FedEx plans up to $2.7 billion in cost cuts, higher shipping rates as demand weakens
admin FedEx Corp. on Thursday announced between $2.2 billion and $2.7 billion in cost savings for…
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Why Europe’s efforts to cap Russian oil prices and ban imports are doomed to fail
Russia’s seaborne crude oil exports have actually climbed since Moscow’s invasion of Ukraine in February…
Read MoreAs U.S. stymies China’s chip sector, Beijing’s domestic industry is mired in corruption
China’s semiconductor industry is in the midst of a corruption tsunami, just as the U.S.…
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 MoreOpinion: ‘Reshoring’ is poised to boost U.S. companies bringing business back home. Shares of these 17 companies will benefit.
One of the biggest trends in foreign investing plays out right here at home. It’s…
Read MoreThe S&P 500 sank 5% in a very bad week for stocks. These 20 lost as much as 24%.
U.S. stocks sputtered Friday to close out the week in the red. The day’s declines…
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…
Read MoreOpinion: Semiconductor companies have split into two groups — the resilient and the risky
Semiconductor industry CEOs this week celebrated on the White House lawn as the long overdue…
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PayPal stock falls after downgrade as analyst worries about margin impacts of its ‘engine’
PayPal Holdings Inc. continues to see traction with its Braintree online-payments product, but that may…
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