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June 9, 2021

FedEx Corp

Low-tax stocks slide after report says Biden is pushing for a 15% minimum corporate rate

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CNBC – For more and to sign up click here Amazon vans line up at a distribution center to pick up packages for delivery on Amazon Prime Day in Orlando, Florida. Paul Hennessy | NurPhoto | Getty Images Amazon, Qualcomm and Micron were among stocks that fell Thursday after a......

Adobe’s newest top executive explains how Covid pandemic changed his first year on the job

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CNBC – For more and to sign up click here When Anil Chakravarthy joined Adobe in January 2020, his job as head of the Digital Experience business was to help customers modernize and take advantage of the cloud. He also had to gear up quickly for Adobe Summit, the company’s......

Target is testing a new approach to get packages to customers’ doors even faster

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CNBC – For more and to sign up click here Target wants to get online purchases to customers’ doors even faster. Instead of shipping packages through carriers, the retailer will also enlist the help of its own team of dedicated delivery people. The new approach — tested in Target’s hometown......

Progressive group targets FedEx, Nike in campaign calling for higher corporate taxes

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CNBC – For more and to sign up click here A FedEx employee loads up deliveries in San Francisco. Getty Images A progressive group pushing Congress to raise the corporate tax rate is launching an ad campaign targeting FedEx and Nike, two large American companies with light federal tax bills.......

FedEx is named top pick at Barclays, but another transports stock looks set to break out, trader says

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CNBC – For more and to sign up click here FedEx is taking an exciting ride. Shares of the shipping giant closed half of 1% higher on Wednesday after Barclays named the stock its top pick among the transports. The analysts cited the company’s “exceptional growth,” fueled in large part......

Washington Football Team owner Dan Snyder to buy all minority shares for $875 million, report says

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CNBC – For more and to sign up click here WFT owner Dan Snyder, center, before a game between the Washington Football Team and the New York Giants at FedEx Field in Landover, MD on November 8, 2020. John McDonnell | The Washington Post | Getty Images Washington Football Team......

Stocks making the biggest moves in the premarket: Nike, FedEx, Skillz, Ford & more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike came in 14 cents a share above estimates, with quarterly profit of 90 cents per share. The athletic footwear and apparel company’s revenue came......

FedEx earnings beat estimates on ‘unprecedented’ holiday shipping season

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CNBC – For more and to sign up click here Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, U.S. December 20, 2020. Paul Sancya | Reuters FedEx on Thursday reported better-than-expected profits and revenues in its most recent......

Stock futures rise slightly after Thursday’s sell-off

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CNBC – For more and to sign up click here U.S. stock futures rose modestly on Thursday evening as Wall Street looked to shake off a broad sell-off during market hours. Futures contracts for the Dow Jones Industrial Average rose 37 points, or 0.1%, while those for the S&P 500......

The Fed could be a catalyst for bonds, and that could drive growth stocks in week ahead

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CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange Source: NYSE Bonds could be volatile in the week ahead. If yields go higher, that could make it difficult for big tech and other growth stocks to gain traction. Rising......

Amazon spends $131 million to take minority stake in air cargo contractor ATSG

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CNBC – For more and to sign up click here Amazon has taken a minority stake in Air Transport Services Group, an air freight partner that operates a significant share of the company’s fast-growing aviation logistics unit. Amazon exercised warrants in ATSG that will allow it to acquire about 13.5......

This mother of three started a soap company after school closures forced her to quit her job

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CNBC – For more and to sign up click here The Covid shutdown started almost a year ago. For some parents, that means a full year of figuring out how to work while their children’s schools are closed. Tiffany Dangerfield quit her job at FedEx to stay at home with......

Amazon Air will have a ‘growth spurt’ this spring and could eventually resemble an airline, study says

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CNBC – For more and to sign up click here Amazon.com boxes are shown stacked near a Boeing 767 Amazon “Prime Air” cargo plane on display in a Boeing hangar in Seattle. Ted S. Warren | AP Amazon‘s aircraft fleet is on pace to have doubled in size between May......

Severe winter storm temporarily shutters hundreds of Walmart stores in Texas, other states

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CNBC – For more and to sign up click here Ice covers trees and bushes outside Walmart during extreme cold weather in Cleveland, Mississippi, February 11, 2021. Rory Doyle | Reuters Hundreds of Walmart stores are temporarily closed as winter weather causes severe ice and power outages in Texas, the......

Amazon has an app called Mentor that tracks delivery drivers — here’s what they say about it

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CNBC – For more and to sign up click here Amazon vans line up at a distribution center to pick up packages for delivery on Amazon Prime Day, July 16, 2019, in Orlando, Florida. Paul Hennessy | NurPhoto | Getty Images Last week, Amazon triggered privacy concerns when it confirmed......

Amazon is using AI-equipped cameras in delivery vans and some drivers are concerned about privacy

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CNBC – For more and to sign up click here An Amazon.com delivery driver carries boxes into a van outside of a distribution facility on February 2, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images Amazon drivers at some U.S. facilities will soon have an extra......

GameStop mayhem hits close to home for co-founder’s son, who’s active on WallStreetBets

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CNBC – For more and to sign up click here A GameStop store in Hollywood, California, busy with customers waiting in line to enter the video game retailer on January 27, 2021. AaronP | Bauer-Griffin | GC Images | Getty Images Ben Kusin, a longtime Redditor, has enjoyed a front-row......

FedEx Ground CEO Maier announces retirement, company’s freight chief to fill top job

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CNBC – For more and to sign up click here A woman walks past FedEx Corp. Ground vehicle parked in the Midtown neighborhood of New York, U.S., on Friday, Dec. 4, 2015. John Taggart | Bloomberg | Getty Images FedEx Ground CEO Henry Maier is retiring from the Memphis-based logistics......

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