Transportation/Shipping
- Stock Market
FedEx says holiday rush has been ‘relatively similar’ to last year, as forecast sends shares lower
Shares of FedEx Corp. dropped in after-hours trading Tuesday after the package-delivery giant trimmed its full-year sales forecast, amid continued…
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Tentative agreement for Gaza hostage releases awaits approval by Israel’s cabinet
JERUSALEM (AP) — Israel’s cabinet was to convene Tuesday to consider a possible deal for the release of some of…
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FedEx’s aggressive cost cuts are beating weaker demand in battle for investor sentiment
Package deliverer FedEx Corp. is targeting more than $4 billion in cost cuts in the months ahead. But investors, after…
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Xi says U.S. is trying to hinder China in its quest for global influence
BEIJING (AP) — Is the United States out to sabotage China? Chinese leaders think so. President Xi Jinping has accused…
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Arctic blast threatens negative-50ºF temperatures in New England, while Texas power grid is again sputtering
Rising temperatures offered some hope Friday for frustrated Texans days after they lost power — and in many cases heat…
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Earnings Watch: Microsoft, Tesla and Intel are about to face the doubters
After one of the worst years in Wall Street’s history, investors have some serious questions for companies. As holiday returns…
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FedEx expects to cut costs by an extra $1 billion as earnings beat but sales come up well short of target
FedEx Corp. on Tuesday said it planned to slash an extra $1 billion in costs beyond what it outlined in…
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Biden says Saudis will face consequences over OPEC+ production-quota cut that aids Russia and harms Americans
WASHINGTON (AP) — President Joe Biden said Tuesday there will be “consequences” for Saudi Arabia as the Riyadh-led OPEC+ alliance…
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Why California is paying nearly 70% more for gasoline at the pump than the rest of the country
California has pretty much always paid much more than the nation for gasoline at the pump, in part due to…
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Republican lawmakers likely to target ‘woke capitalism’ after the midterm elections, analysts say
As Republicans campaign to take back control of Congress in November’s midterm elections, analysts are offering forecasts for what a…
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