In other news Wednesday, the U.S. Postal Service abandoned a plan to shutter 3,700 service locations. Under the new plan, more than 13,000 rural mail facilities may have to cut back hours of operation but no locations will close. Also,…
The likelihood that a stamped letter could reach its destination by the next day will be virtually eliminated due to billions in U.S. Postal Service cuts announced Monday. Postmaster General Patrick Donahoe joins Gwen Ifill to discuss the cuts and…
The head of the U.S. Postal Service told lawmakers Tuesday that radical changes are needed to avert a financial collapse. Gwen Ifill leads a debate over what can be done to stave off a shutdown with Postmaster General Patrick Donahoe…
Neither snow nor rain will stop the mail, but red ink might. Facing as much as $238 billion in losses over the next decade, the Postal Service announced Tuesday it will move to scale back its delivery schedule to five…
U.S. Postal Service rate hikes and service cuts, including Saturday delivery, are in the works due, in part, to competition from online services and private carriers. Jeffrey Brown asks a Washington Post reporter and a Stanford University economics professor whether…
Economists at the International Monetary Fund predict that the global economy will grow by less than one percent in 2009 and Iraqis went to the polls for early voting in provincial elections, with the rest of the country set to…
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