FedEx

The disruption to European air travel from the volcanic eruption in Iceland continued Tuesday, with the situation expected to worsen in some areas, according to Britain’s National Air Traffic Services. More: continued here

Fedex shares fall sharply after the firm warns that the global economy is not recovering as strongly as it expected. More: continued here

Bidness Etc Amazon Rises, eBay Falters After ChannelAdvisor Reports July Comps SalesBidness EtcMeanwhile, same-store sales at the company's rival eBay, Inc. (EBAY) rose only 9.7%, down from the 12.3% growth in June, showing a slight weakness of late. Auction sales declined 8.2% at eBay, while comp sales of fixed price items rose 12.8%. Auto …Update:…

FedEx Corp. cut its earnings estimate Tuesday, citing slow global economic growth. The FedEx earnings shortfall came mainly in the company's express division.  More: continued here

Times of India eBay India lays off 350Times of IndiaBENGALURU: Online marketplace eBay has laid off nearly 350 employees in India across eBay Marketplaces and PayPal as it prepares for a radical restructuring of its business ahead of a planned spilt of the two companies in the second half of the year.eBay lays off 350…

Union organizers have their eye on the soon-to-open FedEx Express Mid-Atlantic hub, but the odds they could successfully penetrate the facility in the least-unionized state in the country could depend on legislation now pending in Congress. More: continued here