Shares of major railroads and package shippers mostly fell with the broader market Friday, as the price of oil rose and a Merrill Lynch downgraded railroad CSX Corp. to “Neutral” from “Buy.”
More: continued here
FedEx Corp. Chief Executive Officer Fred Smith said the U.S. economy isn’t in a recession and that oil prices will “drift down for a while.” More: continued here
Bloomberg EBay's PayPal Counts on Its 103 Million Users to Target GrouponBusinessWeek14 (Bloomberg) — EBay Inc.'s PayPal business, aiming to challenge Groupon Inc. and LivingSocial.com in the market for online daily deals, plans to start offering coupons tailored to users' buying habits and mobile-phone locations. …Ebay's PayPal Counts on 103 Million Users to Target Groupon…
A FedEx Corp. jet freighter at Memphis International Airport in Tennessee. Close A FedEx Corp. jet freighter at Memphis International Airport in Tennessee. More: continued here
Think FedEx Express!… Read more Wedding dresses, bridesmaids dresses, mother-of-the-bride…… Read more More: continued here
Morgan Freeman had surgery Monday evening to repair injuries suffered in a car accident late Sunday near his Mississippi home. The Oscar-winning actor, 71, “has a broken arm, broken elbow and minor shoulder damage but is in good spirits,” his publicist, Donna Lee, said in a statement. More: continued here
Associated Press LOS ANGELES: Drivers for FedEx Corp. have won about $14.4 million in a dispute over whether the delivery company illegally classified them as independent contractors instead of employees. More: continued here