Business Model Doesnt Work News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Morning, people are stressed. you don't see passengers dragged down the aisles. >> c'mon, now, there is a difference there. >> i know. >> the true point you are trying to make t. reality is there is a difference in those sorts of sessions. >> maybe the business model doesn't work or these flights are overbooked or there are too many people flying. but it does seem like flying is much more of a nightmare than it's ever been before and you know flight attendants who i have a lot of respect for and i think have a very difficult job, they're the ones bearing the brunt of, you know, airlines crammi...

Restaurants. >> definitely have to shift toward higher minimum wage and i think philadelphia is being relatively progressive. >> there's a role for people to lead the way and i think that they'll have to catch up. >> every party benefits from the concept, the company, employee and customer. >> so far at william street common the employees are happy, customers are happy. hopefully we can move forward with that momentum. >> and the restaurant sets aside an additional 5% of sales for benefits and perks for employees. we should note this business model doesn't work for every restaurant. up next,...

Washington. the money and power of the post office. the u.s. postal service has proposed a three cent rate increase to the price of a foot class stamp today. now it will be 49 cents. the postmaster general believes it is a necessary step to combat what he calls a financial disaster. he is right about that. but 3 cents won't fix it. last year the post office lost $16 billion, three time what it lost the year before. a pretty meltdownish situation. and it is now staring down more than $50 billion in debt obligations. and guess what, tiny stamp price hikes don't work. it has been tried and fail...

They just voted to continue the saturday delivery. extraordinarily, the post office loses $25 million every day. the post office said look, this is the best way that we can survive. this is a step because we've got these gigantic liabilities, let's close down on saturday. no! we're going to stay open. >> anna: it doesn't make sense when there have been several polls that have been done and the major of the public wants the five-day rather than the six-day service. so the post office wants it. the public wants it. but politicians apparently don't want it. that's who is holding them up. by 2017,...

Ohio or is this inunusual. >> postal service employs more people than any other organization in the united states than wal-mart. certainly there is a lot more people, therefore, more opportunity, and hopefully they are minding the store a little more and looking for this kind of activity. look, it could be isolated. hopefully it is. bigger problem with the postal service is the whole business model doesn't work and they need to do things like getting rid of saturday service. closing excess post offices and dealing with what's also a massive pension liability above and beyond their operating lo...