MANAGEMENT

U.S. Postal Service: A Requiem

U.S. Postal Service faces doomsday.
After posting an $8.5 billion loss last fiscal year, the postal service is on a pace to go $10 billion in the hole in fiscal 2012.

Stock Futures Dip on Concerns About Greece

Traders work on the floor of the New York Stock Exchange
Stock index futures were modestly lower on Monday, extending equities losses from the previous session as concerns over Greece's teetering finances returned to the forefront.
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Forest Decline: Cause of Grave Concern

The increasing emission of carbon dioxide along with the warming planet is making the scientists and experts worry about the future of forests as per a report in New York Times.
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A sign at the entrance to the headquarters of bankrupt Solyndra LLC is shown in Fremont

DOJ Seeks Trustee in Solyndra Bankruptcy

The U.S. Department of Justice is seeking to give control of Solyndra's estate to a bankruptcy trustee, citing the refusal by executives at the solar power company to answer questions about its operations.
A batting helmet reflects the dugout of the Los Angeles Dodgers before the start of the Dodgers' American League baseball game against the Minnesota Twins at Target Field in Minneapolis

Judge Sets Hearing in Dodgers Bankruptcy

An evidentiary hearing in the contentious Los Angeles Dodgers bankruptcy will take place next month as the team and Major League Baseball continue to spar over control of the team and the Dodgers' plan to auction its TV rights.
iPhone 5 Case Design

iPhone5 Release: Flurry of New Case Leaks Shows Form Factor

While the tech world is eagerly awaiting the launch of Apple Inc.'s next-generation iPhone, the rumors around the much-anticipated smartphone has been set on fire by several sightings of iPhone4S/5 cases on AT&T's databases and inventory.
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Judge Dismisses Part of Fraud Case Against Citigroup

A U.S. federal judge dismissed part of a case brought by European bond investors accusing Citigroup Inc. and its directors of misrepresenting or failing to disclose Citi's exposure to toxic mortgage assets and its own solvency.
U.S. Stock Market

Stocks Tepid Among Fears of Global Slowdown

Stocks opened lower on Friday, putting equities on track for their fifth straight monthly decline as China's manufacturing shrank and kept fears of a global economic slowdown in the forefront.
Shanghai's new financial district skyline is seen from the opposite side of Huang Pu river.

Chinese Private Equity Firms Set Sail Abroad

Flashed on the side of a building here in Shanghai's historic Bund district, an image shows a giant ship named Hony, setting sail from China, traveling past the Statue of Liberty, past Big Ben, and bringing home crates of golden coins.
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European Stocks Set for Worst Quarter Since 2008

European stock index futures fell Friday, putting shares there firmly on course to post their biggest quarterly decline since the months following the collapse of Lehman Brothers three years ago.
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Geron Names John Scarlett as CEO

Geron Corp (GERN.O), which is conducting the first U.S.-approved human embryonic stem cell trial, has named John Scarlett as its chief executive officer, replacing interim CEO David Greenwood, who will leave the biotech company at the end of the year.

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