USPS eyes alcohol deliveries in push to raise revenue
AP interview with Postmaster General Patrick Donahoe outlines a plan to allow mailing beer wine and spirits and notes potential revenue up to 50 million annually. He also supports reducing door to door delivery and Saturday service while the agency seeks profits to recover from 16 billion in losses last year.
MENTIONED IN THIS ARTICLE
Washington
Patrick Donahoe
Associated Press
Donahoe
Postal Service
House
Senate
Exxon Relies on Slower Growth as Profit Drops in Q2
Exxon Mobil reported its lowest quarterly profit in over three years with net income down 57 percent to $6.86 billion and revenue sliding to $106.47 billion. Analysts blamed weak global growth, lower Brent prices, and higher drilling costs as production remains flat or declines.
MENTIONED IN THIS ARTICLE
New York
Exxon Mobil
Exxon
FactSet
Kellogg profits rise as cereal unit falters amid competition
Kellogg Co reports higher overall profit as gains from frozen breakfast items and Pringles offset a 3.3 percent decline in its U.S. morning foods division. CEO John Bryant says cereal must better define its value while expanding products like Raisin Bran omega-3 and Special K multigrain.
MENTIONED IN THIS ARTICLE
New York
Kellogg Co
North America
U.S
Kellogg
John Bryant
General Mills
Bryant
United States
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