ITV.com Royal Mail sell-off hits new hurdleFinancial Times, UK – Jean EagleshamBy Jean Eaglesham, Chief Political Correspondent Gordon Brown suffered another setback to his plans to part-privatise Royal Mail on Wednesday, as one of the front-runners to buy a stake in the state-owned postal operator pulled out of the bidding. …Haggling puts privatisation …
Read More »Haggling endangers Royal Mail plan (Guardian Unlimited)
The planned part privatisation of Royal Mail was plunged into further disarray tonight after it emerged that the frontrunner, the Dutch firm TNT, was refusing to match the government’s valuation of the business. Government officials from Lord Mandelson’s business department involved in the auction process are also understood to have …
Read More »City Council votes to extend Bondurant post office lease – DesMoinesRegister.com
City Council votes to extend Bondurant post office leaseDesMoinesRegister.com, IA – Aaron W. JacoBy AARON W. JACO • ajaco@dmreg.com • May 6, 2009 Bondurant leaders are likely to approve on May 18 a deal with the United States Postal Service that would keep the city's post office at its current location for three, …
Read More »Post office has $1.9 billion loss in quarter (The Toledo Blade)
WASHINGTON The post office was $1.9 billion in the red for the second quarter of the fiscal year and continues to face the possibility of running out of money before years end. The agency cited the recession and movement of mail to electronic communications in announcing the loss on Wednesday. …
Read More »Former eBay CEO Meg Whitman Wants to Be California's Next Governor – FOXNews
Former eBay CEO Meg Whitman Wants to Be California's Next GovernorFOXNewsThe former eBay chairman should know. She built eBay from a company with just 30 employees to one with 15000 workers and $8 billion in revenues. Now she wants to do the same for cash-strapped California and is running for …
Read More »eBay’s Vancouver Facility To Be Shut Down (redOrbit)
EBay, an online auction site, announced plans to close a customer service facility in Vancouver that employs 700 people.According to a statement by eBay, the closing of the Canadian facility is suppose to be completed by September 30 of this year, and is part of a plan to “consolidate its …
Read More »Arrest after post office robbery (BBC News)
Police arrest a man, 24, following a post office robbery in which the sub postmaster was injured. More: continued here
Read More »Post office has $1.9 billion loss in quarter (AP via Yahoo! News)
The post office was $1.9 billion in the red for the second quarter of the fiscal year and continues to face the possibility of running out of money before year’s end. More: continued here
Read More »FedEx to Use Federal Grant for Electric Lift Trucks (Fleet Financials)
SPRINGFIELD, MO – FedEx will get $1.3 million to deploy 35 fuel cell systems as battery replacements for a complete fleet of electric lift trucks at its existing service center in Springfield, Miss. More: continued here
Read More »Post office has $1.9 billion loss in quarter (Boston Herald)
WASHINGTON – The post office was $1.9 billion in the red for the second quarter of the fiscal year and continues to face the possibility of running out of money before year’s… More: continued here
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