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TODAYS TOP STORIES
U.S. Postal Service Loses $5 Billion In Second Quarter
By HOPE YEN
Associated Press
WASHINGTON (AP) -- The ailing U.S. Postal Service is reporting quarterly losses of $5.2 billion.
From April to June, losses were $2.1 billion more than during the same period in 2011.
The mail agency said it is being hurt significantly by mounting costs for future retiree health benefits. Those expenses made up $3.1 billion of the post office's quarterly loss.
Declining first-class mail volume also contributed to losses.
The Postal Service for months has been urging Congress to pass legislation that would allow it to eliminate Saturday mail delivery and reduce the annual health payment of $5 billion. The post office defaulted on that payment last week after the House failed to take action.
The mail agency says it will miss a second $5.6 billion payment due next month as cash runs low.
Posted: Thursday, August 9 2012, 09:44 AM CDT
IN OKLAHOMA NEWS
In tornado's wake, worried parents seek out kids
May 21, 2013 08:28 GMT
By NOMAAN MERCHANT Associated Press
MOORE, Okla. (AP) -- Parents and guardians of children whose elementary schools were damaged in the deadly tornado that ripped through the Oklahoma City area are hoping for happy reunions.
At least 20 children are among the more than 50 reported dead so far in Moore, an Oklahoma City suburb ravaged Monday afternoon by a tornado with winds up to 200 mph. Officials said early Tuesday the death toll could rise by as many as 40.
Many parents seeking their children gathered at a suburban church, listening intently as someone with a bullhorn called out the names of children who were being dropped off. For many families, the ordeal ended in tears of joy. Others were left to wait in the darkness, hoping for good news while fearing the worst.
OKLAHOMA HEADLINES
In tornado's wake, worried parents seek out kids
Searches to continue day after Moore tornado
Okla. highways reopened after Moore tornado
Obama declares major disaster in Oklahoma
OKC Memorial offers tips on talking to children
Joplin sending aid to tornado-stricken Moore
Small suburban Oklahoma City hospital damaged
Okla. AG seeks execution date for convicted killer
NATIONAL HEADLINES
Apple chief to testify today on tax strategy
In tornado's wake, worried parents seek out kids
WikiLeaks hearing focuses on classified evidence
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OKLAHOMA WEATHER
64°
From the FOX 25 First Forecast Center..
Severe weather is back in your forecast today for Central and Eastern OK. Damaging hail and winds and tornadic activity are likely to form west of I-35 after 3 pm, then track east into Central OK in the late afternoon and evening hours. ...
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