U.S. Postal Service Reports $5 Billion Loss [Headlines]
The government has been working on ways to rescue the ailing Postal Service, which reported a massive loss on Tuesday.
- 17 november 2011
The U.S. Postal Service released its annual financial results on Tuesday, and they’re nothing to write home about.
The agency reported an annual loss of $5.1 billion, as declining mail volumes and mounting benefit costs take their toll.