Woods will play for FedEx Cup (Everett Herald)
JERSEY CITY, N.J. — Tiger Woods entered The Barlcays on Friday, an indication that the world’s No. 1 player plans to compete in all four FedEx Cup playoff events for the first time.
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FedEx lays off 1,000 employees to cut costs (Daily News Journal)
ByadminMEMPHIS, Tenn. (AP) — FedEx Corp. laid off 1,000 employees Friday to meet job cuts the package delivery company announced were coming after third-quarter earnings dropped 75 percent. FedEx said half of the dismissed workers — all of whom were salaried or management employees — were employed in Memphis, where the corporation and its largest…
Mother’s Day gifts see spending shrink (Los Angeles Times)
ByadminFlowers, dinners and brunches are popular. Shoppers also plan to visit discount stores and focus just on mothers, stepmothers and wives. FedEx says the holiday is still one of the top delivery times. Sorry, Mom: The estimated 83 million mothers in the U.S. will be getting smaller and cheaper gifts on Sunday. More: continued here
FedEx buys NC land, won’t commit to building there (WBTV Charlotte)
ByadminKERNERSVILLE, N.C. (AP) – FedEx has bought 125 acres of land a few miles from the Piedmont Triad International Airport, but the company won’t say if it will be home to a regional shipping center. More: continued here
Kuchar in Driver’s Seat in FedEx Cup Playoffs
ByadminMatt Kuchar’s sudden-death victory over Martin Laird in last week’s Barclays put the Georgia Tech grad in a great position to win the FedEx Cup playoffs. More: continued here
FedEx and pilots approve labor agreement
ByadminFedEx and the Air Line Pilots Association say they approved a labor agreement that includes a 3 percent pay raise. The association approved the agreement in balloting that ended early Wednesday. More: continued here
Moody’s affirms FedEx ratings, negative outlook (AP via Yahoo! Finance)
ByadminMoody’s Investors Service on Friday said it affirmed FedEx Corp.’s debt ratings but lowered the company’s outlook to “Negative” from “Stable,” signaling a possible downgrade in the next year and a half. More: continued here