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FedEx announces end of SameDay City delivery service as demand plunges

Logistics giant FedEx has announced the end of its SameDay City delivery service after a decade of operation. The retirement of what was dubbed as "the fastest local shipping option" [.]

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FedEx to cut senior jobs as part of larger staff reduction

FedEx Corp on Wednesday said it would cut its officer and director ranks by more than 10% as part of a broad cost-reduction effort that has reduced staffing at the delivery giant by 12,000 workers

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FedEx To Cut Senior Jobs As Part Of Larger Staff Reduction

FedEx Corp on Wednesday said it would cut its officer and director ranks by 10% as part of a broad cost-reduction effort that has reduced staffing at the delivery giant by 12,000 workers since June,

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Wall Street closes higher as inflation concerns appear to be easing

The energy sector had the best performance of the day, increasing by 1.9%. The Dow Jones Industrial Average increased by 216.96 points.

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Rebound in U.S. stocks faces earnings test

By Caroline Valetkevitch NEW YORK (Reuters) - A tentative bounce in U.S. stocks is about to face a key test, as companies get set to report fourth-qua.

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