Internet auction house EBay Inc plans to sell a majority stake in its online phone unit Skype for $1.9 billion to private investors including Silver Lake, a deal analysts said was worth more than expected but may curb eBay’s growth potential. More: continued here
Read More »As consumers slow down, FedEx and UPS… – The Associated Press
The Associated Press As consumers slow down, FedEx and UPS adaptThe Associated PressAt the James A. Farley Post Office in Manhattan on Monday, Hung Le, 35, was packaging up stacks of wedding invitations to send to his parents — in a box …and more » More: continued here
Read More »Milla Jovovich sells Beverly Hills ho… – Los Angeles Times
Milla Jovovich sells Beverly Hills home for $2.75 millionLos Angeles TimesThe actress and supermodel's Post Office area home features high ceilings, hardwood and stone floors and a well-appointed master bedroom suite. …and more » More: continued here
Read More »As consumers slow down, FedEx and UPS adapt (San Francisco Chronicle)
When Wall Street collapsed, the paper stopped. Memos, invoices and order forms were left unsent. At package delivery behemoths FedEx and UPS, last fall’s meltdown and the worst recession in a generation has meant a sharp drop-off in the number of documents… Sponsored Topics: FedEx – United Parcel Service – …
Read More »Post office to be the new place to get insurance (The Age)
Australia Post will use its network of more than 4400 shops to enter the personal insurance market. More: continued here
Read More »FedEx Cup playoffs wide open after first round at Liberty National (Golf Magazine)
The start of the FedEx Cup playoffs provedthat what happened at Hazeltine did notstay there. More: continued here
Read More »EBay Confirms Sale of Skype Stake (New York Times)
EBay confirmed Tuesday that it would sell a majority interest in its Skype Internet calling division to a group of private investors. More: continued here
Read More »Post office hours (Rushville Republican)
Rushville Post Office has been operating on summer hours (9 a.m. to noon and 1 to 4 p.m.). More: continued here
Read More »Town postal workers plan strike (BBC News)
Postal workers in King’s Lynn announce the date of a new strike in their fight against Royal Mail modernisation plans. More: continued here
Read More »EBay partially undoes Skype deal, selling majority (AP via Yahoo! News)
Rather than enduring the uncertainty of spinning off the Skype telecommunications service through a public stock offering, eBay Inc. has found a different way out: It is selling the majority of Skype for about $2 billion to a group of private investors. More: continued here
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