FEDEX

U.S. Postal Service Cutbacks Likely to Slow Mail Delivery

U.S. Postal Service
In the financial crisis-era, with its constrained public revenue from a smaller U.S. workforce, almost every government agency is forced to belt-tighten -- including the U.S. Postal Service, which will implement historic cutbacks starting in the spring of 2012.
Tian Tian, a female giant panda looks out of her container as it is unloaded off an aircraft at Edinburgh airport in Scotland

Panda Express from China to Scotland: Hairy Friends Arrive in Britain [PHOTOS & VIDEO]

A pair of pampered giant pandas, two of the few remaining specimens of an endangered species, was welcomed to their new homes in Scotland, on Sunday. The plane - Panda Express - carrying the two animals, for whom the Edinburgh Zoo is paying $10 million to Chinese authorities, landed at 9 p.m. Beijing time, at Edinburgh Airport, after taking off from the southwestern Chinese city of Chegndu.
More news
IBTimes Logo

FedEx Plans to Hire 20,000 New Workers for Holidays

FedEx announced on Monday, that it will hire about 20,000 new seasonal workers for the holidays, compared to just 17,000 last year. This increase will surely help some unemployed Americans, at least during the holiday season.
IBTimes Logo

UPS, FedEx poised to gain from Postal Service pain

United Parcel Service Inc and FedEx Corp , which have long been undercut by the U.S. Postal Service's low prices for package delivery, could have much to gain as the agency faces a painful restructuring.
IBTimes Logo

FedEx pares 2012 outlook, shares hit 2-year low

FedEx Corp , the world's No. 2 package delivery company, cut its full-year profit outlook, citing fuel prices and weak global economic growth, sending its shares down as much as 11 percent to a two-year low.
IBTimes Logo

FedEx profit rises; pares 2012 outlook

FedEx Corp , the world's No. 2 package delivery company, reported a higher quarterly profit that slightly beat forecasts but pared its outlook for the full year, citing fuel prices and moderate global economic growth.
IBTimes Logo

FedEx profit rises, pares 2012 outlook

FedEx Corp reported a higher quarterly profit than a year ago, but pared its outlook for the full year, citing fuel prices and moderate global economic growth.
Woman walks past an electronic board displaying market indices outside a brokerage in Toky

U.S. Stock Futures Point Downward

Stock index futures pointed to a lower open on Wall Street, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures down between 1.4 to 1.8 percent at 0923 GMT.
IBTimes Logo

FedEx Seen Cutting Outlook with Economy Stalled

FedEx Corp is seen reporting higher quarterly results than a year ago on Thursday, but analysts are more keen to see if the No. 2 package delivery company cuts its full-year guidance because stalled global economic growth has stifled volume.
Spain's Jose Maria Olazabal tees off on the eighth hole during the second round of the 93rd PGA Championship golf tournament at the Atlanta Athletic Club in Johns Creek

Ryder Cup Captain Slams Seve Trophy No-Shows

Ryder Cup captain Jose Maria Olazabal has slammed the likes of major champions Rory McIlroy, Martin Kaymer and Graeme McDowell for not making the effort to compete in the Seve Trophy.
Federal Reserve Chairman Ben Bernanke

Bernanke, Europe Hold key to Market Rally

Wall Street hopes for more Fed action and clear signs European leaders will follow through on their new urgency to tackle the euro zone debt crisis if U.S. stocks are to build on their best week since early July.
Scwartzel, Watson and Scott share lead at Deutsche...

Watson Clings to Lead at Deutsche Bank Event

Bubba Watson regained his composure after dropping three shots on the back nine holes to grab a one stroke lead after the third round of the Deutsche Bank Championship on Sunday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.