Fedex

RIM's New Woes Seen Speeding Loss of BlackBerry Users

Research In Motion's appointment of bankers to advise on drastic options, including an outright sale of the BlackBerry maker, may only hasten moves by major customers to offer their employees smartphones produced by rivals.

US Postal Service Loss Widens To $3.2 Billion in 2Q

The nearly bankrupt U.S. Postal Service said Thursday its net loss widened to $3.2 billion in the fiscal second quarter as revenues continue to dwindle. It also said it lacks sufficient cash to pay for required future retiree health benefits.

FedEx settles hiring probe for $3 million

FedEx Corp will pay back wages and interest to more than 21,000 people rejected for jobs in a $3 million settlement of a bias case brought against two of the company's units by the U.S. Department of Labor.

Dow, S&P drop for 3rd day on global growth worries

The Dow and the S&P 500 fell for a third straight day on Thursday on concerns about the global economy's growth outlook after manufacturing data showed a drop in new orders in both the euro zone and China.

FedEx to pay Labor Dept $3 million over hiring

FedEx Corp will pay back wages and interest to more than 21,000 people rejected for jobs in a $3 million settlement of a bias case brought against two of the company's units by the U.S. Department of Labor.

FedEx profit rise beats estimates

FedEx Corp reported higher quarterly profit that beat estimates, citing higher revenue per package and record holiday shipping, and forecast further advances in the current quarter.

5 Ways Rising Gas Prices Will Affect You

High oil prices affect politics, schools, jobs, public budgets and almost every industry. But current pressures could be augmented if war breaks out between Israel or the United States and Iran, with the result being a costly disruption in global supply.

UPS To Acquire TNT Express For €5.16B In All-Cash Deal

UPS will pay €9.50 a share in cash for Europe's second-biggest express-delivery provider, up from a February bid of €9 a share and 54 percent above TNT shares' closing price on Feb. 16. The deal is the biggest in UPS's 105-year history.

iPad 3 Released Worldwide: Customers Reactions (PHOTOS)

iPad 3 has launched its worldwide release to thousand of waiting fans and tech aficionados alike. David Tarasenko, a construction manager from Sydney, Australia was the first lucky buyer of a new iPad 3 HD. From there, store openings across Austrailia and Asia continued to before European stores opened at 8 a.m. local time. In San Francisco, one of Apple's flagship stores, customers waited in light rain as local television crews shot news reels of people holding umbrellas and reading their iP...

UPS Still In Takeover Talks With TNT Express

U.S. delivery company United Parcel Service Inc. (NYSE:UPS) said Friday it is in constructive talks to buy Dutch rival TNT Express NV and reiterated its intention to make a formal bid by May 12.

TNT Express-UPS deal to come after Friday: sources

United Parcel Service and TNT Express are unlikely to announce a deal on Friday when they need to update the market about the status of their merger talks, but a deal could come soon after that, sources close to the talks said.

Stock Futures Signal Higher Open on US Markets

Stock index futures pointed to a rise in U.S. equities on Tuesday after the market opens following Monday's Presidents Day holiday, with futures for the S**9**P 500, the Dow Jones Industrial Average and the Nasdaq 100 rising 0.4 percent to 0.5 percent.

TNT Express Rejects $6.45 Billion UPS Bid

Dutch delivery firm TNT Express said on Friday its board of directors has rejected an unsolicited takeover offer from U.S-based peer UPS worth an estimated 4.9 billion euros, but it said discussions are continuing.

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