Crain’s Chicago Business Old Main Post Office sold to original bidderChicago Sun-TimesThe city's long vacant, former Main Post Office building will go to its original bidder, British investor …Original bidder strikes a better deal for old Chicago post officeChicago TribuneOld Main Post Office sold to original winnerCrain’s Chicago BusinessBidder Lands …
Read More »SNP accused of ‘hypocrisy’ over £8 million Royal Mail contract loss (Daily Telegraph)
SNP ministers have been accused of “utter hypocrisy” after awarding a multimillion pound postal contract to a private company instead of the Royal Mail. More: continued here
Read More »EBay profits continue to fall (BBC News)
Profits at online auction giant eBay fall by 29% as it continues to struggle amid the weak economy. More: continued here
Read More »Royal Mail loses public contract (BBC News)
The Royal Mail is delivered a fresh blow after the Scottish government awards a multi-million pound contract to a private firm. More: continued here
Read More »Skype working on business sector expansion – Reuters
Skype working on business sector expansionReutersLast month a group led by top Internet financiers in Silicon Valley and Europe agreed buy a 65 percent stake in Skype from eBay (EBAY.O) for $1.9 billion. …and more » More: continued here
Read More »EBay net income down 29% though revenue rose (Los Angeles Times)
SAN FRANCISCO — EBay Inc. said that even as third-quarter net income dipped 29 percent, its revenue rose largely because more people and merchants are using PayPal to pay for things online. More: continued here
Read More »Royal Mail strike to go ahead (Politics.co.uk via Yahoo! UK & Ireland News)
The Royal Mail strike will begin at midnight tonight after talks broke down between postal workers’ leaders and management. More: continued here
Read More »EBay Third-Quarter Profit Falls as Growth Plan Squeezes Margins (Bloomberg)
Oct. 21 (Bloomberg) — EBay Inc. , the most visited U.S. e-commerce site, reported a 29 percent drop in profit after acquiring Bill Me Later and shifting into faster-growing but less-lucrative businesses. More: continued here
Read More »3 States Accuse FedEx of Misclassifying Drivers as Independent Contractors (Insurance Journal)
Three states said Tuesday they plan to sue FedEx Corp., accusing the second-largest U.S. package delivery company of violating labor laws by illegally classifying drivers as independent … More: continued here
Read More »Business Diary: Plane Stupid gatecrash the PR party – Independent
Business Diary: Plane Stupid gatecrash the PR partyIndependentThe entrepreneurial folk at BT have been using the publicity around the strike at Royal Mail as the perfect opportunity to step up marketing of their email … More: continued here
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