On Thursday, the U. S. Postal Service announced it will reduce the price of postage stamps beginning from this weekend. It is happening for the first time in 97 years, when the postal department has recoiled the postage stamp prices.

According to a USPS spokesperson, a similar thing happened way back in 1919, a time when the Congress retuned the postage stamp prices to the pre-World War I levels.

On Thursday, Securities and Exchange Commission said Las Vegas Sands Corp., the casino giant will pay $9 million for settling allegations that its operations in China had poor accounting practices from 2006 till about 2011.

SEC investigations into Sands expansion in Macau, the gambling Mecca of China, often termed as the "Las Vegas of Asia" painted an ugly picture. The probe starts about five years ago and Thursday's announced resolution closes a SEC's probe into the matter.

Philadelphia will continue to be Aramark's home base.

The food and facilities services company has decided to keep its headquarters in the city which has been its home for fifty five years, since 1961. Earlier speculations said that the company might shift its base to another city which would move out jobs and of course the prestige along with it.

A woman, who once weighed 16st 6lb, has been able to lose a lot of weight and is not a bikini competitor, being an inspiration to many aiming to lose weight.

Data from the Office for National Statistics showed that the ineffective flu shots given in the previous year led to a rise in deaths in England and Wales.

The data from the agency showed that the previous year recorded the highest rise in deaths in a generation as an additional 28,189 people died in 2015 compared to 2014. The year recorded the largest percentage increase since

Stopping corporate inversion has been in the priority list of President Obama's administration. In a push to arrest the movement of American companies shifting their tax base overseas, avoiding higher U. S. taxes, the government scored one of its biggest win on Wednesday as New York based Pfizer cancelled its $160 billion merger with Ireland based Allergan.

For Panama, a country which has been under scrutiny for being a haven for tax evaders, a lot is at stake after the leaked Panama Papers; mainly its reputation and its legal and financial services industries, on which the economy is heavily dependent. Mossack Fonseca created by a reserved German immigrant and an aspiring novelist namely; Jürgen Mossack and Ramon Fonseca came into existence when the duo merged their law firms in 1986. At present the law firm has become a powerhouse of mysterious offshore banking used by the wealthy worldwide.