(Reuters) - The head of the U.S. Postal Service on Tuesday compared the cash-strapped mail agency to Greece and said Congress must pass a restructuring plan if it is to return to profitability.
WASHINGTON (Reuters) - The financially strapped U.S. Postal Service will keep delivering first-class mail on Saturday because Congress has left it no choice but to continue, the service's board of governors said on Wednesday. Read Post
Neither rain, nor heat, nor gloom of night -- nor, apparently, a $5.5 billion default -- will keep the U.S. Postal Service from moving the mail. The agency confirmed Wednesday that it has defaulted on a payment, mandated by Congress... Read Post