Judge rules class-action suit against eBay and PayPal may proceedConsumerAffairsCourthouse News Service reports that eBay seller and lead plaintiff Maggie Campbell originally filed suit in 2012, complaining that eBay and PayPal (the payment-processing company owned by eBay and required for all eBay transactions) always side with … More: continued here
Read More »Why did eBay’s operating margins decline in 2nd quarter 2014?
eBay (EBAY) announced its 2Q14 earnings a few weeks back. Although the company's revenue growth of 13% was in line with expectations, its operating margins declined at a faster rate than expected. More: continued here
Read More »Police sell Michaela Hutchings’ designer haul on eBay – BBC News
BBC News Police sell Michaela Hutchings' designer haul on eBayBBC NewsDesigner clothes bought by a woman who went on a spending spree after she was credited with more than £51,000 in a council error are being sold by police on eBay. Michaela Hutchings, 23, from Lichfield, received money which should …
Read More »Can the post office save itself by becoming a bank? – Vox
Can the post office save itself by becoming a bank?VoxThat lucrative monopoly is supposed to allow the USPS to provide some loss-making services, such as extending daily mail coverage to low-income rural areas and maintaining a truly comprehensive network of post offices. A lucrative monopoly should also …For IG, the future …
Read More »Must-know: Why does eBay’s take rate keep declining?
The company's take rate is the commission eBay (EBAY) charges on the goods and services sold through its platform. Its platform consists of eBay Marketplaces as well as its payments system, Paypal. More: continued here
Read More »50 Senators Call for Moratorium on Post Office Closures – Roll Call (blog)
50 Senators Call for Moratorium on Post Office ClosuresRoll Call (blog)The letter comes as the post office has been hemorrhaging money in recent years. The agency reported Monday that it lost $2 billion in the second quarter, and $740 million compared to the same time last year. The post office …
Read More »Are UPS, FedEx Tough Enough for China’s Competitive Courier Chaos?
BEIJING (TheStreet) — Online retailing has turned China’s city streets, alleys and sometimes sidewalks into freeways for frantic package couriers zipping around on electric bikes and three-wheel carts. Rarely seen in China are the familiar mainstays of America’s package delivery business: the chocolate vans of United Parcel Service , and …
Read More »US customers complain post offices refusing mail delivery to Israel – Jerusalem Post
US customers complain post offices refusing mail delivery to IsraelJerusalem PostA number of local post offices in the United States have recently told customers that they are not accepting mail for delivery to Israel due to the conflict with Gaza, the Anti Defamation League reported on Thursday. The ADL has …
Read More »Post Office set for High Street return
A POST office is to reopen in Weston town centre just nine months after one yards away was closed. More: continued here
Read More »Former Pro-Cyclist Opens up Top-Selling Hobby Shop on eBay – Fox Business
Former Pro-Cyclist Opens up Top-Selling Hobby Shop on eBayFox Business“We're kind of a creative inventory solutions company,” The Pro's Closet CEO Nick Martin says. “Where you can expect the same service you'd get at your local bike store.” (According to eBay, there are over 3,000 small businesses selling bike … …
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