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Search: Posts Made By: kbit
Forum: Off-Topic May 11th, 2014, 07:44 PM
Replies: 70
Views: 17,985
Posted By kbit
No new point just the latest on what's going on....

No new point just the latest on what's going on. Sorry to bore you with it.
Forum: Off-Topic May 9th, 2014, 10:43 PM
Replies: 70
Views: 17,985
Posted By kbit
U.S. Postal Service loss hits $1.9 billion; package volume up

The United States Postal Service ended its second quarter with a net loss of $1.9 billion as first-class mail volume continued to tumble and lawmakers remained at odds over providing any financial...
Forum: Off-Topic February 14th, 2014, 09:24 PM
Replies: 70
Views: 17,985
Posted By kbit
Can becoming a bank save the Post Office?

The United States Postal Service has a serious dilemma: How can it survive in the age of email, online banking and a very competitive shipping industry?

The Post Office recently raised the price...
Forum: Off-Topic February 5th, 2014, 08:10 PM
Replies: 70
Views: 17,985
Posted By kbit
Struggling US Postal Service looks to bitcoin for new revenue

Amid a rise in popularity of cryptocurrency, the financially floundering US Postal Service is considering the possibility of adding a bitcoin exchange to its current roster of non-bank financial...
Forum: Off-Topic September 25th, 2012, 04:29 PM
Replies: 70
Views: 17,985
Posted By kbit
Postal Service to default again

At the end of this month, the U.S. Postal Service takes another step toward insolvency.

On Sunday, the service is required by law to pay the federal government $5.6 billion to fund health care...
Forum: Off-Topic May 25th, 2012, 07:32 PM
Replies: 70
Views: 17,985
Posted By kbit
U.S. Postal Service offers buyouts to 45,000 workers

(Reuters) - The cash-strapped U.S. Postal Service will offer buyouts this summer to nearly all of its 45,000 mail handlers, part of a plan to consolidate operations at 140 mail-processing facilities...
Forum: Off-Topic May 17th, 2012, 07:32 PM
Replies: 70
Views: 17,985
Posted By kbit
Postal plants to shrink, 28,000 jobs at stake by 2014

The U.S. Postal Service announced on Thursday it's moving forward with a $2.1 billion cost-savings plan to consolidate postal plants over the next two years, with consolidations starting in July.
...
Forum: Off-Topic December 5th, 2011, 10:54 AM
Replies: 70
Views: 17,985
Posted By kbit
I still check everyday and do get more than junk...

I still check everyday and do get more than junk mail (and still read a daily newspaper). I want daily delivery but could live with every other day as you suggest. Ultimately they will have to...
Forum: Off-Topic September 16th, 2011, 05:18 PM
Replies: 70
Views: 17,985
Posted By kbit
Postal Service faces grim 'new reality'

The current mail system of the United States is "no longer financially sustainable," and the U.S. Postal Service (USPS) is looking for billions of dollars in cuts to its services.
The postal service...
Forum: Off-Topic August 11th, 2011, 06:20 PM
Replies: 70
Views: 17,985
Posted By kbit
Lay Off And End It's Pension Plan

Hovering on the brink of insolvency, the U.S. Postal Service wants to break its union contracts to cut 20% of its workforce and withdraw its employees from federal worker healthcare and pension...
Forum: Off-Topic August 5th, 2011, 07:20 PM
Replies: 70
Views: 17,985
Posted By kbit
US Postal Service warns it could default

The US Postal Service warned on Friday that it could default on payments it owes the federal government, just days after the US government itself narrowly averted a default.
The government's mail...
Forum: Off-Topic July 26th, 2011, 11:52 AM
Replies: 70
Views: 17,985
Posted By kbit
Postal Service aims to shut down 3,600 offices

NEW YORK (CNNMoney) -- The U.S. Postal Service on Tuesday will release a list of 3,653 post offices that could be shut down.
These locations will be studied for possible closure, according to U.S....
Forum: Off-Topic June 22nd, 2011, 05:00 PM
Replies: 70
Views: 17,985
Posted By kbit
U.S. Postal Service to Stop Paying Into Worker Pension Fund

The U.S. Postal Service (http://topics.bloomberg.com/postal-service/), facing insolvency without approval to delay a $5.5 billion payment for worker health benefits, will suspend contributions to an...
Forum: Off-Topic May 29th, 2011, 03:02 PM
Replies: 70
Views: 17,985
Posted By kbit
I'm not worried about it to much, my neighbor has...

I'm not worried about it to much, my neighbor has pigeons I can use.
Forum: Off-Topic May 28th, 2011, 08:15 PM
Replies: 70
Views: 17,985
Posted By kbit
The U.S. Postal Service Nears Collapse (USPS)

The U.S. Postal Service Nears Collapse - BusinessWeek (http://www.businessweek.com/magazine/content/11_23/b4231060885070.htm)
Showing results 1 to 15 of 15

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