FedEx has stepped up to the challenge of rivals UPS by agreeing to buy Dutch package delivery company TNT Express for €4.4bn (£3.2bn, $4.8bn). European regulators blocked a 2013 takeover of TNT by UPS due to concerns it would stifle competition, but analysts and executives said FedEx, with its strong air fleet, would complement TNT's sizeable European road network. "In terms of FedEx, it …
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A friendless orphan has found a new family near Chicago. Spree, an 8-year-old female dolphin born at the Minnesota Zoo is now swimming with a pack of female dolphins at Brookfield Zoo. Spree first met Tapeko, 28, Noelani, 6, and Allison, 4, when the trio traveled from Brookfield to the Minnesota Zoo last August. More:…
Marketers and other companies will be able to purchase a “product” to quicken the integration of Facebook data into their sites through the new data portability project. More: continued here
The Associated Press Apple Net Up 15%, eBay Net Falls 8%123Jump.com, FLeBay earnings and sales fell compared to a year ago on a decline in gross transaction on its marketplaces sites. Apple (AAPL) reported its fiscal second quarter revenue of $8.16 billion compared to $7.51 billion and earnings in the period increased to …eBay, Apple Beat…
EBay Tops, Outlook Falls ShortInvestor’s Business Daily5 The online auctioneer and retailer said Q4 EPS rose 17% to 70, beating views by a penny. Revenue climbed 18% to $3.99 bil, snapping a three-quarter string of decelerating sales growth. EBay (EBAY) sees Q1 EPS of 60-62 cents, a penny shy of analyst … More: continued here
As part of an ongoing national expansion plan, FedEx Ground has announced that it will build a new facility that will more than double the size of an existing Radford location More: continued here
A 37-year-old FedEx driver was abducted at gunpoint for about an hour Monday night after several men took the driver’s truck and stole several packages before dropping him off in the Bucktown neighborhood, police said. More: continued here