Fedex Corp

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  FedEx Corp To Lay Off 10% Of Management Ranks: Report

  In an email to staff on Wednesday, Chief Executive Raj Subramaniam said the company was reducing the size of its officer and director ranks and consolidating some teams and functions.

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  Nuro To Invest $40 Million To Set Up Manufacturing, Testing Units In U.S.

  In June, the Autonomous delivery startup Nuro had teamed up with package delivery company FedEx Corp and signed a multi-year agreement to test self-driving vehicles.

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  FedEx To Test Package Deliveries With Self-Driving Startup Nuro

  FedEx Corp and robotics company Nuro on Tuesday announced a multi-year agreement to test self-driving vehicles in the package delivery company's network, starting with a pilot program in Houston.

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  China Targets FedEx In 'Warning' To US

  China targeted FedEx in its escalating trade war with the U.S., giving a hint of the kind of foreign companies it may blacklist as "unreliable."

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  Boeing Kickstarts Air Show With Order For Jets Worth $4.7 Billion

  Boeing Co said on Monday it won an order for 14 freight aircraft for a value of $4.7 billion, firing the opening salvo against rival Airbus SE in a contest for business on day one of the Farnborough Airshow.

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  "Race Against Time" To Find Bomber As Fifth Device Blows Up In Texas

  A package bomb blew up at a FedEx Corp distribution center near San Antonio on Tuesday, officials said, and the FBI was investigating whether it was linked to a series of four homemade bombs that hit the Texas capital of Austin this month

• Mega-Merger Helps Drive European Stocks to 8-Year High

  European shares clawed their way to an eight-year high on Wednesday, driven by a $70 billion mega-deal in the oil and gas sector that added to a flurry of merger and acquisition (M&A) activity that has gripped investors this week.

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  FedEx to Buy TNT for $4.8 Billion to Expand Europe Deliveries

  FedEx Corp is seeking to buy Dutch package delivery firm TNT Express for an agreed 4.4 billion euros ($4.8 billion), aiming to succeed where United Parcel Service failed two years ago when its bid was blocked by competition regulators.

• European Stocks Zip Higher on M&A Pipeline, Fed Outlook

  FedEx Corp made a 4.4 billion-euro ($4.8 billion) bid to buy Dutch package-delivery company TNT Express, sending TNT shares jumping almost a third in value and lifting shares across the sector and beyond.

• FedEx Faces US Charges Over Online Pharmacies

  FedEx Corp was indicted on Thursday for shipping packages from illegal online pharmacies despite repeated warnings from US drug enforcement officials, according to a court filing.

• Truck slams into bus carrying California high school students, at least 9 killed

  At least nine people were killed and 32 injured on Thursday when a tour bus carrying high school students collided with a FedEx truck in Northern California, a California Highway Patrol (CHP) spokeswoman said.

• New York City sues FedEx for illegally shipping cigarettes to homes

  The lawsuit, filed in U.S. District Court in Manhattan, marks one of the last acts by the administration of Mayor Michael Bloomberg, whose more than decade-old campaign to ban smoking in various public and private places has been credited with saving thousands of lives and become a blueprint for other cities.

• New York City sues FedEx for illegally shipping cigarettes

  New York City has sued FedEx Corp, accusing it of illegally delivering millions of contraband cigarettes to people's homes and seeking $52 million in fines and unpaid taxes.

• Wal-Mart may get customers to deliver packages to online buyers

  Wal-Mart Stores Inc is considering a radical plan to have store customers deliver packages to online buyers, a new twist on speedier delivery services that the company hopes will enable it to better compete with Amazon.com Inc.

• Global growth concerns weigh on Wall Street

  The Dow Jones industrial average was down 90.36 points, or 0.69 per cent, at 13,034.26.