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WASHINGTON (Reuters) - The Postal Service will proceed with a plan this summer to shut mail-processing facilities as part of its cost-cutting effort but will spread out the closings to maintain overnight delivery of local mail.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=S420wzkwlQg:QyueFPkNsYY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=S420wzkwlQg:QyueFPkNsYY:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=S420wzkwlQg:QyueFPkNsYY:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=S420wzkwlQg:QyueFPkNsYY:-BTjWOF_DHI"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=S420wzkwlQg:QyueFPkNsYY:-BTjWOF_DHI" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/reuters/topNews/~4/S420wzkwlQg" height="1" width="1"/> Facebook prices at top of range in landmark IPO NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc priced its initial public offering at $38 a share, giving the world's No. 1 online social network a $104 billion valuation in the third largest offering in U.S. history.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=lSsA6K8zUJs:g_pOKnnN4fo:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=lSsA6K8zUJs:g_pOKnnN4fo:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=lSsA6K8zUJs:g_pOKnnN4fo:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=lSsA6K8zUJs:g_pOKnnN4fo:-BTjWOF_DHI"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=lSsA6K8zUJs:g_pOKnnN4fo:-BTjWOF_DHI" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/reuters/topNews/~4/lSsA6K8zUJs" height="1" width="1"/> Jobless claims steady, mid-Atlantic factories sag WASHINGTON (Reuters) - New claims for jobless benefits last week held at levels suggesting sluggish growth in hiring and factory activity in the mid-Atlantic region contracted in May, worrisome signs for a still-fragile economic recovery.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=WNdRcOWhtuA:iahVTPkt9RU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=WNdRcOWhtuA:iahVTPkt9RU:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=WNdRcOWhtuA:iahVTPkt9RU:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=WNdRcOWhtuA:iahVTPkt9RU:-BTjWOF_DHI"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=WNdRcOWhtuA:iahVTPkt9RU:-BTjWOF_DHI" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/reuters/topNews/~4/WNdRcOWhtuA" height="1" width="1"/> HP mulls cutting at least 25,000 jobs: sources (Reuters) - Hewlett-Packard Co is considering cutting its workforce by 8 to 10 percent, or a minimum of 25,000 jobs, sources familiar with the matter told Reuters, as newly installed CEO Meg Whitman strives to return the storied Silicon Valley institution to growth.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=SAPWbtBuvKg:5w445jkO88Q:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=SAPWbtBuvKg:5w445jkO88Q:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=SAPWbtBuvKg:5w445jkO88Q:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=SAPWbtBuvKg:5w445jkO88Q:-BTjWOF_DHI"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=SAPWbtBuvKg:5w445jkO88Q:-BTjWOF_DHI" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/reuters/topNews/~4/SAPWbtBuvKg" height="1" width="1"/> Spain beset by bank crisis, recession, bond pressure MADRID (Reuters) - Spain's borrowing costs shot up at a bond auction on Thursday, after economic data confirmed the country is back in recession and a report of an outflow of deposits from nationalized Bankia hammered its share price.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=X-oZRZo9vGs:2LLUddgOSRY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=X-oZRZo9vGs:2LLUddgOSRY:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=X-oZRZo9vGs:2LLUddgOSRY:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=X-oZRZo9vGs:2LLUddgOSRY:-BTjWOF_DHI"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=X-oZRZo9vGs:2LLUddgOSRY:-BTjWOF_DHI" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/reuters/topNews/~4/X-oZRZo9vGs" height="1" width="1"/> U.S. sets new tariffs on Chinese solar imports: source (Reuters) - The United States ruled that Chinese solar companies had illegally 'dumped' renewable power equipment on the U.S. market at below-market prices, and ordered tariffs on the imports, a source close to the case said on Thursday.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=TFp6XTJwvkM:WNOf0sJf88E:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=TFp6XTJwvkM:WNOf0sJf88E:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=TFp6XTJwvkM:WNOf0sJf88E:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=TFp6XTJwvkM:WNOf0sJf88E:-BTjWOF_DHI"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=TFp6XTJwvkM:WNOf0sJf88E:-BTjWOF_DHI" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/reuters/topNews/~4/TFp6XTJwvkM" height="1" width="1"/> US to suspend Myanmar sanctions, but keep laws on books WASHINGTON (Reuters) - The United States will suspend sanctions barring American investment in Myanmar in response to political reforms, but will retain the laws to ensure against backsliding, Secretary of State Hillary Clinton said on Thursday.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=9jemopFDEW0:cARSsohcqQw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=9jemopFDEW0:cARSsohcqQw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=9jemopFDEW0:cARSsohcqQw:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=9jemopFDEW0:cARSsohcqQw:-BTjWOF_DHI"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=9jemopFDEW0:cARSsohcqQw:-BTjWOF_DHI" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/reuters/topNews/~4/9jemopFDEW0" height="1" width="1"/> Poll shows Greece electing pro-bailout government ATHENS (Reuters) - Greek voters are returning to the establishment parties that negotiated its bailout, a poll showed on Thursday, offering potential salvation for European leaders who say a snap Greek election next month will decide whether it must quit the euro.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=IeHOTKKD6_0:qSONJYoKdTE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=IeHOTKKD6_0:qSONJYoKdTE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=IeHOTKKD6_0:qSONJYoKdTE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.reuters.com/~ff/reuters/topNews?a=IeHOTKKD6_0:qSONJYoKdTE:-BTjWOF_DHI"><img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=IeHOTKKD6_0:qSONJYoKdTE:-BTjWOF_DHI" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/reuters/topNews/~4/IeHOTKKD6_0" height="1" width="1"/> |
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