PRC Releases FY 2022 Annual Compliance Determination: USPS continues to struggle with compliance in some areas

A decision obliging more than 9,000 Canadian rail workers to stay on the job is a win for the railways and could impact bargaining in other federally regulated sectors like aviation, the head of a Canadian rail workers' union told Reuters. Paul Boucher, president of the Teamsters Canada Rail Conference, also said the union would work with other labour groups as it mounts a legal challenge to a Saturday decision that halted work stoppages at the country's two largest railways and imposed arbitration. While the Teamsters will obey the order to return to work, the union has warned it could lead to the imposition of future contracts, eroding workers' bargaining power. The decision comes as Air Canada pilots (AC.TO), opens new tab press for a new contract and can commence job action as early as mid-September if there is no agreement with the country's largest carrier.

Looking more closely at Meredith's fiscal 2018 first quarter compared to the prior-year period: •Local Media Group revenues were $154 million, operating profit was $41 million and EBITDA was $49 million, all record highs for a non-political first quarter. Non-political advertising revenues increased 4 percent to $88 million, led by growth in the Atlanta, Phoenix and St. Louis markets. Digital advertising revenues grew 14 percent. Other revenues increased 24 percent, primarily due to growth in retransmission-related revenues. •National Media Group revenues were $239 million. Operating profit grew 17 percent to $28 million. Excluding the special item in the first quarter of fiscal 2018, operating profit grew 4 percent to $25 million, driven primarily by lower operating expenses in Meredith's magazine business. Circulation revenues grew slightly compared to the prior-year period. •Total Company digital advertising revenues were a fiscal first quarter record. Traffic across Meredith's digital properties increased to 83 million average monthly unique visitors. National Media Group digital advertising revenues accounted for 30 percent of National Media Group advertising revenues. Click Read More below for additional information.

With the juvenile and YA nonfiction categories both posting better than 32% gains, unit sales of print books rose 10.3% in the week ended Sept. 26, 2020, over the comparable week in 2019, at outlets that report to NPD BookScan. Unit sales rose 32.3% in juvenile nonfiction over the week ended Sept. 28, 2019. Two new titles helped boost sales: Superpowered by Renee Jain sold more than 11,000 copies in its first week, putting it in second place on the category list. Channel Kindness debuted in sixth place on the list, selling nearly 8,000 copies. In third place was Patricia Brennan Demuth’s Who Is Ruth Bader Ginsburg?, which sold more than 11,000 copies. Stamped by Jason Reynolds and Ibram X. Kendi was #1 in YA nonfiction, selling almost 8,000 copies. Total units in the category rose 34.5% over 2019.