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City Hall: Key Players Back Renaming Old World Third to MLK Drive


Westown Association, Mayor, all 15 council members back proposal. But there are complications.
By
Jeramey Jannene - Jan 27th, 2021 12:39 pm
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Part of Third Street became Old World 3rd Street. Photo by Carl Baehr.
King Drive is coming Downtown, but Old World Third Street won’t quite disappear.
The Common Council’s Public Works Committee unanimously recommended renaming N. Old World Third Street to N. Doctor Martin Luther King Jr. Drive from W. McKinley Ave. to W. Wisconsin Ave.
The move, if approved by the full council in February, would eliminate a 1984 political compromise when the council and Mayor ....

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FedEx Ground CEO Henry Maier To Retire


FedEx Ground CEO Henry Maier To Retire
MEMPHIS (dpa-AFX) - FedEx Corp. (FDX) Tuesday said that Henry Maier, president and CEO, FedEx Ground, will retire effective July 31, 2021.
John Smith, president and CEO, FedEx Freight, will succeed Maier as president and CEO, FedEx Ground. Lance Moll has been named the next president and CEO, FedEx Freight.
Henry has helped steer tremendous growth across our commercial and e-commerce portfolio, said Raj Subramaniam, president and COO, FedEx Corp. Under his leadership, FedEx Ground revenue has more than doubled, with a focus on automation and speed as distinct competitive advantages. I am incredibly appreciative of Henry s service to FedEx and wish him well as he begins this next chapter. ....

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26Jan2021 Market Close: Wall Streets Massive Melt-Up Continues; Bonds, Bitcoin, And Bullion Flat, DOW Closes Down 23 Points, Nasdaq Closes Down -0.1%, Bitcoin At 32,120


General Electric shares pop on better-than-expected industrial cash flow, rosy outlook (SPY -0.2%). Stay defensive; market s directional consensus is on downside.
The Market in Perspective
Here are the headlines moving the markets.
IMF Sees Oil Prices Averaging $50 In 2021
Oil prices are set to average $50 per barrel for 2021, rising by 20 percent from the average last year, but still well below the average for 2019, the International Monetary Fund (IMF) said in its World Economic Outlook Update on Tuesday. In the October update, the IMF had expected oil priceswhich it calculates at the simple average of the prices of Brent, Dubai Fateh, and West Texas Intermediate crudeto average $46.70 a barrel in 2021. The average price of oil was $41.29 per barrel in 2020, while the IMF sees the average ....

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