MEMPHIS, Tenn. — Top managers of FedEx Corp. said Thursday they have no plans for major nationwide changes in the company’s reliance on contract drivers for its ground delivery division.
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FedEx Corp. rose to the highest since 2008 in New York trading as investors focused on strength in shipping demand rather than a reduced earnings forecast the company attributed to winter storms and rising fuel prices. More: continued here
eBay's Q3: Earnings beat estimates but Q4 forecast looks weakZDNeteBay reported third quarter earnings after the bell on Wednesday, and the report was saved by revenue increases across the portfolio. Collectively, the online retail giant reported a net income of $689 million, or 53 cents per share (statement). Non … More: continued here
Protestors march outside of the FedEx Office store at 1440 Vine Street. About 200 people met Wednesday outside a Hollywood FedEx store to protest the FedEx corporation for allegedly paying less than 1 percent in federal taxes last year. More: continued here
BBC News Google, Facebook, eBay launch US internet lobbyTimes of MaltaBig technology firms including Google, Facebook, eBay and Amazon have joined to create a new lobby group aimed at promoting “an open, innovative and free internet”. The Internet Association announced its formation in a statement on its website, …Google, eBay, Amazon, Facebook back new lobbying…
E-mails show PayPal considering Austin expansionAustin American-StatesmanPayPal, the online payments arm of eBay, is considering expanding in Austin, where it has a large technology development center, according to City Council e-mails released Friday. Included in the hundreds of e-mails were a few involving a dinner in …PayPal looking to expand Austin operationsAustin Business Journalall 2…
FedEx Corp. plans to expand its local FedEx Smart Post operation and move from Leetsdale to the Clinton Commerce Park in Findlay. More: continued here