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The USPS said it lost $9.5 billion in the fiscal year ended September 30, compared with a loss of $6.5 billion a year earlier. The postal service blamed the wider loss on billions spent on noncash ...
In 1985, a malfunctioning voltage line in the basement of the Terminal Annex caused an 8 + 1 ⁄ 2-hour power blackout that halted operations at the facility. The power outage resulted in a one-day delay in the delivery of 1.5 million pieces of mail and was front-page news in the Los Angeles Times. [11]
The bank pointed to three big economic risks to the market's blistering bull rally. US stocks have seen stellar gains this year, but there are hurdles that could derail the bull rally, according ...
The stock market rally risks sparking an unsustainable 'melt-up' as the economy overheats, market vet Ed Yardeni says Jennifer Sor September 24, 2024 at 10:12 AM
The 2020 United States Postal Service crisis was a series of events that caused backlogs and delays in the delivery of mail by the United States Postal Service (USPS). The crisis stems primarily from changes implemented by Postmaster General Louis DeJoy shortly after taking office in June 2020.
The company lost $14 million caused by damages done to the La Cienega store during the Los Angeles riots of 1992. [ 26 ] [ 27 ] Fedco filed for Chapter 11 bankruptcy in 1999, at which point it had been the longest-operating membership-based store in the country.
Morgan Stanley's Mike Wilson says the stock market's bull run could slow if the dollar strengthens again. The dollar has gained about 2% this month as investors price in a slower Fed easing cycle.
In 2014 a passport service center was established in this post office. It serves the communities of Glendale (including Verdugo City), Altadena, Arcadia, Duarte, La Cañada Flintridge, Monrovia, Montrose, Pasadena, Sierra Madre, and South Pasadena, as well as the Los Angeles neighborhood of Sunland-Tujunga. Prior to 2014 the local post offices ...