Faced with an estimated $7 billion shortfall in 2010, the United States Postal Service is contemplating radical cuts that would eliminate Saturday mail delivery and raise the cost of postage. But to really turn the USPS’s problems around, it will either need to be directly funded by the government or it needs the freedom to set its own prices, policies, and hours. Continue reading Losing Money Isn’t the U.S. Postal Service’s Only Problem Losing Money Isn’t the U.S. Postal Service’s Only Problem originally appeared on DailyFinance on Tue, 02 Mar 2010 17:30:00. Filed Under: Economy , UPS , Federal Express , Retail Permalink | Tweet this! | Comments

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Losing Money Isn’t the U.S. Postal Service’s Only Problem

The commercial printing industry is ripe for M&A. First of all, the market is highly fragmented, with 30,000 printers in the United States. About 400 companies control less than 30% of the market. Next, the printing industry has been undergoing significant change, as print media has declined because of the rise of the Internet. Finally, the global recession has been brutal and there is much overcapacity in the industry. Continue reading Quad/Graphics-World Color Deal Signals M&A Hits Commercial Printers Quad/Graphics-World Color Deal Signals M&A Hits Commercial Printers originally appeared on DailyFinance on Tue, 26 Jan 2010 19:45:00. Filed Under: Economy Permalink | Tweet this! | Comments

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Quad/Graphics-World Color Deal Signals M&A Hits Commercial Printers

Although post-election research may ultimately reveal that the Democrats, Independents, and Republicans who voted for Scott Brown did not consider themselves Tea Partiers, let’s, for the sake of argument, say that the Massachusetts U.S. Senate race was another election won by the Tea Partiers, and the values and planks they stand for. Continue reading What Would a Tea Party-Led United States Look Like? What Would a Tea Party-Led United States Look Like? originally appeared on DailyFinance on Sat, 23 Jan 2010 12:05:00. Filed Under: Columns , Economy Permalink | Tweet this! | Comments

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It was a year the nation’s builders and realtors would probably prefer to forget: Housing starts fell 4% in December, the U.S. Commerce Department announced Wednesday, ending the worst year for housing in the United States since the end of World War II. Continue reading December Housing Starts Fall 4% in Weak End to Awful Year December Housing Starts Fall 4% in Weak End to Awful Year originally appeared on DailyFinance on Wed, 20 Jan 2010 11:00:00. Filed Under: Economy Permalink | Tweet this! | Comments

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December Housing Starts Fall 4% in Weak End to Awful Year

Google ( GOOG ) may be caught up in an international spat with China, but in the United States the web giant continues its seemingly unstoppable climb upward in search market share, according December data released by internet research group comScore. Microsoft’s ( MSFT ) Bing search engine saw a slight uptick as well, while Yahoo ( YHOO ) gave up ground. Continue reading Google Ups Search Lead As Microsoft, Yahoo Await Deal Approval Google Ups Search Lead As Microsoft, Yahoo Await Deal Approval originally appeared on DailyFinance on Tue, 19 Jan 2010 17:35:00. Filed Under: Technology , Google , Microsoft , Yahoo Permalink | Tweet this! | Comments

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Google Ups Search Lead As Microsoft, Yahoo Await Deal Approval

