FedEx completes Indian logistics acquisition

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FedEx Corp. said fiscal second- quarter profit rose 14 percent as the operator of the world’s largest cargo airline began seeing initial results from a $1.7 billion, three-year cost reduction plan. Earnings on that basis fell short of the $1.65 average of analysts’ estimates compiled by Bloomberg, partly because of a reduced operating margin at…

The FedEx driver was standing behind his truck when he was killed, authorities said. More: continued here

Darrell Waltrip Star of the show NASCAR on FOX’s portion of the Sprint Cup season wrapped up, and the guy on top of the standings gets rave reviews. Jeff Hammond NASCAR’s marathon man Three races, three tracks. But can Kyle Busch be competitive all weekend? More: continued here

Yahoo! Sports (blog) Kobe Bryant is selling his mask on eBay for charityYahoo! Sports (blog)By Dan Devine By Dan Devine | Ball Don't Lie – 1 hour 20 minutes ago You can be the new owner of Kobe Bryant's famous mask … if you pony up for charity. (Getty Images) After a Dwyane Wade foul…

MONTE-CARLO, Monaco–(BUSINESS WIRE)–The ATP and FedEx (NYSE: FDX) have signed a three-year agreement that brings FedEx on board as a new global Platinum Sponsor and Official Carrier of the ATP World Tour. The sponsorship will launch at the 2010 Barclays ATP World Tour Finals in November and extend through 2013. In addition to global marketing…