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National business briefs | Post office dire straits; IBM layoffs; Paulson book (The Kansas City Star)

March 25, 2009 Post Office 0

The post office will run out of money this year unless it gets help, Postmaster General John Potter told Congress on Wednesday as he sought permission to cut delivery to five days a week. The agency lost $2.8 billion last year and is looking at much larger losses this year. …

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Ex-addict admits using food stamps to get drugs (The Register-Herald)

March 25, 2009 stamps 0

Welfare recipient Brian Caldwell acknowledged Wednesday he often swapped food stamps for drugs and suggested most on public assistance still engage in the shady practice. More: continued here

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FedEx Plays Hardball Over Possible Union Move (The Memphis Daily News)

March 25, 2009 FedEx 0

FedEx Corp. might rescind its option to purchase $6.7 billion worth of Boeing aircraft if Congress passes a law that would classify the company under …. More: continued here

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States consider drug tests for welfare recipients (AP via Yahoo! Finance)

March 25, 2009 stamps 0

Want government assistance? Just say no to drugs. Lawmakers in at least eight states want recipients of food stamps, unemployment benefits or welfare to submit to random drug testing. More: continued here

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Postal Chief Says Post Office Running Out of Money (The Memphis Daily News)

March 25, 2009 Post Office 0

WASHINGTON (AP) – The post office will run out of money this year unless it gets help, Postmaster General John Potter told Congress on Wednesday as he…. More: continued here

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FedEx Boeing 777 orders at risk over legislation (Everett Herald)

March 25, 2009 FedEx 0

FedEx could cancel contracts for $6.7 billion in jets assembled in Everett by the Boeing Co. if Congress makes it easier for unions to organize the delivery giant’s workers. More: continued here

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Post office continues to struggle financially (Concord Monitor)

March 25, 2009 Post Office 0

The post office will run out of money this year unless it gets help, Postmaster General John Potter told Congress yesterday as he sought permission to cut delivery to five days a week. More: continued here

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Boeing might get political to try to save FedEx deal (Tacoma News Tribune)

March 25, 2009 FedEx 0

FedEx Corp. might get lobbying help from The Boeing Co. after saying it may drop options to buy airc More: continued here

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Neda asked to review tamper-proof cigarette stamps (Manila Standard Today)

March 25, 2009 stamps 0

A Finance Department official yesterday said the National Economic and Development Authority must review the unsolicited proposal of Switzerland-based Sicpa Product Security SA to enhance excise tax revenues from cigarettes. More: continued here

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Without Help, Postal Service Faces Threat of Going Broke, Official … – New York Times

March 25, 2009 Post Office 0

WKRG-TV Without Help, Postal Service Faces Threat of Going Broke, Official …New York Times, United StatesReducing mail delivery to five days a week from six could save $3.5 billion annually, Mr. Potter told the post office subcommittee of the House Committee on Oversight and Government Reform. He also urged changes in …

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