March 20 (Bloomberg) — FedEx Corp. said profit fell for the second straight quarter and would decline in the current period as soaring fuel costs and an economy teetering on the brink of recession reduced demand for U.S. package shipping. More: continued here
Incoming eBay CEO Starts OverhaulWall Street Journal –3 minutes agoBy MYLENE MANGALINDAN EBay Inc. restructured some of its operations this week as part of incoming Chief Executive John Donahoe's moves to fix the company's … More: continued here
Camden New Journal Full supporting cast as comedian and actor join post office protestCamden New Journal, UK –56 minutes agoMs Wood, who lives in Highgate, joined about 100 shoppers and members of the Highgate Society to protest at plans to shut the High Street post office. …Post Office bosses forced into a rethinkHampstead and Highgate ExpressProtesting with…
FedEx reports a third-quarter profit drop of 6.4% as a result of higher fuel prices and a weak U.S. economy capping demand for its domestic express business and other shipping services. More: continued here
The rising cost of fuel will impact on future earnings at Fedex, the delivery company says. More: continued here
The Software & Information Industry Association (SIIA) has filed eight new lawsuits against eBay-based software sellers, alleging that they are selling counterfeit products. The lawsuits, announced Thursday, come in addition to nine lawsuits the trade group filed against eBay sellers in February. The SIIA has filed more than 25 lawsuits against eBay sellers in the…
March 20 (Bloomberg) — FedEx Corp. , the second-largest U.S. package-delivery company, said fiscal third-quarter net income fell to $393 million. More: continued here
Plans for the a new 5,000-square-foot post Lovettsville post office and parking lot on one-and-half acres close to the town’s industrial area are moving ahead well, Town Manager Keith Markel said this week. More: continued here
With hard economic times bearing down on Americans, the Democratic-led Washington Legislature provided more money for assistance, food stamps, housing, and healthcare — even a tax rebate for low-income families — in what advocates for the poor and homeless are calling a banner year in Olympia. More: continued here
FedEx Corp. reported a 6 percent drop in third-quarter earnings Thursday, saying a slow economy and high fuel prices are expected to continue cutting into profits. More: continued here