FedEx expects to cut costs by an extra $1 billion as earnings beat but sales come up well short of target
admin FedEx Corp. on Tuesday said it planned to slash an extra $1 billion in costs…
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Veterans Day: Are banks open? Does USPS deliver mail?
It’s time to remember our veterans. Veterans Day is on Friday, Nov. 11. The holiday…
Read MoreDow drops 450 points to lowest level in nearly 2 years as rising bond yields hammer stocks
U.S. stocks fell for a fourth day on Friday, with the Dow Jones Industrial Average…
Read MoreThere’s some good news amid the FedEx gloom, says analyst
Shares of FedEx Corp. fell Friday, as the package delivery giant’s warning of a disappointing…
Read MoreFedEx plans up to $2.7 billion in cost cuts, higher shipping rates as demand weakens
FedEx Corp. on Thursday announced between $2.2 billion and $2.7 billion in cost savings for…
Read MoreFedEx plans up to $2.7 billion in cost cuts, higher shipping rates as demand weakens
FedEx Corp. on Thursday announced between $2.2 billion and $2.7 billion in cost savings for…
Read MoreFedEx earnings preview: Is it the company that’s struggling, or just the world?
Package-delivery giant FedEx Corp. reports full fiscal first-quarter results on Thursday, as the smoke clears…
Read MoreWhy FedEx’s stock plunge is so bad for the whole stock market
FedEx Corp.’s profit warning has cast a pall on the broader stock market, as a…
Read MoreWeekend reads: This may cause the next financial crisis
The Federal Reserve invigorated the economy before and during the coronavirus pandemic by purchasing Treasury…
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UPS stock jumps after profit beat and affirmed outlook, as raised U.S. prices helped offset dip in volume
Shares of United Parcel Service Inc. got a nice lift Tuesday, after the package delivery…
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