The U.S. Postal Service is backing off a previous plan to close thousands of post offices, and will instead cut hours at 13,000 rural facilities in an effort to save $500 million a year.
Congress is looking this week at ways to save the struggling U.S. Postal Service.
The chief of the struggling U.S. Postal Service received $384,229 in compensation last year -- and at least one lawmaker thinks he should take a paycut.
The U.S. Postal Service announced on Thursday new plans to consolidate or close 223 mail processing plants, putting 35,000 jobs at stake starting in late May or June.
The U.S. Postal Service renewed its pleas for congressional support Thursday as the floundering agency reported another massive quarterly loss.
There's one thing that turns some Tea Party Republicans into government-job lovers like their Democratic rivals: Their neighborhood post office.
Congressional deals to save the U.S. Postal Service from extinction aren't good enough, said the head of the U.S. Postal Service on Monday.
The U.S. Postal Service released its annual financial results on Tuesday, and they're nothing to write home about.
Snail mail is about to get a little more expensive.
Hundreds of mail-handling facilities have been named in a shutdown list released Thursday by the U.S. Postal Service as the agency tries to fight massive red ink.
Hundreds of mail-handling facilities have been named in a shutdown list released Thursday by the U.S. Postal Service as the agency tries to cut massive red ink.
The United States Postal Service shutting down because it is so low on money?
Rep. Tom Coburn says the postal service is operating on a failed business model and wants to slash jobs to make it efficient.
Using strong wording to underscore what's at risk, the nation's postmaster general is telling Congress the Postal Service could face insolvency by this time next year, unless lawmakers grant dramatic financial reform.
Sen. Tom Coburn tells CNN's John King why he thinks the U.S. cannot afford to subsidize the Postal Service.
Your little post office could be slated to close as the U.S. Postal Service tries to find ways to cut red ink.
The U.S. Postal Service continues to hemorrhage money, with a loss of $2.2 billion in the most recent quarter.
Some mailing costs will go up on Sunday, according to the Postal Service.
The Postal Service is offering a $20,000 buyout to thousands of veteran workers as part of its bid to eliminate 7,500 administrative jobs, the agency announced Thursday.
Despite significant cost-cutting, the U.S. Postal Service has "an inflexible business model" that will make it unable to pay huge bills without legislative fixes, the postmaster general testified Wednesday.
Lisa Sylvester reports on some big changes that could be coming to your postal service.
The U.S. Postal Service warned Wednesday that it may default on some of its financial obligations later this year after reporting yet another quarterly loss.
Saturday mail could be one step closer to cancellation when the United States Postal Service submits an official proposal to a government regulatory board on Tuesday to eliminate six-day delivery.
© 2013 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
|