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.
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.
First there was Black Friday, then as e-commerce reached popularity in 2005, Cyber Monday was created. Now there is a new shopping holiday: a grassroots movement known as Small Business Saturday sponsored by American Express to help flailing local merchants and businesses.
U.S. retailers trying to woo shoppers with early deals and longer hours this week, and throughout the holiday season, could be putting their profits at risk as shoppers search for bargains and not much else.
United Parcel Service Inc. (NYSE: UPS) plans to increase 2012 rates by 4.9 percent for ground package shipping, air shipping and, U.S.-origin international shipments, the company announced Friday. New pricing takes effect Jan. 2, 2012.
A Fed Ex employee's husband opened fire at a shipping center Thursday morning, eventually committing suicide.
Hiring for the approaching holiday season in the U.S. is expected to be on par with 2010, in line with an anticipated year-on-year growth decline in seasonal sales, according to the National Retail Federation. Still, seasonal jobs provide an opportunity to secure a permanent position, employers and industry experts say.
United Parcel Service reported a higher quarterly profit as increased pricing, cost cutting and technology improvements helped compensate for domestic shipping volume dulled by a sluggish economy, and it affirmed its outlook for record 2011 results.
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.
FedEx Corp. expects a 12 percent jump in holiday shipments this year and will add about 20,000 workers to handle the record volume driven by online shopping.
E-commerce will drive record holiday shipments this year for FedEx Corp., the world's No. 2 package delivery company said on Monday.
The 2012 PGA Tour schedule has been released and includes 45 official money tournaments, the same number as 2011.
Now that Kodak shares trade at only 78 cents, the collapse of the imaging icon would be a technology tragedy and a black eye for the U.S.
The emergence of an anonymous group asking for the removal of athletic director Pete Boone caused University of Mississippi Chancellor Dan Jones to publicly decry the motives.
The golf legend has found a replacement for Steve Williams.
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.
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.
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.
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.
Ernie Els is a three-times major champion and has faced plenty of pressure in his glittering career but he had to survive a nerve-racking finish to the Deutsche Bank Championship on Monday.
Webb Simpson birdied his last three holes of the day to clinch his second PGA Tour title with a playoff victory over fellow American Chez Reavie for the Deutsche Bank Championship on Monday.
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.