Latest FedEx Corp News
2 planes aborted landings in San Francisco when a Southwest jet taxied across their runways
SAN FRANCISCO (AP) — Two airliners aborted landings at San Francisco International Airport last week after pilots spotted a Southwest Airlines jet taxiing across runways on which the other planes had been cleared to land. An air traffic controller told the Southwest pilots they...
FedEx pilots vote to authorize strike as they push for higher wages in contract negotiations
NEW YORK (AP) — FedEx Express pilots voted overwhelmingly to authorize a strike in a move they hope will help their union win a new contract that would include pay raises. The Air Line Pilots Association said Wednesday that 99% of its FedEx members who took part voted to authorize...
Washington Commanders timeline under Dan Snyder
Dan Snyder's ownership of the Washington Commanders, which has been a matter of considerable debate for many years, is coming to an end. Snyder has agreed to sell the team for a record $6.05 billion to a group led by Philadelphia 76ers and Devils owner Josh Harris, which also...
High-capacity magazine supplier sued in FedEx mass shooting
The son of a man killed in a 2021 mass shooting at an Indianapolis FedEx facility filed a federal lawsuit Thursday with two of the survivors against the distributor of the 60-round magazine used by the gunman, alleging the use of reckless marketing tactics targeting young men at risk for violent...
FedEx, Conagra rise; Schnitzer Steel, Simply Good Foods fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: FedEx Corp., up $3.44 to $229.93. The package delivery service will restructure its operations as part of a $4 billion cost-cutting plan. Johnson & Johnson, up...
FedEx combines air, ground, other operations to slash costs
NEW YORK (AP) — FedEx will combine almost all of its ground, air and other operations by next year as part of a $4 billion cost cutting plan. The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will be...
Editorial Roundup: Indiana
Fort Wayne Journal Gazette. April 3, 2023. Editorial: Ways and Means OKs state TANF program expansion Indiana’s poorest families could receive more financial assistance from the state’s Temporary Assistance for Needy Families (TANF) program in a few years. But...
Editorial Roundup: United States
Excerpts from recent editorials in the United States and abroad: March 27 The Washington Post on breaking up human organ monopolies A proposed overhaul of the system that governs how human organs are procured, transported and transplanted in the United...
FedEx, Hallador rise; Groupon, Blend Labs fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: FedEx Corp., up $16.26 to $220.31. The package delivery company handily beat Wall Street's fiscal third-quarter profit forecasts. Ballard Power Systems Inc. down 15...
FedEx: Fiscal Q3 Earnings Snapshot
MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — FedEx Corp. (FDX) on Thursday reported fiscal third-quarter net income of $771 million. On a per-share basis, the Memphis, Tennessee-based company said it had profit of $3.05. Earnings, adjusted for non-recurring costs, were $3.41 per...
