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The faltering U.S. economy and rising fuel costs have dealt a blow to Memphis’ delivery giant, FedEx. FedEx cut its expectations for fourth-quarter earnings to be $1.45 to $1.50 a share, compared to its prior forecast of $1.60 to $1.80 a share … More: continued here

After FedEx Corp. cut its fiscal 2008 forecast this weekend, analysts said higher fuel costs and decreased demand will weaken the shipping company’s profit into fiscal 2009 as well. More: continued here

SAN JOSE, Calif. — EBay is exploring whether to require customers to use its online payment service PayPal, a move that has angered users and prompted antitrust scrutiny in Australia, where a PayPal-only rule takes effect next month. More: continued here

Post office fraud charge committalShropshire Star, UK –1 hour agoA postmistress from a village near Bridgnorth, accused of defrauding the Post Office of £80563, appeared in court today. Tina Doughty, 42, of Cleobury North … More: continued here

The price of stamps has gone up from 41 cents to 42 cents as of May 12, 2008. Anticipating a run on penny postage, the U.S. Post Office printed one and a half billion one cent stamps. More: continued here

EBAY Australia is confident a revamp of its payment arrangements will be approved by the ACCC in a matter of weeks. More: continued here

Los Angeles-based MySpace said Thursday morning that it has launched a new initiative to allow Yahoo, eBay, Photobucket, and Twitter to pull public profile data into their websites. MySpace said its “Data Availability” effort will allow users to dynamically share their public profile information with other sites. MySpace will allow …

Disabled woman launches legal battle over post office closuresHastings Observer, UK –4 hours agoJudy Brown has gone to London's High Court seeking judicial review of a series of decisions by the Royal Mail and two Government ministers which underpin …High Court row over post office closure plansHorsham TodayDisabled woman challenges post office …

Mississauga, Ontario – May 12, 2008 – CCEOC Inc. today announced that all three FedEx Canada’s Customer Service Centres have achieved the Contact Center Employer of Choice(R) designation for 2008. This is the 5th year in a row FedEx has participated in the program and achieved certification. More: continued here

Now Council delivers its objections to Post Office closure planBallymena Times, UK –4 hours agoIn particular, they object to the closure of Salisbury Square Post Office at Harryville. There has been a Post Office at Salisbury Square for 103 years and …Lindfield post–office to re-openBexhill ObserverCity MP's verdict on post office cullNorwich …