In a blunder of Homer-sized proportions, the Postal Service spent $1.2 million too much in printing one billion commemorative Simpsons stamps, only 318 million of which sold, Bloomberg's Angela Greiling Keane reports.
Yes, you read that headline right. Strapped for cash and obviously desperate, the United States Postal Service is launching a new line of "'smart apparel' — also known as wearable electronics."
Good and bad news for snail mail fans: To save money the U.S. Postal Service won't close your local branch, but it might reduce its hours to as little two a day.
The United States Postal Service is having a hard time finding a new ad agency to take on the challenge of making snail mail seem cool again—and for understandable reasons.
In the first quarter of fiscal 2012, the U.S. Postal Service reported a net loss of $3.3 billion dollars on Thursday--a bad sign in what's supposed to be a strong quarter for the organization.
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