnings, Revenue Top Forecasts; Shares RiseCNBC.comEBay reported quarterly earnings and revenue that beat analysts' expectations, sending its shares higher in extended trading on Wednesday. Revenue was $3.28 billion, a 29-percent increase from $2.55 billion a year ago. Analysts had expected the company …and more » More: continued here

eBay FYQ2 Beats; Q3 View Light, Year View Tops EstimatesBarron’s (blog)By Tiernan Ray eBay (EBAY) this afternoon reported Q1 revenue and profit per share that topped analysts' estimates, projected this quarter's revenue and EPS below estimates, and projected the year's results ahead of consensus.eBay, Inc. (EBAY) Tops Q1 EPS by …

SAN FRANCISCO (MarketWatch) — EBay Inc. on Wednesday reported a fiscal first-quarter profit of $570 million, or 44 cents a share, on $3.3 billion in revenue. During the same period a year ago, the online retailer earned $476 million, or 36 cents a share, on sales of $2.55 billion. Excluding …

The Home City Post Office will close, but the exact date is not yet known. Photo by JoAnn Shum The Home Post Office was recently “affirmed for closure” by the Postal Regulatory Commission, according to Brian Sperry, Denver, regional spokesman for the U.S. Postal Service. More: continued here

Global commerce platform and payments leader eBay Inc. today reported that revenue for the first quarter ended March 31, 2012, increased 29% to $3.3 billion, compared to the same period of 2011. More: continued here

FedEx Corporation is again in the lime light with acquisition plans for another European company, TATEX Express. More: continued here

Stamp, envelope honor 'Mockingbird' film's 50thAuction Central News(AP) – The US Postal Service joined with fans of "To Kill a Mockingbird'' in Monroeville on Friday for a stamp and envelope celebrating the 50th anniversary of the film from the Pulitzer Prize-winning novel. About 100 people attended the unveiling to … …

Today’s tickers: EBAY, IR & PLD EBAY – eBay, Inc. – Options on eBay, Inc. are active today as traders await the company’s first-quarter earnings report due out after the final bell. Shares in the provider of secure online payment services and online marketplaces are off slightly, trading 0.67% lower …