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Postal Service reports $5.2B loss in 3Q

August 10, 2012
By HOPE YEN , THE ASSOCIATED PRESS

WASHINGTON - The nearly bankrupt U.S. Postal Service on Thursday reported losses of $57 million per day in the last quarter and warned it will miss another payment due to the U.S. Treasury, just one week after its first-ever default on a payment for future retiree health benefits.

 
 
 

 

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