Can suborbital point-to-point rocket-powered vehicles be commercially viable? Not any time soon, according to several reports. It seems that FedEx did a study a few years ago that came out strongly against the idea.
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The move, say some analysts, could strengthen FedEx's hand in Europe. More: continued here
Benzinga Has Losing PayPal Actually Helped eBay? – eBay Inc. (NASDAQ …BenzingaIt has been a year since Paypal Holdings Inc (NASDAQ: PYPL) broke off from parent company eBay Inc (NASDAQ: EBAY) with its own IPO after surpassing the .and more » More: continued here
On Thursday, the Department of Justice charged transportation company FedEx with distributing restricted prescription drugs for illegal online pharmacies. FedEx is indicted for “conspiracies to traffic in controlled substances and misbranded prescription drugs for its role in distributing controlled substances and prescription drugs for illegal Internet pharmacies,” according to a press release … More: continued…
A magistrate in federal court in South Bend, Ind., set a filing date of April 11 for summary judgments on the employment status of FedEx Ground drivers. More: continued here
Fedex said the acquisition gives FedEx Express access to a nationwide domestic ground network with an estimated $70 million in revenue and 12.5 million shipments each year. More: continued here
Your EDM Burning Man's Scorpion Art Car Is For Sale On EbayYour EDMAt this year's Burning Man, the keys to one of the event's most beloved art cars might be changing hands. The Scorpion, who's capacity to party is matched only by a select few, is up for sale on Ebay Motors.Buy this giant, flame-shooting…