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Reuters
EBay follows Icahn's advice, plans PayPal spinoff in 2015
Reuters
(Reuters) - EBay Inc (EBAY.O) plans next year to spin off PayPal, its fast-growing payments business, giving in to activist investor Carl Icahn's argument for a leaner company better equipped to compete in the competitive mobile payments market. EBay's …

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eBay And PayPal To Split Into Two Separate Companies - TechCrunch (blog)

ebay September 30th, 2014
eBay And PayPal To Split Into Two Separate Companies
TechCrunch (blog)
eBay and PayPal are going their separate ways, with the payments company moving out from under the eBay umbrella to form its own, publicly-traded company. The move follows a strategic review conducted by eBay, Inc. and its Board of Directors, and is …

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EBay to Split Off PayPal as Mobile Payments Gain Ground - Bloomberg

ebay September 30th, 2014

Bloomberg
EBay to Split Off PayPal as Mobile Payments Gain Ground
Bloomberg
EBay Inc. (EBAY), the world's biggest online marketplace, said it would split off its payments arm PayPal, finally bowing to pressure from activist shareholder Carl Icahn after nine months. EBay and PayPal will become independent companies in 2015

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Small post offices to cut hours

Post Office September 30th, 2014

Beginning Monday, the post office on Route 202 in Winthrop will reduce its hours and a familiar face will be stepping away from the counter. David Shepherd has spent 35 years working for the U.S. Postal Service, the last 12 serving as the postmaster for the office in East Winthrop. “You’re almost like a bartender in a way — people come in and they talk to you and they make good conversation and …

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Small post offices to cut hours - WMTW Portland

Post Office September 30th, 2014
Small post offices to cut hours
WMTW Portland
Rural post offices in Maine are going through a transition. In 2012, the Postal Service released what it called the “Post Plan,” which will cut windows at rural post offices as an alternative to closing them. Starting next week, more than 200 post

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Post Office hiring 170 seasonal positions in CLE

Post Office September 30th, 2014

The United States Postal Service announced on Tuesday it is looking to hire 170 seasonal positions in Cleveland.

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Factbox - EBay CEO's comments since January on PayPal spinoff

ebay September 30th, 2014

(Reuters) - EBay Inc agreed on Tuesday to spin off its payments unit, PayPal, in the second half of 2015, after rebuffing activist investor Carl Icahn's proposal in January. Following are comments by eBay Chief Executive John Donahoe on PayPal spinoff since then: Jan. 22 - During fourth-quarter earnings call "PayPal and eBay make sense together for many reasons. First, eBay accelerates PayPal's …

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eBay to split off PayPal online payment business - BBC News

ebay September 30th, 2014

BBC News
eBay to split off PayPal online payment business
BBC News
E-commerce site eBay is planning to split off its payments system PayPal into a separate company. News of the move, which is expected to be completed in the second half of 2015, sent eBay's shares 7% higher. It is a reversal of strategy for the company

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U.S. Postal Service gives its emphatic stamp of approval to iconic American chefs - Chicago Business Journal

stamps September 30th, 2014

Chicago Business Journal
U.S. Postal Service gives its emphatic stamp of approval to iconic American chefs
Chicago Business Journal
As promised, the United States Postal Service has lifted the curtain on a series of limited edition celebrity chef postage stamps, which officially went on sale yesterday at post offices around the country. Fittingly, the unveiling ceremony took place

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eBay and PayPal split: Two other spin-offs that make sense

ebay September 30th, 2014

Michael Crofton of Philadelphia Trust has two more spin-offs that make sense

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