With mail volumes falling and the nation's top postmaster projecting that the U.S. Postal Service could lose up to $10 billion this year, it's clear that the USPS is in dire need of an extreme makeover. Here are five ways to fix the system.
Sources familiar with what the White House is considering tell the AP the president will call for a one-year extension of a payroll tax cut for workers and an extension of expiring jobless benefits. Republican leaders ask for a meeting with Obama.
A parliamentary committee in London summoned four former top officials for Rupert Murdoch's British newspaper empire to face questions about the tabloid phone-hacking scandal there. Those former executives contradicted previous testimony from their old boss: James Murdoch.
Christopher Mayer, and economist at Columbia University, talks to Steve Inskeep about his top fix for the economy. Mayer thinks homeowners with mortgages through Fannie Mae or Freddie Mac should be able to refinance their homes at lower interest rates, regardless of their credit score.
The CEO of the Internet search company Yahoo has been fired, abruptly. Yahoo's board of directors informed Carol Bartz of its decision Tuesday, while she was travelling. The board was apparently frustrated by her inability to turn the company around and generate more growth in the two and a half years she had been at the helm.
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