5/18/2012
Postal Service to Consolidate 48 Mail Processing Centers in Summer
WASHINGTON — The United States Postal Service announced Thursday that it would begin consolidating 48 mail processing centers beginning in July, the first phase (...read more) 5/17/2012
JPMorgan’s Trading Loss Is Said to Rise at Least 50%
The trading losses suffered by JPMorgan Chase have surged in recent days, surpassing the bank’s initial $2 billion estimate by at least $1 billion, according to (...read more) 5/16/2012
Ahead of I.P.O., G.M. to Quit Advertising on Facebook
Just days before Facebook is scheduled to hold its first public stock offering, which could value the company at more than $100 billion, one of the country’s largest (...read more) 5/15/2012
How Bank Handles Bad Bet Is Fraught With Peril
“If I go there will be trouble, and if I stay it will be double.”That dilemma, grittily framed by the British rock band the Clash, could serve as a warning (...read more) 5/14/2012
Yahoo’s Chief to Leave as Company Strikes Deal With Loeb
Yahoo’s embattled chief executive, Scott Thompson, stepped down on Sunday after just four months on the job, sending the flailing company into limbo once again even (...read more)
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