Ministers are willing to cede overall control over the appointment of Royal Mail’s chief executive and other key “operational matters” to a minority shareholder in the postal operator, it emerged on Monday. More: continued here
Read More »Royal Mail privatisation plan goes ahead (The Herald)
The government pressed ahead yesterday with its controversial plans to part-privatise the Royal Mail in the face of opposition from Labour MPs and unions, pledging to use money from the sell-off to modernise the business. More: continued here
Read More »Three Concerns over eBay's Q1 – Seeking Alpha
Three Concerns over eBay's Q1Seeking Alpha, NYeBay (EBAY) filed its first quarter 10-Q at the end of April, and the stock price launched. With two highly lucrative toll-booth businesses—brokered sales and payment services (Paypal)—and an exceedingly low price (briefly selling below $10 per share … More: continued here
Read More »OKC facility serves as 'Pentagon's ebay' home for surplus inventory – Journal Record (subscription)
Journal Record (subscription) OKC facility serves as 'Pentagon's ebay' home for surplus inventoryJournal Record (subscription), OK“They refer to us as ebay for the Pentagon,” said company President Tom Burton, a Lawton native. He said the company gets 8000-10000 items per week. “The volume and variety exceed most people's imagination,” Burton said. …
Read More »Investors in TNT warn on Royal Mail deal (Financial Times)
The fraught efforts to part-privatise Royal Mail encountered further difficulties yesterday after investors in TNT, the frontrunner to buy a stake in Britain’s state-owned postal operator, cautioned against the move. More: continued here
Read More »3rd Circuit: When Serving Post Office, Don't Rely on Mailbox Rule – Above the Law
3rd Circuit: When Serving Post Office, Don't Rely on Mailbox RuleAbove the Law, DCIf you're filing a claim against the postal service, don't just drop it in the mail because the courts won't apply the ordinary presumption that a letter mailed is a letter received. In a holding fraught with irony, …
Read More »Does Proctor's future include a post office? – Duluth News Tribune
Does Proctor's future include a post office?Duluth News Tribune, MNThe US Postal Service has no immediate plans to shutter the Proctor Post Office, Duluth's interim Postmaster Arby Humphrey said, though the facility is on a list of possible closures. The US Postal Service has no immediate plans to shutter the Proctor …
Read More »Potential post office closure KUCB News UNALASKA, AK (2009-05-11) – KIAL
Potential post office closure KUCB News UNALASKA, AK (2009-05-11)KIAL, AKThe United States Postal Service is considering closing one of the post offices in town but no decision has been made yet. Postal Service communications specialist Ernie Swanson said a special committee is considering the consolidation of post offices … More: continued …
Read More »Post Office Removing Some Neighborhood Boxes – WCCO
Post Office Removing Some Neighborhood BoxesWCCO, MNIn the past year, the US Post Office has removed 400 mailboxes in Minnesota and Western Wisconsin, and not everyone postal customer is happy about that. Barry Margolis doesn't own a car and used to ride his bike to the corner mailbox to mail his …
Read More »Bidding to cut costs, eBay closes a customer service center in … – InternetRetailer.com
Bidding to cut costs, eBay closes a customer service center in …InternetRetailer.com, ILMoving to make good on last month's promise to trim costs, eBay Inc. has announced plans to close a Vancouver, Canada, customer service center that employs 700 workers. The facility will close by Sept. 30. The online auction giant …
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