Jan. 25 (Bloomberg) — Deutsche Post AG, Europe’s biggest mail carrier, rose as much as 5.9 percent in German trading after Financial Times Deutschland said it may sell the unprofitable U.S. package and express-delivery unit to FedEx Corp. More: continued here
FedEx Corp. is attempting to buy the U.S. express division of rival DHL from its parent Deutsche Post World Net, according to a Reuters story that cites German newspaper Financial Times Deutschland. (FDX) More: continued here
Unofficially, the celebration began last Saturday night in the waning minutes of another Memphis blowout when fans in FedEx Forum began chanting, “We’re Number One.” But the formal party will be staged Saturday when the Tigers are scheduled to play their first home game as the top-ranked men’s college basketball unit. Deserted three years ago…
THE tennis world has been yearning for someone to challenge Roger Federer’s record-breaking domination and Novak Djokovic is being touted as the one in today’s Australian Open semi-final. More: continued here
FedEx Corp. has made Fortune magazine’s 100 “Best Companies to Work For” list again. (FDX) More: continued here
Who do FedEx Ground drivers work for, anyways? More: continued here
Sky News Going, Going, Gone: eBay Boss Steps DownSky News, United Kingdom –1 hour agoMeg Whitman is stepping down after 10 years as eBay boss after the online auctioneer issued a profits warning. She will be succeeded as chief executive by …On the Watch: EBAY QCOM SYMCBusinessWeekall 88 news articles More: continued here
Lawyers for FedEx Ground/Home Delivery drivers who have been misclassified as independent contractors instead of employees today are hailing the decision of the U.S. Court of Appeals for the 7th Circuit upholding the granting of class certification by the U.S. District Court in Indiana. More: continued here
Before the bell: TXN, EBAY, GM, GOOG, SBUX …BloggingStocks –31 minutes agoeBay Inc. (NASDAQ: EBAY) is set to report earnings after the close today. As the market speculates CEO Meg Whitman is preparing to retire as her 10-year at …Texas Instruments' results in line with expectationsBizjournals.comall 4 news articles More: continued here
MEMPHIS, Tenn.—-In a decision received today, the United States Court of Appeals for the Seventh Circuit declined to hear the request of FedEx Ground, an operating unit of FedEx Corp. for interlocutory review of the class certification decision in the Kansas case pending before the United States District Court in Indiana. More: continued here