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Credit card direct mail volume declined during the fourth quarter, as issuers were strained from the fallout of the subprime mortgage crisis and unsure about the economy, according to Synovate.

Two bills aimed at protecting California residents from identity theft and privacy invasion are making their way through the state legislature.

BT has acquired Fresca Ltd., a U.K. online marketing services firm.

IA Global Inc. will purchase Asia Premier Executive Business Suites Inc., a Philippine call center outsourcing company, for an undisclosed sum.

Select Comfort Corp. posted net income of $2.2 million for the fourth quarter, a decrease from $10.8 million in the prior year.

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The U.S. Postal Service reported net income of $672 million for the first quarter, compared to a loss of $2.7 billion last year.

Joseph M. Baron, executive vice president and COO at Charming Shoppes, Inc., has assumed leadership of the company's retail businesses on an interim basis, following the departure of Diane M. Paccione.

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The Federal Trade Commission has obtained a $2.5 million judgment against Sili Neutraceuticals and Brian McDaid, individually, and doing business as Kaycon Ltd. for Can Spam and FTC Act false advertising violations.