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Downtown post office deal – About – Cities & Towns

Downtown post office dealAbout – Cities & TownsFor years, the City of Reno and the U.S. Postal Service have been dancing around with the sale of the historic downtown post office building. It finally looks like a deal everyone can live with has been reached. Historic post office building in …

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Post Office losing $57 million per day

WASHINGTON — The nearly bankrupt U.S. Postal Service on Thursday reported losses of $57 million per day in the last quarter and warned it will miss another payment due to the U.S. Treasury, just one week after its first-ever default on a payment for future retiree health benefits. More: continued …

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Post Office losing $57 million per day – Oneida Dispatch

San Francisco Chronicle Post Office losing $57 million per dayOneida DispatchThose expenses, mandated by Congress in 2006, made up $3.1 billion of the post office's quarterly loss, while workers compensation tacked on another $1.1 billion in expenses. The agency's operating loss was $1 billion, mostly due to declines in first …

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