Hope Yen

Associated Press

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Postal Service to begin closing plants this summer

WASHINGTON (AP) -- The nearly bankrupt U.S. Postal Service is moving ahead with plans to close dozens of mail processing centers, saying on Thursday it can no longer wait as Congress remains deadlocked over how to help.. At a news briefing, Postmaster General Patrick Donahoe said the agency's mail processing

Quarterly loss hits $3.3B at Postal Service

The U.S. Postal Service's loss in the fourth quarter ballooned to $3.3 billion amid declining mail volume and the soaring costs of health benefits for future retirees.

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Cuts to first-class mail to slow delivery in 2012

The cash-strapped U.S. Postal Service said Monday it is seeking to move quickly to close 252 mail processing centers and slow first-class delivery next spring, citing steadily declining mail volume.

'A new economic reality' Census data shows widespread changes because of recession

WASHINGTON - The recession is profoundly disrupting American life: More people are delaying marriage and home-buying, turning to carpools yet getting stuck in ever-worse traffic, staying put rather than moving to new cities.

Report: VA distorts record on wait times for veterans

WASHINGTON - The Department of Veterans Affairs repeatedly understated wait times for injured veterans seeking medical care and in many serious cases forced them to wait more than 30 days, counter to department policy, an internal investigation shows.

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