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US Post Office In Blacksburg, Virginia

USPS Deficit: Five Problems Plaguing America's Postal Service

A cash crisis is driving the United States Postal Service toward insolvency. Postmaster James A. Farley is asking Congress for help, threatening that the postal service will default in September if something isn't done. Here are five problems plaguing the USPS.

Rise in Canadian retail sales fails to impress

Autos propel Canadian retail sales higher in June
Canadian retail sales rose a seemingly healthy 0.7 percent in June from May, but the figure prompted little enthusiasm from analysts who noted a one-off jump in auto sales had fueled most of the gain.

Fishy Store Labels on Chilean Sea Bass

Chilean Sea Bass
It may look fresh and the label may read sustainable, but Chilean sea bass is not always what it appears to be on store shelves, a biologist from Clemson University has found. Some of the fish labeled in shops are not sustainable and some are not Chilean sea bass at all.
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Chilean sea bass

Certified Chilean Sea Bass Not What They Seem

Chilean sea bass is not always what it appears to be on store shelves a biologist from Clemson University has found. Some of the fish labeled in shops are not sustainable and some are not Chilean sea bass at all.
Sarah Lynn Cheek

Mom Leaves Child in Rainy Night to Enjoy Drinks

A woman from Florida reportedly left her five-year-old daughter in her stroller at 10 pm on the rainy night of Thursday, outside a bar, to enjoy a couple of drinks. The 34-year-old mother, Sarah Lynn Cheek, has been charged with child neglect after some bystanders reported the incident of child-torture to the authorities.
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Indian Gold Buyers May Scale Back Purchases - Analyst

Gold buyers in India, the world's largest consumer of the yellow metal, are investing in it on expectations prices may rise, but imports are likely to fall as limited budgets buy less gold, the head of India's biggest importing bank told Reuters on Saturday.
Bank of America

BofA cutting 3,500 jobs this quarter

Bank of America Corp plans to cut 3,500 jobs in the next few weeks as CEO Brian Moynihan tries to come to grips with the bank's $1 trillion pile of problem home mortgages.
"Jersey Shore" Cast

'Jersey Shore' UPDATE on Abercrombie Situation [VIDEO]

Retail store Abercrombie & Fitch is offering to pay Mike The Situation Sorrentino and the Jersey Shore cast not to wear its products on the show. Apparently, MTV's most popular show has done some significant damage to the A&F image.
Ferrari cars, including the F40 (R and 2nd R), F50 (2nd L) and Enzo sit on display during a show of luxury cars in Singapore

Asia's Wealthy Park Cash in Cars, Homes, Art and Wine

Adrian Tan owns two Mercedes sedans and is looking to buy a third car. The 36-year-old financial trader was shopping with his wife on a Singapore street lined with luxury car dealerships and said he may stick with Mercedes or go for an Audi or a BMW.
Gold bullion

Key facts about India's gold industry

India's centuries-old gold industry is the world's biggest market for the metal, with imports meeting almost all the country's 800-900 tonnes per year requirements for jewellery and investment.
The Situation

'Jersey Shore' Responds to Abercrombie Situation [VIDEO&PHOTOS]

Retail store Abercrombie & Fitch is offering to pay Mike The Situation Sorrentino and the Jersey Shore cast not to wear their products on the show. Apparently, MTV's most popular show has done some significant damage to the A&F image. The on-air endorsement was addressed in CEO Mike Jefferies A&F earning call. Is no one going to ask about the Situation? Jefferies said during the company's meeting.

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