Analyst cuts FedEx rating on slowing growth

An analyst lowered his rating and price target on shares of FedEx Corp. on Tuesday on the expectation that slowing global growth will put pressure on the package delivery company’s ability to growth revenue this fiscal year and next. More: continued here

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Did Mobile Payments Kill the Post Office?

NEW YORK (MainStreet) — The U.S. Postal Service is in a world of hurt, but judging by the rising use of mobile payments for regular bills, consumers aren’t exactly begging the federal government to save snail mail. While the Postal Service was able to survive the development of the telephone, …

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Residents rally to save Maplewood post office – KSDK

Residents rally to save Maplewood post officeKSDKMAPLEWOOD (KSDK) — The Maplewood post office is being targeted for closure by the Postal Service. But the city is saying "wait a minute, mister postman." Tuesday at city hall, Maplewood leaders will hold a hearing on the potential closure. …Maplewood Meeting To Fight …

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Ofcom stamps out rollover broadband contracts – ZDNet UK

ZDNet UK Ofcom stamps out rollover broadband contractsZDNet UKOfcom has banned 'rollover' broadband and landline contracts over concerns that they lock customers into long-term deals with few benefits. Ofcom has banned 'rollover' broadband and landline contracts …and more » More: continued here

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In Our View: Reform Post Office – The Columbian

Kansas City Star In Our View: Reform Post OfficeThe ColumbianSorry, but here's the bad news: The Postal Service is on “the brink of default,” Donahoe also said, and “we have to get our finances in order.” Boy, do they ever. Last year the post office lost more than $8 billion, …

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