Jim Tierney

Study Finds USPS Overpaid Pension Fund by $75B

| Jim Tierney

The U.S. Postal Service was overcharged by $75 billion for payments to Civil Service Retirement System (CSRS) retirees from 1972-2009, according to a study released by the Office of Inspector General (OIG).

Penney to Close VA Call Center

| Jim Tierney

As its call center volume continues to dwindle, J.C. Penney is shuttering another facility. The general merchant will close its call center in Midlothian, VA, on March 26, according to company spokesperson Tim Lyons.