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Yahoo agreed to sell its stake in South Korean e-commerce site Gmarket on Thursday following eBay’s offer to buy the company’s outstanding shares, part of a bid to strengthen its presence in South Korea. More: continued here

EBay Inc. said Thursday it plans to pay as much as $1.2 billion for control of South Korea’s top online marketplace, potentially one of the company’s largest acquisitions as it moves to expand in Asia. More: continued here

This weekend the Duke of Edinburgh becomes the longest-serving royal consort Lisa Jones looks at how he has carved out a role for himself More: continued here

There will be less time to drop off and pick up mail at the Sconset post office once the U.S. Postal Service slashes its hours next month amid nationwide cutbacks to address its ongoing financial crisis. More: continued here

MiamiHerald.com US Stocks Waffle After Early Gains; DJIA Down 1.7 PointsWall Street JournalElsewhere, eBay was back in the spotlight as the online auctioneer said it would pay up to $1.2 billion, or $24 a share, for Korea's Gmarket. Yahoo has agreed to sell its 10% Gmarket stake to eBay. Gmarket …

Postcomm Puts Royal Mail Pricing On IceHell Mail, UKUK postal regulator, Postcomm, has announced it is to make no changes to existing Royal Mail price control arrangements. The decision follows discussion with interested parties and the ongoing progression of the Postal Services Bill being championed by … More: continued here

It’s the philatelic version of the Land of Lincoln: A collection of some 10,000 stamps, all featuring the nation’s 16th president, is going on the auction block this week. The collection, painstakingly amassed by an admirer of Abraham Lincoln, carries a pre-sale price estimate of more than $2 million, according …

Nantucket Island Inquirer Sconset post office a victim of budget cutsNantucket Island Inquirer, MABy Eliot Baker There will be less time to drop off and pick up mail at the Sconset post office once the US Postal Service slashes its hours next month amid nationwide cutbacks to address its ongoing financial …

EBay Inc. said Thursday it plans to pay as much as $1.2 billion for control of South Korea’s top online marketplace, potentially making it one of the company’s largest acquisitions as it moves to expand in Asia. More: continued here

EBay Inc. said Thursday that it expects to remain a “significant” shareholder after spinning off its Internet communications service Skype. More: continued here