U.S. Postal Service reports record loss of $15.9 billion for year

Thursday, November 15, 2012 | 7:01 p.m. CST

WASHINGTON — The struggling U.S. Postal Service on Thursday reported an annual loss of a record $15.9 billion and forecast more red ink in 2013, capping a tumultuous year in which it was forced to default on billions in payments to avert bankruptcy.

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