Filed under: Economy , Media Controversy over the secret global agreement on copyrights and counterfeiting being pushed by the United States erupted Monday after a leaked European Union document emerged suggesting the U.S. is pushing other nations to adopt a draconian global uniform policy. If established, the treaty could involve re-writing the law in many countries — including the U.S. — to include a “three strikes” policy similar to one recently passed in France, as well as possibly even jail time — yes, jail time — for Internet pirates. President Barack Obama used an executive order last spring to keep the negotiations secret on “national security” grounds, but for the last several weeks , the Anti-Counterfeiting Trade Agreement, as it’s called, has elicited growing cries of alarm . Continue reading Leaked document says EU fears Obama backs ‘three strikes’ for Net pirates Leaked document says EU fears Obama backs ‘three strikes’ for Net pirates originally appeared on DailyFinance on Mon, 30 Nov 2009 20:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Healthcare You accidentally filet your finger with your sharpest kitchen knife. Your daughter breaks her arm at a gymnastics meet. Or the fool who’s texting while driving totals your car — with you in it. At some point in life, chances are you’ll be taking a trip to the emergency room. Some 120 million Americans do every year. And it won’t be a picnic. Before seeing a doctor, expect to wait more than 55 minutes, the average ER wait time across the United States, according to the Centers for Disease Control and Prevention. Show up on a busy night or weekend and the wait could drag on for several hours. There are plenty of ER horror stories, like the case of 49-year-old Illinois resident Beatrice Vance who arrived at the hospital complaining of chest pains, only to be found dead two hours later, still in a waiting room chair. But this doesn’t happen every day. DailyFinance spoke with emergency-room physicians across the country to find out what moves patients can make to prevent experiencing a horror story of their own. Continue reading Emergency Room docs offer inside scoop: How to get treated faster, better Emergency Room docs offer inside scoop: How to get treated faster, better originally appeared on DailyFinance on Sun, 29 Nov 2009 12:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Technology , Economy , Media By the time you read this, disaster may have already struck. You’re either looking forward to a Thanksgiving meal with the warm, reassuring taste of pumpkin pie — or staring down the barrel of a substitute sweet potato pie while trying to pretend that everything is hunky-dory. Either way, any warnings I can offer will surely be too late. As the history books will one day note, the Great Pumpkin Crisis of 2009 began back in August, when heavy rains in Morton, Illinois, left the fields boggy and wet, delaying the harvest. Morton, also known as ” Pumpkin Capital of the United States, ” soon found itself with field after field of moldy, rotten orange gourds that were useless for cooking and canning. This was hardly an isolated problem: Morton supplies Nestle with its pumpkins and Nestle ( NSRGY ), through its Libby’s subsidiary, supplies the country with 85% of its canned pumpkin. Thus, as goes Morton, so goes Thanksgiving. Continue reading The Great Pumpkin Crisis of 2009: Bad for Libby’s, good for organic growers The Great Pumpkin Crisis of 2009: Bad for Libby’s, good for organic growers originally appeared on DailyFinance on Thu, 26 Nov 2009 13:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Economy Is the United States headed for a “new normal” — a slow-growth economy that lasts perhaps for as long as a decade? The evidence supporting the “new normal” argument, predicting a future in which the U.S. GDP grows at no more than 2.0% to 2.5% per year, is compelling. That low growth rate would constrain corporate revenue and earnings growth, and stock prices, among other consequences. The U.S. has already registered below-trend GDP growth at this recovery’s start – just 3.5% in Q3, as opposed to the more than 6% GDP growth typically registered in an expansion’s initial stage. Here’s why the slow-growth conditions might continue: Continue reading Seven reasons to expect a slow-growth U.S. economy ahead Seven reasons to expect a slow-growth U.S. economy ahead originally appeared on DailyFinance on Sun, 22 Nov 2009 15:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Healthcare , GlaxoSmithKline , Novartis The United States may worry about having enough H1N1 vaccine to protect its population from swine flu, but at least it’s getting precious doses. Many developing countries, which can’t afford the sometimes expensive medication, don’t have any at all. That may change soon. The United Kingdom’s GlaxoSmithKline ( GSK ) said Tuesday it will donate 50 million doses of its adjuvanted H1N1 influenza vaccine to developing countries most in need through the World Health Organization. Initial shipments will start by the end of November with shipments to be completed by May 2010, the WHO said. GlaxoSmithKline’s move comes as several other pharmaceuticals have pledged similar measures. Continue reading Swine flu: GlaxoSmithKline will donate 50 million vaccine doses to poor nations Swine flu: GlaxoSmithKline will donate 50 million vaccine doses to poor nations originally appeared on DailyFinance on Wed, 11 Nov 2009 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Swine flu: GlaxoSmithKline will donate 50 million vaccine doses to poor nations