Postal plants to shrink, 28,000 jobs at stake

The U.S. Postal Service announced on Thursday it’s moving forward with a $2.1 billion cost-savings plan to consolidate postal plants over the next two […]

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Best Buy head to leave after CEO inquiry

Best Buy said Monday that its founder Richard Schulze is stepping down as chairman after an investigation found that he knew that the CEO was […]

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Safeway shuns tiny pig cages

Safeway is the latest corporate giant to publicly shun the use of tiny cages that immobilize pregnant sows which have been condemned by animal […]

Japan Enters Nuclear Recess After Sole Working Reactor Shut Down - Bloomberg

Japan began a recess from nuclear- generated electricity, its first in more than four decades, after its sole operating power reactor was halted for scheduled […]

Wynn Macau gets OK for Cotai casino development

The Chinese arm of Wynn Resorts Ltd. said it received approval on Wednesday for a new casino in the Cotai district of Macau, the world’s […]

Reliance swings to profit in first quarter

Reliance Bancshares Inc. swung to a profit in the first quarter, boosted by a $2.5 million-gain from the sales of investment securities.
The bank holding company […]

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Geithner: Romney claim on job losses ‘ridiculous’

Treasury Secretary Timothy Geithner says a claim by Mitt Romney about disproportionate job losses by women during the Obama administration is “misleading and ridiculous.”
Romney said […]

Fewer Investors Rule Out QE3, Citigroup Survey Shows - Bloomberg

Investors optimistic enough to predict that the Federal Reserve won

Google unveils ‘Project Glass’ virtual-reality glasses

Siri is about to get one-upped by Google.
The company on Wednesday unveiled a long-rumored concept called "Project Glass," which takes all the functionality of […]