UPDATE 2-EBay to cut 10 pct of jobs, sees revenue at low endReuters –13 minutes agoEBay also said it would spend more than $1.3 billion to buy companies that bolster its online payments and classifieds businesses as it seeks to improve its … More: continued here
EBay to cut 1000 jobs, buys Bill Me LaterThe Associated Press –1 hour ago(AP) — EBay Inc. says it will cut about 1000 employees, reducing its work force by about 10 percent. The online auction site also says it will get rid of … More: continued here
The move to cut about 1,000 jobs is an attempt by eBay to improve the performance of its core marketplace division, which has seen declining growth in the last few years. More: continued here
Evening Telegraph ‘Battle zone’ at main post officeEvening Telegraph, UK –17 minutes agoDundee’s main post office in Ward Road is turning into a “battle zone”, with “junkies, waifs and strays” harassing staff and customers (writes Alan Wilson). … More: continued here
Bleak outlook for post offices in North WalesDaily Post, UK –5 hours agoPOST Office staff and customers are braced for a series of branch closures starting from tomorrow. Royal Mail chiefs have consulted customers and other … More: continued here
The state’s fiscal tough times are sending more seniors to seek out food stamps to help ward off hunger pangs. More: continued here
EBay axes 1000 jobs, buys 3 companiesCBC.ca, Canada –19 minutes agoOnline auction giant eBay Inc. said Monday it was cutting about 1000 permanent employees, reducing its workforce by about 10 per cent. The San Jose, Calif. … More: continued here
Stamps' win streak halted, Burris flashes playoff formFaceoff.com, Canada –4 hours agoAccording to the Sun Times, the clueless academic thought the name was an obscenity not a real player. Fukudome's pitiful performance in the NLDS was … More: continued here
EBay Inc. did a little shopping of its own on Monday, saying it would pay $1.34 billion for online payments site Bill Me Later and two Danish classified ad Web sites. More: continued here
Telegraph.co.uk First class returns for alternative investmentsTelegraph.co.uk, United Kingdom –2 hours agoThe FTSE100 may have reached a four-year low but fine wine, art and stamps are holding their value – at least for now. By John Greenwood Three weeks after … More: continued here