Mitt Romney says his experience in private equity taking over troubled companies would make him a good manager of America's economy. So we're reporting on companies that Bain Capital bought while Romney was in charge of the firm. This morning, we told the story of one that went bust. Here's the story of one that succeeded.
Facing a financial crisis, the United States Postal Service announced that 223 processing facilities have been "found feasible for consolidation, all or in part." Of the 264 processing facilities studied, only 35 are set to remain open.
On Wednesday, President Obama and a number of special guests celebrated the groundbreaking for the National Museum of African American History and Culture. The Smithsonian museum on the National Mall in Washington, D.C., is expected to open in 2015.