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US Postal Service to launch fashion line

The US Postal Service is looking to fashion as it struggles financially. The agency, which prides itself on delivering almost 40 percent of the world's mail, announced it plans to launch a clothing and accessories line and has signed a licensing deal with apparel company Wahconah Group, Inc. "This agreement will put the Postal Service on the cutting edge of functional fashion," corporate licensing manager Steven Mills said in a statement Tuesday.

CORRECTED: US Post to end Saturday letter service

The US Postal Service announced Wednesday that it would halt letter delivery services on Saturday in an attempt to reduce costs that left it $15.9 billion in the red in 2012. USPS chief Patrick Donahoe, the US postmaster general, said the national mail agency was taking the step after waiting in vain for Congress to put through reforms that would help it shore up its finances on a long-term basis.

US Post to end Saturday letter service

The US Postal Service announced Wednesday that it would halt letter delivery services on Saturday in an attempt to reduce costs that left it $15.9 billion in the red in 2012. USPS chief Tom Donahoe, the US postmaster general, said the national mail agency was taking the step after waiting in vain for Congress to put through reforms that would help it shore up its finances on a long-term basis. "The Postal Service has a responsibility to take the steps necessary to return to long-term financial stability and ensure the continued affordability of the US mail," said Donahoe.
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