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Postal Service Hits Borrowing Cap for First Time |
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From The Wall Street Journal:
"The U.S. Postal Service in September hit its $15 billion borrowing limit
from the U.S. Treasury for the first time in its history, leaving the
agency with only the revenue it takes in from selling stamps, shipping
and other services to cover its operating costs."
To read this story, please visit WSJ.com |
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Why is there a gas shortage in California? |
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From North Hollywood Patch:
""Reportedly in recent weeks,
local refineries were dropping production levels, exporting supply to Mexico
and other countries, and allowing inventory to dwindle in anticipation of
switching over to production of winter blend gasoline, then a refinery power
outage and a pipeline incident occurred on Monday that sent wholesale markets
into a panic about the adequacy of California fuel supplies," said Jeffrey
Spring of the Automobile Club of Southern California.”
To read this story, please visit the North Hollywood Patch |
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Read more...
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Alpha closing 8 mines, cutting 1,200 jobs in all |
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From The Associated Press:
"Crutchfield said the shutdowns and layoffs
are a necessary part of ensuring Alpha survives in what has become a
difficult U.S. market,..., while companies
like his face "a regulatory environment that's aggressively aimed at
constraining the use of coal."
To read this story, please visit The Associated Press |
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Median Income Worse Now Than It Was During Great Recession |
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From CBS:
" A new report put out by the Pew Research Center finds that the median
income is worse now than it was during the Great Recession."
To read this story, please visit CBS |
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Government orders 54.5 mpg by 2025 |
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From The Columbus Dispatch
"The average gas mileage of new cars and trucks will have to nearly double by 2025
under regulations that were finalized today by the Obama administration"
To read this story, please visit The Columbus Dispatch:
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