Metro-East News

August 12, 2014

Daily business briefing: Postal service losing money

Charging more for mail and seeing increased volume has still not helped the post office. The U.S. Postal Service still lost $2 billion this spring. Read more at http://www.bnd.com/business. ...

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Investment firm Safra Group and the Brazilian agribusiness and juice company Cutrale Group have offered $611 million to buyout Chiquita Brands. Learn more at http://www.bnd.com/business. ...

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An Atlantic City casino is closing after only two years in business. Revel Casino Hotel will shut down next month after failing to find a buyer in bankruptcy court. The $2.4 billion casino never turned a profit. Find out more at http://www.bnd.com/business. ...

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Many believe Facebook's recent effort to force people to adopt its standalone mobile messaging app is especially invasive. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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