Page 24 - Post Master General News Today : Breaking News, Live Updates & Top Stories | Vimarsana

I am melissa rehberger. astronauts on the international space station made a rare spacewalk, replaced a pump in hopes of stopping an ammonia leak. so far the mission seems successful. the u.s. postal service lost $1.9 billion in the last three months, better than the same period last year when they lost $3.2 billion. the post master general says losses will continue if postage rates don't rise or congress doesn't help out. back to "lockup." >> due to mature subject matter, viewer discretion is advised. inside the cuyahoga correction sent at the, housing unit 9-d is an open door, not unlike...

E-mail. >> the answer is pretty much free, that's why it's flourished and that's why it's been amazing with respect to productivity in this country and it's kept a lot of things alive. the idea that the post office has a lot of employees and therefore, we should continue to fund it is why it's losing billions of dollars each year. it's interesting, the post master general says i would like to close saturdays. washington, d.c., congress said no, don't do that. it's just absolutely amazing. we just can't keep funding things that are losing billions of dollars a year in the name of nostalgia. >> ...

For the u.s. postal service, as it makes drastic cuts in service. we are hearing the u.s. postal service is spending more than $2 million on a national postal forum in california. what's up with that? we go live to san francisco. hi, claudia. >> reporter: good morning, jamie. 4,000 people are attending the national postal forum here in san francisco. 400 are with the u.s. postal service, including the post master general, who will be making a presentation. did over the next four days, executives will be meeting with shippers and those in the direct mail industry. then, everyone gets to have a ...

Best buy also gave a report that ceo may not be taking the company private. new numbers show foreclosures dropped 7% in january. that's down 28% over last year. the u.s. post master general urged congress yesterday not to force mail delivery on saturday telling senators, the postal service is losing $25 mi2$25 mi day. time warner is in talks to sell three magazines to the meredith corporation for $2 billion. microsoft founder bill gates and carlos slim are teaming up to tackle world hunger with a new $25 million complex to research seed development. jb power and associates says lexus, po...

Business network is live from her set over at the willis report. gerri, you know, when in doubt blame the internet. >> it is our fault, you know. the usps lost $41 billion over the last six years because we turned to the internet. we used private shippers. and we are online all the time. you can blame us for using other methods of transportation for information and gifts and everything else we send through the mail. in november the postal service reported a 16 billion-dollar loss because of it. and they have had to default on billions in retiree health benefits. they are in a heck of a mess, s...