WASHINGTON — The U.S. Postal Service lost $2 billion this spring despite increasing its volume and charging consumers more money to send mail, officials said Monday.
In other news Wednesday, News Corp chairman Rupert Murdoch appeared before a British inquiry panel to refute charges he had too cozy a relationship with Britain’s top politicians, among them former Prime Minister Tony Blair. Also, the U.S. Senate voted to slow down service cuts to the ailing U.S. Postal Service. Continue reading
In an effort to cut costs, the U.S. Postal Service announced more than 100,000 possible layoffs this week in addition to many post offices that are already targeted for closure. Tom Bearden reports how the closures might affect people and businesses in one small town in western Colorado. Continue reading