FedEx Corp. (FDX) faces money-laundering charges in a drug-trafficking case brought by the U.S. last month over its shipping of prescription painkillers and other controlled substances for illegal Internet pharmacies.
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Police said a suspicious package at a shipping store turned out to be a box of live boa constrictors. Fairfield Township police said they were called Tuesday after FedEx Office employees saw two pillowcases moving when they got curious and opened the parcel at a store about 20 miles north of Cincinnati. More: continued here
June 11 (Bloomberg) — U.S. stocks retreated, pushing the Standard & Poor’s 500 Index to its lowest level in two months, as banks and transportation companies plunged on speculation faster inflation will force central banks to raise interest rates. More: continued here
A Blakeslee man driving with a suspended license hit a man twice with his car in the FedEx parking lot on Route 940 on Thursday — after the man threatened to call police and report his dangerous driving, according to police. More: continued here
FedEx Corp. posted quarterly profit that beat analysts’ estimates as U.S. consumers bolstered by a better labor market increased holiday orders from online retailers. More: continued here
Parts of East Hamilton Street and Hanover Avenue remain closed while police investigate the crash. More: continued here
Vijay Singh has won the FedEx Cup, finishing four rounds at the Tour Championship to clinch the PGA Tour’s points race and earn a $10 million bonus. Singh won the first two playoff events, building such a large lead that no one could catch him at East Lake unless the 45-year-old Fijian withdrew or was…