The American Genius |
EBay Aims to Authenticate High-End Items
JCK EBay is rolling out a program to authenticate high-end handbags sold on the site—and it could broaden the service to other categories. The new program, eBay Authenticate, aims to build trust among purchasers of high-end items, said its head, Laura … How eBay is fighting counterfeit products |
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FedEx reported net income in the fourth quarter of fiscal year 2013, ending May 31, 2013, was $303 million, down from $550 million in the fourth quarter of the previous year, ending May 31, 2012. More: continued here
Package delivery giant FedEx Corp reported a higher profit for its fiscal second quarter, meeting expectations, but announced a 20 percent pay cut for CEO Fred Smith and said it was suspending pension contributions as the U.S. economy’s outlook looks bleak. More: continued here
Two FedEx jets got too close to each other on takeoff from the Memphis airport last week because of confusion over flight numbers for the planes, a Federal Aviation Administration spokeswoman said Thursday. The incident, which the FAA classified as serious, air traffic control error, remained under investigation. The air traffic controllers union blamed the…
John Ourand, Michael Smith and Terry Lefton, SportsBusiness Journal FedEx has informed ESPN that it will not renew its entitlement of the Orange Bowl, ending a 21-year association with the Bowl Championship Series event. More: continued here
For more than a year, FedEx and its bitter shipping rival, United Parcel Service, have been engaged in one of the fiercest lobbying battles in recent memory, with millions of dollars spent on advertising, Web sites, grass-roots organizing and other tactics more commonly seen in political campaigns. More: continued here
FedEx shed upwards of 10,000 jobs globally over the past year in response to weak demand and declining revenues. More: continued here