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U.S. Postal Service Braced for Massive Cuts

Postmaster General Patrick Donahoe is proposing some dramatic changes to cut costs – including the firing of one-fifth of all employees (some 220,000 people) either through layoffs or attrition; the elimination of Saturday mail delivery; and the closing of nearly 4,000 post offices across the country.

Woods misses cut and heads home

Tiger Woods plunged new depths at the PGA Championship on Friday when he missed the cut in the year's final major for the first time.

Postal Service to Close 3,700 Offices

The postmaster general revealed that over the next decade, half of the 32,000 post offices. More than 200 each post offices will be closed in Texas, Illinois, Missouri and Pennsylvania.

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Canceled NASA Mars project paves way to Green Earth

A canceled NASA Mars project is the base for today’s Bloom Box, a device that can take the chemical energy contained within molecules and convert it directly into electricity through a chemical reaction.
Traders work on the floor of the New York Stock Exchange

US stocks advance after G-7 Intervention

US stocks advanced in early trade on Friday after the Group of Seven (G-7) Finance ministers had agreed to intervene in the markets to stabilize the Japanese yen.
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World Market Update 18/03/2011

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
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Global Markets Overview 18/03/2011

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
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