Postal Service News
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Modern fiscal conservatism has wrapped itself in one whopper of a false choice: That the U.S. must decide between economic growth and the welfare state.
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Canada’s Supreme Court dismissed Eli Lilly & Co.’s request to appeal a federal court decision that invalidated its Canadian patent for schizophrenia drug Zyprexa.
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Postal carriers in Los Angeles are most at risk for being bitten by dogs while doing their jobs, so much so that mail delivery may be curbed if residents don’t control dangerous mutts, the U.S. Postal Service said.
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Deutsche Post AG, Europe’s largest postal service, reported profit that beat analysts’ predictions because of growth at express-delivery businesses abroad, sending the stock to the highest in almost five years.
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German stocks declined from a record, snapping five days of gains, as investor confidence in the country rose less than projected and concern grew that China’s economy is slowing.
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Postmaster General Patrick Donahoe may soon be forced to choose which laws to flout to keep the barely solvent U.S. Postal Service running.
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The U.S. Postal Service added to its losses in the second quarter and is closer to needing “extreme action” to keep it afloat, Postmaster General Patrick Donahoe said.
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The U.S. Postal Service is projecting a loss of as much as a $6 billion for the year as it keeps pressure on Congress for help, Postmaster General Patrick Donahoe said.
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A Spanish judge rejected a request by anti-doping authorities to hand over as many as 200 blood bags belonging to cyclists and other athletes, ordering that they be destroyed instead.
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FedEx Corp. won a seven-year contract with the U.S. Postal Service valued at about $10.5 billion to carry mail between U.S. airports, fending off a challenge from United Parcel Service Inc.
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