The U.S. Postal Service (USPS) today filed its 2009 fiscal year-end financial results, showing a net loss of $3.8 billion for the year — despite cost-cutting efforts resulting in $6 billion in cost savings and a $4 billion reduction in required payments for retiree health benefits. Cost savings reflect a reduction of 40,000 career USPS employees as well as reductions in overtime hours, transportation and other costs. The $4 billion reduction in required retiree health benefit payments was passed into law for fiscal 2009 to allow USPS to maintain fiscal solvency while continuing to provide universal, affordable service to the nation.
Your e-catalog is set for international release. You’re using the local currencies, culturally relevant copy, the best international character set in the business, and the native language right down to the intricacies of dialect that can change in a matter of a few blocks. What could stand in your way? Payment. If you are only offering payment by check or credit card, you’ll significantly bottleneck response rates. Research carried out by Forrester Research points out that 85 percent of all Internet users do not buy products online because they are unwilling to use their credit cards for Web purchases. A study conducted