- USPS shutters Saturday mail delivery—To help stem the repeated annual losses of billions of dollars, the United States Postal Service announced it will end mail delivery on Saturdays starting in August, it will still deliver packages however.
- Manhunt in LA—A former cop allegedly kills 3 after getting fired, and releases a manifesto to various media outlets outlining his vendetta against his perceived unfair treatment by the LAPD. Cops continue to search for the suspect, mistakenly shooting civilians, as he remains missing a week after the initial shootings.
- S&P to be Sued—Standard & Poor’s said it expects to be sued by the U.S. government over its high rankings of subprime mortgage bonds that ended up being junk, contributing to the housing bubble and subsequently the late-00’s economic crisis.
- Dell going Private—Founder Michael Dell and private equity firm Silver Lake Partners will buy out the public shares of Dell.
- Nemo v. New England—A winter storm, dubbed ‘Winter Storm Nemo’ by The Weather Channel, dumps up to 30” of snow in some areas, with New England being the hardest hit. Meanwhile, New York and New Jersey, with some areas still without power and recovering from Sandy, don’t get hit as hard as some had feared.