The Internal Revenue Service orders FedEx Corp. to pay back taxes and fines totaling $319 million for ground employees the firm misclassified as independent contractors. More: continued here
Read More »FedEx to Pay $319 Million in Taxes in Contractor Case (Update1) (Bloomberg.com)
Dec. 21 (Bloomberg) — FedEx Corp., the second-largest U.S. package-shipping company, will have to pay $319 million in back taxes and penalties for misclassifying ground-delivery workers as contractors in 2002. More: continued here
Read More »Analysts wonder when Whitman will leave eBay – San Francisco Chronicle
Analysts wonder when Whitman will leave eBaySan Francisco Chronicle, USA –Dec 21, 2007Early in her reign at eBay, Meg Whitman said she couldn't imagine being in charge for more than 10 years – an anniversary that is coming in February. …Should Amazon buy eBay?BloggingStocksall 2 news articles More: continued here
Read More »Police investigate FedEx truck hijacking (CNN.com)
NEW YORK (AP) — Gunmen hijacked a FedEx delivery truck loaded with Christmas presents early Friday on a Manhattan street, officials said. More: continued here
Read More »IRS says Fedex owes $319 mln in back taxes: filing (Reuters via Yahoo! News)
Fedex Corp said on Friday that the U.S. Internal Revenue Service found that its FedEx Ground independent contractors should be reclassified as employees for tax purposes and that the company faced related taxes and penalties of more than $319 million for 2002. More: continued here
Read More »Dynamic dodos fumble FedEx theft (New York Daily News)
Bungling crooks hijacked a FedEx truck filled with Christmas packages Friday – but left empty-handed because they couldn’t figure out how to open containers holding $1 million in merchandise, police said. More: continued here
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Read More »IRS orders FedEx to pay $319 million in driver row (MENAFN)
IRS orders FedEx to pay $319 million in driver row More: continued here
Read More »FedEx hit with $319 million tax hit (CNN Money)
FedEx was ordered to pay $319 million in back taxes by the IRS over a disagreement on how the company classified workers for its ground-delivery business, it said in a filing to the Securities and Exchange Commission Friday. More: continued here
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