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EBay Inc said on Thursday that early venture capital backer and long-time board member Robert Kagle plans to stand down as a director of the company at its next annual shareholder meeting. More: continued here

Shares of eBay Inc. rose Thursday after a Banc of America Securities analyst raised his first-quarter estimates for the online auctioneer, saying data implies strong performance during the period. More: continued here

Close your eyes and the years fall away. An inventive arpeggio on a Rickenbacker; a melodic bass line; sharp staccato drumming as the singer attempts to communicate to an unreceptive world. But this wasn’t a relatively unknown Georgian quartet playing a cold December night in the pre-Lion King Lyceum; this …

ROYAL Mail has confirmed it is to close its final-salary pension scheme to new members at the end of this month. More: continued here

Think FedEx Express!… Read more Wedding dresses, bridesmaids dresses, mother-of-the-bride…… Read more More: continued here

Royal Mail is failing to invest properly, is too inefficient and is not developing sufficient new products, the industry regulator has said in a sweeping indictment of the business. More: continued here

PRESS DIGEST – British business – March 28Reuters –2 hours agoPostcomm has said Royal Mail [GBPO.UL] is failing to invest properly, is too inefficient and is not developing sufficient new products. … More: continued here

Royal Mail was spending too much time trying to keep competitors out of the postal market and not enough on meeting the needs of users, the postal regulator warned on Thursday. More: continued here

LONDON (Thomson Financial via COMTEX) — Shares of EBay Inc. rose to their best level in nearly three months Thursday after Bank of America reiterated its buy rating on the online auctioneer on evidence the company will report strong first-quarter earnings. More: continued here

March 28 (Bloomberg) — U.K. postal regulator Postcomm criticized the U.K. postal service, Royal Mail Group Plc, accusing it of being inefficient, failing to invest properly and not developing new products, the London-based Times reported. More: continued here