FedEx has held informal talks with the local taxing bodies about establishing a special tax zone that could afford them $2.53 million in annual tax breaks over 10 years.
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The Hindu DealBook: The Big Winners in Skype DealNew York TimesDespite lackluster financials, Skype was acquired in 2005 by eBay for $3.1 billion, including additional performance payments. But Skype was not a good fit, and eBay eventually sold a controlling stake in the company several years later to a group of …After eBay, Microsoft dreams…
FedEx Corp. boosted its profit forecast for the quarter and full year, exceeding analysts’ estimates, on rising demand for international express shipments. The shares climbed in New York trading. More: continued here
FedEx has decided not to renew a lease at a prominent East Memphis office building. FedEx Services is not renewing a roughly 11,000-square-foot lease … More: continued here
eBay Acquires Price-Forecasting Firm Decide.comAllThingsDEBay said on Friday that it has acquired Decide.com, a Seattle-based price-forecasting startup that used predictive analytics to help consumers decide whether they should buy a product now or wait for the price to drop. Decide.com CEO Mike Fridgen. More: continued here
The Federal Aviation Administration is proposing a $689,800 fine against FedEx for violating federal rules governing the shipment of hazardous materials on cargo planes. More: continued here
Zach Johnson has to be the favorite to win the FedEx Cup playoffs because he's the hottest player on tour after winning the BMW Championship. He has six top-10s in his last seven starts. More: continued here