A groundbreaking “people’s bank”, offering a full range of financial services and using the UK network of 12,000 post offices, is being promoted by Peter Mandelson, the business secretary. The plan to use the remaining post office outlets as the backbone of a new national bank would head off a Labour revolt over Royal Mail…
The battered U.S. economy took a bite out of UPS’ bottom line as consumers spent less and sent fewer packages in the last three months of 2008. The company Tuesday posted fourth-quarter sales and volume declines and said it will freeze management salaries and suspend 401(k) matches for employees to help UPS weather a difficult…
IPOH, Feb 3 (Bernama) — Special issues stamps to commemorate the silver jubilee of the Sultan of Perak Sultan Azlan Shah’s reign was launched at the Ipoh Municipal Council here today. More: continued here
The Calgary Stampeders will begin defence of their Canadian Football League title on Wednesday, July 1, 2009 with a rematch of the 2008 Grey Cup. They’ll open the regular season by playing host to the Montreal Alouettes at McMahon Stadium with an 8 p.m. kickoff. More: continued here
Mississippi state jet to land on eBay?SmartBrief, DC –2 hours ago… but critics say the state has more important priorities, such as fixing roads, and there has even been talk of selling the jet on eBay. … More: continued here
BBC News Oscar winning Aussies go postalBBC News, UK –5 hours agoThey have each been presented with 24-carat gold replicas of their special edition 55 cent (25 pence) stamps. Cate Blanchett said she felt "utterly, …Movie Buffs Have Rare Opportunity to Collect Oscar StampsPR Newswire (press release)"I'm going to be licked by millions of Australians and I…
OpenTable issued a preliminary prospectus for a $40 million IPO (initial public offering) on January 30, 2009. OpenTable offers a free online restaurant-reservation service for consumers at OpenTable.com, and offers restaurants an online reservation booking system. OpenTable CEO Jeff Jordan was previously a top executive at eBay, heading its North America marketplaces business from 2000…
A man accused of placing two suspicious FedEx packages at the U.S. District Courthouse in Jackson has been indicted by the Madison County Grand Jury. More: continued here
The most popular phone number in the 1980’s is up for sale on eBay. The number 867-5309, from the hit Tommy Tutone song “Jenny,” is listed on the auction site with 125 bids already taken. More: continued here
CVC Capital Partners, the private equity group, has shuffled its European postal assets, selling its stake in the Danish post office and increasing its stake in the Belgian one as it considers an investment in Royal Mail of the UK. More: continued here