COLORADO SPRINGS — FedEx Corp., which already has a major presence in Colorado Springs with data and software development centers, plans to construct a $20 million, 225,200-square-foot
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EBay founder's philanthropic firm to invest $350 mn in IndiaThe HinduOmidyar Network, the philanthropic investing firm of billionaire eBay founder, Pierre Omidyar and his wife Pam, plans to invest over $350 million (Rs.2,333 crore) in for-profit ventures and non-profit organisations in India by 2020. Roopa Kudva …and more » More: continued here
HELENA — Attorney General Steve Bullock, along with attorneys general in New Jersey and New York, put FedEx on notice Tuesday that the states intend to sue the company if FedEx doesn’t change the way it treats its truck drivers, who are classified as “contractors,” not employees. More: continued here
Azure Dynamics Corporation – or , a leading developer of state-of-the-art green technologies that address environmental and cost issues for the commercial transportation industry, announced today that FedEx Express, a subsidiary of FedEx Corp. , has purchased fifty-one additional Azure Balance Hybrid Electric walk-in vans to be delivered in November and December 2009. More: continued…
Higher expenses weigh on eBay 2nd-qtr profitYahoo! NewsNEW YORK (AP) — EBay's revenue increased in the second quarter as its PayPal business and namesake online marketplace continued to grow. But its net income fell amid higher expenses. Shares of the e-commerce bellwether declined nearly 6 percent, …EBay Net Down 7.5% on Higher Expenses4-traders (press release)all 2…
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FedEx Corp. thinks the global economic recovery is becoming more balanced, as growth improves in Europe and the U.S. More: continued here