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Package delivery giant and economic bellwether FedEx Corp reported a 75 percent drop in profit due to the global recession, gave a low quarterly outlook and said it was taking fresh actions to cut costs. More: continued here

Washington Times Intel elects board members, Bartz resignsCNET News, CAThe chipmaker said Thursday that John J. Donahoe, CEO of eBay, and Frank D. Yeary, vice chancellor of the University of California at Berkeley, have been elected to serve on Intel's board of directors. Concurrently, Intel announced that Carol Bartz, …Intel appoints …

Starting this spring, Loveland residents could see a different mail carrier or have their mail delivered at a different time. Loveland’s post office, like those across the country, is evaluating each of its routes to identify where adjustments can be made and routes can be consolidated or rearranged. More: continued …

10TV Food Stamp Rules Called ‘Offensive’MSNBCBy AP LEBANON, Ohio—A southwest Ohio county is threatening to ignore new food stamp rules because officials say relatively well off people are getting benefits. Commissioners in Warren County near Cincinnati said Tuesday they want to go back to the old …Senator wants limit on …

HAMILTON — The practice of giving food stamps to those who have expensive home and thousands of dollars in the bank drains funds for the truly needy, Butler County commissioners said this morning, March 19. More: continued here

FedEx Corp. said Thursday it plans to cut more jobs and trim wages again, as the company reported its fiscal third-quarter profit tumbled 75 percent on severe weakness in the global economy. More: continued here

U.S. News Rankings & Reviews Fastest Production Car Ever Built for Sale on eBayU.S. News Rankings & Reviews, VAIt's for sale on eBay. Autoblog explains, "The actual SSC Ultimate Aero TT that set the Guinness-certified top speed record for a production car is up for auction on eBay with your name …

BBC News Government 'open to Post ideas'BBC News, UKThe government is open to alternatives to selling off part of the Royal Mail, Labour chief whip Nick Brown has said. Mr Brown said Royal Mail had to be modernised but said the government was "still listening" if people had ideas for "other …

Analysts from Cowen and Company attended the 3rd Annual Internet Merchants Association (IMA) Conference in Las Vegas this month. They found seller sentiment on eBay remains extremely negative, including widespread skepticism of the company’s recently announced turnaround plan. More: continued here

Package delivery giant and U.S. economic bellwether FedEx Corp said on Thursday it was taking market share despite a recession that drove its profit down 75 percent, and its shares jumped. More: continued here