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FedEx: IRS drops tax penalty (The Indianapolis Star)

South Bend » FedEx Corp. said the Internal Revenue Service withdrew a preliminary finding that it owes back taxes for misclassifying drivers, bolstering the company’s assertion that the workers are contractors and not employees. The IRS is continuing a tax audit of the FedEx Ground unit for the 2002 calendar …

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Economic Debris Clouds Amazon's Outlook – TheStreet.com

Economic Debris Clouds Amazon's OutlookTheStreet.com –9 hours agoBoth Google and eBay talked about the strains caused by the economy in their earnings last week. But Google managed to beat estimates despite the downturn, …Amazon posts gains, but outlook disappointsMarketWatchAhead of the Bell: Amazon.comForbesCan Amazon and E-Commerce Survive the Crunch?New York Timesall …

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Fedex to construct solar powered hub in Germany (vnunet.com)

Tom Young, BusinessGreen , Wednesday 22 October 2008 at 10:12:00 Sorting facilities will be partly solar powered Fedex Express – a subsidiary of Fedex – began work this week on a new distribution hub in Germany that will be partly powered by a 1.4MW solar power system…. More: continued here

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FedEx Drivers Win Suit (The Lakeland Ledger)

Drivers for FedEx Corp. have won about $14.4 million in a dispute over whether the delivery company illegally classified them as independent contractors instead of employees. Lawyers for about 200 drivers said Monday that a referee appointed by a Superior Court judge had awarded the amount in reimbursed job-related expenses …

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