Hell Mail Royal Mail scraps business post collection charge planStock Market WireStockMarketWire.com – Royal Mail has scrapped plans to force businesses to pay for collecting their post from delivery offices, it has been revealed. The move has been hailed as a victory by the Federation of Small Businesses (FSB), which …
Read More »3.6% pay hike averts Post Office strikes – Mirror.co.uk
3.6% pay hike averts Post Office strikesMirror.co.ukThe CWU claims the pact means there will be no closures at the 373-strong Crown Post Office network for at least 12 months. The Post Office said: “We will now work to return Crown post offices to profit, after yearly losses of around £60million.”Strike …
Read More »Card sting caught thieving postman – Peterborough Today
Card sting caught thieving postmanPeterborough TodayGregory Kennedy (45) took £30 from an envelope planted by Royal Mail investigators on his delivery round after suspicions had been raised that he had been opening post. The 45-year-old, who had been postman for nine years, pleaded guilty to theft at … More: continued …
Read More »UPS joins FedEx in adding Asia flights on air-freight demand
HONG KONG — United Parcel Service Inc. is adding four flights a week from Hong Kong to Europe and FedEx Corp. will start a new nonstop route to South Korea as growth in Asian shipping demand outpaces expansion in the US. Asia is “a growth market and they need to …
Read More »Stamps Celebrate Royal Wedding
Britain’s Royal Mail is celebrating Prince William and Kate Middleton’s wedding with a new set of stamps that feature their official engagement portraits. More: continued here
Read More »EBay to pay $2.4B for GSI Commerce – Bend Bulletin
MiamiHerald.com EBay to pay $2.4B for GSI CommerceBend BulletinIn an effort to propel itself into the business of filling orders for large retailers, eBay has agreed to buy GSI Commerce, an online services company, for $2.4 billion. The acquisition, announced Monday, shows how the 16-year-old eBay is taking on …EBay's …
Read More »Kleiner Perkins Caufield & Byers hires Meg Whitman – San Francisco Chronicle
WKZO Kleiner Perkins Caufield & Byers hires Meg WhitmanSan Francisco ChronicleMeg Whitman, the former head of eBay Inc. who made a failed bid for California governor last year, has joined venture-capital firm Kleiner Perkins Caufield & Byers, according to a person familiar with the matter. Whitman, 54, will work part …
Read More »Two arrested in crackdown on counterfeit stamp ring – Toronto Star
CBC.ca Two arrested in crackdown on counterfeit stamp ringToronto StarIn a bid to crack down on counterfeit postage, the Mounties arrested two people in Montreal Tuesday, capping an investigation that saw the seizure of thousands of fake stamps and a total of five arrests. The operation has been ongoing since …
Read More »Link to eBay may give big boost to Boston’s Rue La La – Boston Globe
MiamiHerald.com Link to eBay may give big boost to Boston's Rue La LaBoston GlobeEBay's minority stake in Rue La La could help give the Boston flash-sale site access to millions of potential new customers and turn the start-up into a profitable business. The deal was disclosed this week as part …
Read More »EBay’s Lowest-Value Takeover Target Generates Losses: Real M&A
While EBay Inc. struck its cheapest deal for GSI Commerce Inc., wringing profits out of the money- losing Internet company that gets less operating income from sales than nine out of 10 U.S. rivals may prove more costly. More: continued here
Read More »