EBay will spin off PayPal, giving in to Carl IcahnLos Angeles TimesOnline marketplace EBay Inc. is bowing to investor pressure by spinning off its payment business PayPal into a separate publicly-traded company by 2015. Wall Street cheered the news Tuesday and pushed up shares of EBay by 6.8% to $56.24 …
Read More »US Postal Service Debuts Batman-Themed Stamps – Superherohype.com
US Postal Service Debuts Batman-Themed StampsSuperherohype.comThough the Dark Knight previously appeared on a set of stamps back in 2006, the US Postal Service have revealed (via USA Today) another set featuring the Caped Crusader to mark his 75th Anniversary. Consisting of five stamps, the series will showcase … More: continued here
Read More »The Crocodile And The Shark: Could Alibaba Swallow eBay? – Forbes
Forbes The Crocodile And The Shark: Could Alibaba Swallow eBay?ForbesOn Tuesday, eBay eBay announced that it would spin off its PayPal subsidiary by next year, splitting its marketplace from its lucrative payments arm to better realize different core businesses. While the separation puts an end to months of speculation …Without …
Read More »EBay Does About-Face in Decision to Spin Off PayPal – New York Times
New York Times EBay Does About-Face in Decision to Spin Off PayPalNew York TimesOnly six months earlier, eBay had rejected Mr. Icahn's call to spin off PayPal, the payment processor, which generated nearly half of the overall company's revenue. At the time, management insisted that keeping the company together made …
Read More »EBay spinning off PayPal as separate company – CNNMoney
New York Times EBay spinning off PayPal as separate companyCNNMoneyDevin Wenig, currently president of eBay Marketplaces, will become CEO of the new eBay. The company also announced the appointment of Dan Schulman, an executive of American Express (AXP), to be the president of the PayPal unit until the split, and …
Read More »Quake damage, asbestos dust trap mail at post office – Napa Valley Register
Quake damage, asbestos dust trap mail at post officeNapa Valley RegisterNapa's downtown post office building remains closed for earthquake repairs, leaving some mail trapped inside the Franklin Street location because of quake damage and asbestos contamination. Mail belonging to customers who have P.O. boxes inside the … More: continued here
Read More »Quake damage, asbestos dust trap mail at post office
Napa’s downtown post office building remains closed for earthquake repairs, leaving some mail trapped inside the Franklin Street location because of quake damage and asbestos contamination. More: continued here
Read More »EBay to Split off Lucrative PayPal Business – ABC News
ABC News EBay to Split off Lucrative PayPal BusinessABC NewsThe move comes after months of pressure from activist investor and billionaire Carl Icahn, who has a 2.5 percent state in eBay, according to FactSet. EBay CEO John Donahoe had been adamant that splitting off PayPal was the wrong move for …
Read More »eBay to Spin Off PayPal – TIME
eBay to Spin Off PayPalTIMEEBay has unveiled a plan to separate the company's namesake company and its PayPal business, creating two independent publicly-traded companies next year — a separation that activist investor Carl Icahn called for earlier this year. The move, which is … More: continued here
Read More »Stamps to host Kangaroos in opener Friday
The defending 2014 Coy Cup champion Williams Lake Stampeders will open the Central Interior Hockey League season at home this Friday. More: continued here
Read More »