As profits dive, it’s clear this management isn’t modernising, it’s running the company into the ground – but why? Royal Mail’s profits fell from £180m in 2009 to £39m in 2010, a drop of around 78%. That sounds pretty disastrous, and is one of the reasons given for the impending privatisation of the company. However,…
Politico Post office stops payments to retirement fundTampabay.comWASHINGTON — To stave off insolvency, the Postal Service announced Wednesday it will discontinue legally required payments to its employees' retirement fund starting Friday. The post office's announcement said it hoped to save $800 million in the …Issa Warns of New Bailout as Postal Service Suspends Pension ContributionsFox…
More than 50 members from the town of Cane Hill Arkansas attended a meeting Wednesday night to fight to save their post office. More: continued here
Did the Camden postal service fail to quickly deliver important mail to residents of a city neighborhood just to save money? More: continued here
The people who live in the tiny Oswego County town are taking on federal officials in an attempt to save their post office. The U.S. Postal Service has been losing money for years. It is looking to close unprofitable postal offices, most of which are in small rural towns. More: continued here
Demetrice Morley made a great first impression. More: continued here
Chard model painter banned from selling Adolf Hitler on eBayThis Is The WestcountryPhilip Fursman has been buying plain models from a UK company, painting them and then selling them on the eBay website for a number of years for a small profit. But he fell foul of the site's policies when he tried to sell…
Beginning in August, people in Eldridge may see a change in their mail delivery times and fewer workers at the post office on West LeClaire Road. More: continued here
Stamps win tackle tradeCANOEWhile McNeal is still on the bubble with the Stamps, Davis will likely be getting a roster spot to start the season. With Corey Mace as the starter, Davis will likely see regular time in the rotation and play a key role. Clearly, the Stamps come out … More: continued here
Downtown post office to close during renovationChicago Sun-TimesThe Washington Street post office will be temporarily closed starting Saturday as renovation work begins on the historic structure. The building's newest co-tenant, Naperville Bank & Trust, is set to begin work to turn a portion of the building into a … More: continued here