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Financial Times Royal Mail sale lost £180m for the taxpayer, report to revealFinancial TimesThe government sold 60 per cent of Royal Mail in October 2013 at 330p a share, raising nearly £2bn. But the shares rose 38 per cent on the first day of trading, prompting a political outcry, and …

Ohio took away a woman's welfare and food stamps because she didn't report …VoxLast May, Kimberly Thompson, a warehouse worker in Columbus, Ohio, had a hysterectomy. The operation left her unable to do physical work and so Thompson, a warehouse worker, applied for Medicaid, welfare and food stamps while she …

A U.K. government-commissioned inquiry into the sale of Royal Mail (RMG) Group Plc will call for changes to the way initial public offerings are managed in London, according to a person familiar with its findings. More: continued here

Dec. 17 (Bloomberg) — FedEx reports second-quarter results that fell short of expectations, but reaffirmed their 2015 profit forecast. Bloomberg’s Scarlet Fu reports on “Bloomberg Surveillance.” More: continued here

The Government could have achieved more money for the taxpayer from its sale of Royal Mail, but not as much as the £1 billion suggested by some critics, an official report is expected to say. More: continued here

MILLIONS of cards, letters and presents are being sorted across the country as postal workers deal with their busiest day of the year. More: continued here

For all of eBay's talk about notifying users about its deep, devastating database breach –in which hackers swiped customer names, email addresses and physical addresses, phone number, date of birth, and yes, encrypted passwords–an official notification of the incident has yet to hit my inbox, and judging from reactions on …

MEMPHIS, Tenn. (AP) — FedEx's second-quarter earnings jumped 23 percent, but the package delivery company missed Wall Street forecasts and left its expectation for the full fiscal year unchanged. More: continued here

The former e-commerce head for eBay will manage the Hootsuite's portfolio of products and services – which is on a pretty strong growth trajectory following the company's $60 million funding round in September. More: continued here

Residents of Chestnut Grove, in Sandiacre, Nottinghamshire, have to trek to a post office a mile away every day if they want their post on time and have no idea if their post will be delivered again. More: continued here