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U.S. Postal Service Loses $3.2 Billion in 2nd Quarter

The U.S. Postal Service continues to sink, on Thursday it reported a quarterly loss of $3.2 billion. The funny part is they are blaming the Congress for blocking the agency’s cost-cutting efforts to offset declining mail volume and mounting costs for future retiree health benefits. From January to March, losses were $1 billion more than during the same period last ... Read More »

Russian-made Plane Lost in Indonesia

A Russian-made plane, Sukhoi SuperJet 100 carrying 46 people has disappeared and lost contact with Air Controllers. A rescue team has been already dispatched to the area. National search agency spokesman Gagah Prakoso said the Sukhoi Superjet-100 was on a demonstration flight when it lost contact with authorities near Salak mountain in West Java province. He said a rescue team ... Read More »