Post office nears historic default on $5B payment; says it's losing $25M a dayIn-Forum“I think for my generation it was a great asset — if you had a letter or package and you needed it to get up to the North Pole, you knew it would be delivered,” said Jim Husa, 87, of Lawrence, Mich.,…
Postal service to default on $11.1b billBoston GlobeRobert ray/associated press. Jim Husa, 87, standing outside a Post Office after mailing some letters in his Michigan hometown, said: ''Times have changed, and we old-timers know that. FedEx and UPS and the Internet seem to be making the Postal Service … More: continued here
Gardai have appealed for witnesses after a robbery at a post office. More: continued here
It's D-Day for the Post OfficeNew York TimesWelcome to the week the United States Postal Service defaults on a major obligation. D-Day is Wednesday, Aug. 1, when the Postal Service is obligated, by statute, to make a $5.5 billion payment, money that is supposed to be put aside to “prefund … More: continued here
Historic status sought at post office siteStamford AdvocateGreenwich resident Peter Malkin's company, Greenwich Retail LLC, purchased the former post office at 310 Greenwich Ave., for $15 million last year. Malkin is also principal owner of the Empire State Building, company. He's asking the Planning and … More: continued here
For years, folks have constantly complained about the traffic problems at the U.S. Post Office in downtown Marion. Both city and county officials thought last year they had come up with a quick and simple way to relieve some of the congestion there. More: continued here
WASHINGTON – The U.S. Postal Service is bracing for a first-ever default on billions in payments due to the Treasury, adding to widening uncertainty about the mail agency's solvency as first-class letters plummet and Congress deadlocks on ways to stem the red ink. More: continued here
La Crosse man banned from post office as part of threat sentenceLa Crosse TribuneA La Crosse man found guilty of causing a bomb scare is banned from the post office under stipulations a judge handed down Monday in granting him a conditional release. Paul Weber, 49, was found guilty on July 10 after he entered…
Jim Husa, 87, reflects on the U.S. Postal Service's problems as he stands outside a U.S. Post Office in his home town, Lawrence, Mich. More: continued here
Post office nears historic default on $5.5 billion paymentAustin American-StatesmanWASHINGTON — The U.S. Postal Service is bracing this week for a first-ever default on billions in payments to the Treasury, adding to widening uncertainty about the mail agency's solvency as first-class letters plummet and Congress deadlocks on ways … More: continued here