Between 2006 and 2010, mail volume in the U.S. dropped by 20 percent, from 213 billion pieces to 170 billion. Over that span, the USPS lost $20 billion.
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.
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.
After a summer of scandal, the spotlight has shifted from News Corp's phone hacking crisis to its entertainment business, where its TV network and movie studio are searching for fresh hits to meet sky-high expectations.
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.
About 50,000 people are expected at the Oracle OpenWorld 2011 Conference, beginning Sunday at the Moscone Center in San Francisco.
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.
Thousands packed Zuccotti Park on Friday afternoon hoping to see Radiohead perform at the Occupy Wall Street Protests, but unfortunately for fans, the band did not show up.
Eastnan Kodak shares plunged 60 percent after reports it was heading for bankruptcy filing.
Study shows that smoking is more common among blue-collar workers.
Francona is expected to part ways Friday with the Red Sox, and Epstein has a club option.
Terry Francona is expected to depart from his role as team manager following a meeting with Red Sox management on Friday, major league sources have told Fox Sports.
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.
Global miner Rio Tinto is fighting a legacy of bad publicity as it tries to persuade the Mongolian public a $10 billion copper deposit it took over from Ivanhoe Mines last year is in safe hands.
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.
Stock index futures pointed to a weaker open for equities on Wall Street on Friday, with futures for the S&P 500, Dow Jones and Nasdaq 100 down 0.6 to 0.8 percent.
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.
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.
Fitch Ratings has assigned a rating to Lodi Unified School District, California's (the district's) bonds as follows:
Asian stocks fell Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.
New Zealand suffered its second ratings downgrade within hours on Friday as Standard & Poor's cut the country's rating by one notch because of its growing foreign debt, after rival Fitch Ratings' had taken similar action.
The CDC's Childhood Obesity Demonstration Project, funded by the Affordable Care Act, aims to develop programs to combat childhood obesity in low-income areas.