As an upper-level weather maker swings into Texas, numerous showers and thunderstorms are expected to remain scattered across the Brazos Valley. A few storms could be strong -- with heavy rain, thunder, & occasional lightning -- however, this activity is not expected to become severe. Rain chance will remain in place through mid-morning to midday Friday.
The loss for the financial quarter ending March 31 was narrower than a $3.2 billion loss for the same period last year, thanks to slightly higher revenues and lower payments towards health benefits for workers who will retire in the future.
But the post office continues to lose money at a rapid pace due to a decline in mail volume and a Congressional requirement that it make advance payments to cover expected health care costs for future retirees.
Postmaster General Patrick Donahoe says the post office is considering its options, including another possible increase in prices.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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