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BBC News Price of first-class stamps set to rocket… despite Royal Mail making £1m a dayDaily MailRoyal Mail is making profits of nearly £1million a day, just as the price of a first-class stamp is set to rocket. At present, the company charges 46p for a first-class stamp under a …

David Prosser: Ducking the really tough call on tackling executives' runaway …The IndependentMoya Greene, the new chief executive of Royal Mail, says she was taken aback by the regulatory strictures the organisation had been operating under prior to her arrival from a similar job in charge of Canada Post. But …

Former Cessna employee admits to selling stolen aircraft parts on eBayKansas.comWICHITA — A former Cessna employee admitted in federal court to selling stolen aircraft parts on eBay. Diego Alejandro Paz Teran, 34, of Wichita pleaded guilty to one count of interstate transportation of stolen property, …Former Cessna Employee Pleads Guilty …

Macgasm Yet another micro-reviews service: StampedCNETStamped is a well-designed site for approving the products you like, and finding others' recommendations. "The problem we're trying to solve is noise," the Stamped blog says to announce its …Ex-Googlers launch recommendation engine Stamped, with help from Google VenturesVentureBeatCan a new wave of apps …

PayPal report problems with Royal Mail label printingTameBayAccording to PayPal's official Twitter feed, there are currently problems related to printing Royal Mail postage labels on PayPal. PayPal said on Twitter this afternoon: “We are actively working with Royal Mail to have this issue resolved … More: continued here

Moya Greene, the chief executive of Royal Mail, has stressed it is “essential” that the European Commission allows the Government to relieve it of its crippling £4.6bn pension deficit. More: continued here

Four rural Maine post offices to be spared from closureBangor Daily NewsBELFAST, Maine — A US Post Office official said Monday that four rural post offices in Maine have been taken off the agency's possible closure list, after a review indicated that customers there wouldn't have “regular and … More: …

EBay Buys Hunch to add Custom Recommendations for ShoppersBusinessWeek21 (Bloomberg) — EBay Inc., the largest Internet marketplace, acquired closely held Hunch.com to add technology that recommends products and services to shoppers. Terms weren't disclosed. Hunch, introduced in 2009, delivers customized suggestions to … More: continued here

eBay has agreed to purchase New York startup Hunch, a company that focuses on deducing consumers’ tastes in order to recommend likely purchases and connect them with like-minded people. The purchase price was not disclosed. More: continued here

Royal Mail apologises for postbox fiascomyHermesUK parcel and delivery service Royal Mail has been forced to apologise after removing a postbox from Park Street, St Albans. The mail company claims it is "committed" to replacing the box once a suitable location has been found. …Royal Mail apology over removal of …