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U.S. Postal Service Posts $740 Million Loss And May Default On Pension Payment
Friday, August 9, 2013 - 3:32pm | 493Read More...According to a statement released by the U.S. Postal Service on Friday, it lost $740 million over the last three months, increasing its year-to-date net loss to $3.9 billion. Despite claiming to have taken aggressive action to contain costs and increase efficiency, including a decrease in...
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How to Profit from Possible US Postal Service Bankruptcy
Tuesday, September 6, 2011 - 7:01am | 620Read More...The United States Postal Service is so low on cash that it might not be able to make a $5.5 billion payment that is due this month and could even be forced to shut down by the end of the year as it racks up billions of dollars in losses. Postmaster General Patrick Donahoe is scheduled to speak...
