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FedEx says it will cut costs by $1 billion a year. More: continued here

eBay, the world’s leading online marketplace, today announced the launch of the eBay Green Team, a new initiative that champions smart ways to shop green and encourages more sustainable buying choices More: continued here

LONDON, March 19 /PRNewswire/ — Royal Mail today launched a new industry resource to provide intelligence, inspiration and innovation for marketers and help them make the most of direct mail in their integrated marketing campaigns. More: continued here

Today in Parliament reports on exchanges revealing that strikes at Royal Mail made up 60% of all industrial action during 2007 in the UK. More: continued here

The U.S. Army is honoring a Maine soldier who was killed in Iraq by naming a military-run post office in Baghdad after him. More: continued here

The St. Cloud Post Office, 4701 Old Canoe Creek Road, received a new automated postal center in addition to the existing one. The public was invited to attend the APC ribbon-cutting ceremony at the St. Cloud Post Office on Wed-nesday. Postal personnel were on site to demonstrate the use of …

A contingent of officials from around the region met with United States Postal Service representatives this week to make their case against closing the Freehold post office. More: continued here

Package delivery company FedEx Corp reported a sharply lower quarterly profit due to the global economic downturn and said it was taking fresh actions to cut costs. More: continued here

'Wealthy' food-stamp recipient stirs potColumbus Dispatch, OHOfficials in Warren County say the unnamed food-stamp recipient with $80000 in savings, a $300000 home and a Mercedes proves that the state should scrap new rules that count income, but not assets, to determine eligibility. Food-stamp advocates think … More: continued here

A real estate investor who bought an old Ohio school at auction has made a $40,000 profit reselling it on eBay. More: continued here