USPS posts $3.5 billion loss as mail volume plunges

The U.S. Postal Service reported a $3.5 billion loss in its most recent quarter Thursday, as mail volume plummets and retiree health care costs […]

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Rental center facts and figures

The rental car center opening on Tuesday is part of the Miami Intermodal Center, which includes the Miami Central Station scheduled for completion in 2013.
Rental […]

Ongoing jobless claims plummet to 17-month low

The number of people filing for ongoing unemployment insurance plummeted by 255,000 to the lowest level since December 2008, according to government figures released […]

Ignite Institute loses major funding partner

Ignite Institute for Individualized Health, a medical center startup hailed to be an economic development coup for Fairfax County, has lost one of its biggest […]

Malaysia State-Linked Firms, Tycoons Pressed to Invest at Home

Malaysia’s government-linked companies and businessmen are being pressed to boost spending at home amid concern that more money is being invested abroad than flowing […]

Hatoyama, Kan Escalate Pressure on BOJ to Combat Deflation

Japanese Prime Minister Yukio Hatoyama said the central bank should act “appropriately” to fight deflation, escalating pressure on Governor Masaaki Shirakawa and his colleagues […]

Colangelo to headline Special Olympics event

An event featuring Jerry Colangelo and benefitting the Special Olympics will be held Feb. 17 at the Wigwam Golf Resort and Spa.
Colangelo, part of an […]

Ex-Economy Minister Hayashi Says DPJ Lacks Plan to Rein in Debt

Former Japanese Economy Minister Yoshimasa Hayashi slammed the government’s fiscal policy, saying it’s not doing enough to contain the world’s largest public debt.
“It’s […]

Projects worth watching in 2010

Downtown Macy’s
Bruce Development Co. and developer Rick Yackey plan to buy the Railway Exchange building at Seventh and Olive streets as part of […]

Store tills jingle all the way to Christmas

Heading into the two busiest shopping days of the year, retailers got some good news yesterday: Consumer confidence is up again and sales rose […]