Toronto Star PayPal and eBay reach a fork in the road, announce split following pressure …Toronto StarAlmost a year after billionaire Carl Icahn opened a proxy fight pushing for the spinoff of PayPal, eBay President and CEO John Donahoe said Tuesday that, “The industry landscape is changing, and each business …
Read More »Stevenson Post Office to Close – NBC Connecticut
NBC Connecticut Stevenson Post Office to CloseNBC ConnecticutThe Stevenson Post Office at 281 Cottage Street will be closing at the end of the day because the lease is expiring and the U.S. Postal Service is looking for a new location. A mobile post office will be set up in the …
Read More »Icahn Praises Breakup of eBay – New York Times
Icahn Praises Breakup of eBayNew York TimesFor months, the activist investor called upon eBay to part with the payments processor, believing that giving the business independence would allow it to grow further. And at times, the fight grew bitter, as he clashed with an eBay director, Marc …and more » More: …
Read More »EBay Inc/PayPal Conference Call Highlights
EBay Inc's (NASDAQ: EBAY ) board approved a plan for a spinoff. This will separate eBay, with revenue of nearly $10 billion, and PayPal, which has more than $7 billion in revenue. Below are some key highlights … More: continued here
Read More »Ebay To Break Up With PayPal, Icahn Pushes For Payments Consolidation – Forbes
Forbes Ebay To Break Up With PayPal, Icahn Pushes For Payments ConsolidationForbesCarl Icahn is getting his way after all. The billionaire's push to force online marketplace eBay eBay to spin off its payments business PayPal ran into a brick wall of resistance earlier this year, but Tuesday morning the company …
Read More »Stamps Sign Brandon Jordan
The Calgary Stampeders have signed free-agent international defensive lineman Brandon Jordan. The six-foot-five, 255-lb. University of Illinois alum played 17 games for the BC Lions over the past three seasons, accumulating 23 tackles, four special-teams tackles and six sacks. More: continued here
Read More »Julia Child stamps and Andy Samberg burgers – San Jose Mercury News
San Jose Mercury News Julia Child stamps and Andy Samberg burgersSan Jose Mercury NewsThe U.S. Postal Service just released a new line of Celebrity Chefs Forever stamps that honor Child, James Beard (of course), Joyce Chen (thank you for the pot stickers) Edna Lewis (mmm, fried chicken and other Southern …
Read More »Mural in Caledonia post office among a treasured few nationwide – The Caledonia Argus (subscription)
The Caledonia Argus (subscription) Mural in Caledonia post office among a treasured few nationwideThe Caledonia Argus (subscription)So too is the WPA mural in the Caledonia post office. Painted by Edmund D. Lewandowski and titled, “Hog Raising,” the treasure at the Caledonia post office has graced the walls since 1942. Campbell …
Read More »EBay to Spin Off PayPal With New CEOs for Two Publicly Traded Companies – Re/code (blog)
EBay to Spin Off PayPal With New CEOs for Two Publicly Traded CompaniesRe/code (blog)After resisting activist shareholder pressure to do so earlier this year, online commerce giant eBay said today that it plans to separate its eBay e-commerce business from its PayPal payments unit, creating two independent publicly traded companies. …
Read More »EBay (EBAY) Off To A Strong Start In Pre-Market Activity – TheStreet.com
EBay (EBAY) Off To A Strong Start In Pre-Market ActivityTheStreet.comeBay Inc. provides online platforms, tools, and services to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. Currently there are 17 analysts that rate eBay a buy, no analysts rate it a …
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