Daniel Loeb Takes Stake in FedEx

FedEx Corp. shares edged up Tuesday after activist investor Daniel Loeb said that he has taken a stake in the shipping company and met with its leadership. More: continued here

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Food stamps: Sustainable solution or looming crisis? – NOLA.com

Food stamps: Sustainable solution or looming crisis?NOLA.comPeople stand in line at the Contra Costa County Workforce Services for their monthly debt cards and food stamps in Richmond, California, U.S., on Friday, Feb. 13, 2009. In Contra Costa County, 40,000 families are applying for just 350 affordable …and more » More: continued …

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Third Point acquires stake in FedEx

Daniel Loeb says he won't push to oust founder Fred Smith. FedEx is undergoing a $1.7-billion restructuring by cutting air capacity to Asia, offering buyouts and retiring older planes. Activist investor Daniel Loeb said Tuesday that his Third Point hedge fund has taken a stake in FedEx Corp.     …

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Amazon, Post Office Team Up on Sundays – Valley News

Amazon, Post Office Team Up on SundaysValley NewsAlready, work emails and conference calls have become part of Sunday routines, piling on top of sports tournaments, errands and homework. Now, with Amazon.com's plans to deliver packages on Sundays, one more barrier falls, inching that day even closer … More: continued here

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