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U.S. Postal Service Loses $3.2 Billion in 2nd Quarter

The U.S. Postal Service continues to sink, on Thursday it reported a quarterly loss of $3.2 billion. The funny part is they are blaming the Congress for blocking the agency’s cost-cutting efforts to offset declining mail volume and mounting costs for future retiree health benefits. From January to March, losses were $1 billion more than during the same period last ... Read More »

Oprah Winfrey Network in Trouble?

Oprah Winfrey Network seems to be sinking in some financial woes. Oprah is trying hard to turn around her cable network. The network seems to have lost over $330 Million since it was started. All the trouble seems to have started with the mother of all troubles in television, low ratings. The high-profile bombs like “The Rosie Show.” Appearing on ... Read More »