A hearing at the Senate Homeland Security and Governmental Affairs Committee where senators are expected to scrutinize Amazon Inc.'s relationship with the Postal Service has reportedly been postponed. Reuters reported on Friday that the committee has postponed the hearing, according to multiple sources. It is not clear when the hearing will be rescheduled, as the committee...
In the fast-paced age of email, the United States Postal Service has found itself struggling to survive. While the rise of e-commerce has been a blessing, it hasn’t done enough to counter the losses that the Postal Service has suffered with the declining popularity of first-class mail. As letters and...
A reader informed us that eBay has begun undercharging his buyers for international shipping - and since he can't reach anyone in eBay customer service who can help him, he's left paying the difference. The problem is proving costly for our reader, named Bill. For example, Bill said eBay charged three...
The numbers: Consumer prices rose in June at the highest yearly rate since 2012, reflecting a U.S. economy that’s running hotter than anytime since the Great Recession. The increase in the cost of living rose to a 12-month pace of 2.9% from 2.8%, marking the highest level in more than six...
Israel plans to sell off 40 percent of its state-owned national postal service by bringing in a private investor and then listing shares on the Tel Aviv Stock Exchange, the Finance Ministry said on Monday. A ministerial committee approved the sale of 20 percent of the Israel Post Co to a...