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Published November 15, 2012, 04:23 PM

Post office reports record loss of $15.9B for year

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.

By: Associated Press , INFORUM

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