Analyst says FedEx plunge leaves bellwether vulnerable to the once unthinkable: an activist
FedEx's second-quarter results were so bad that it could spark interest among activist investors looking to turn the company around.
FedEx's second-quarter results were so bad that it could spark interest among activist investors looking to turn the company around.
Giant bonuses are great news for employees — and for the IRS. St. John Properties, a Baltimore-based real estate developer, spread out a $10 million bonus payment among its 198 employees. Here's what that means for their taxes.
An SNC-Lavalin Group division will plead guilty to a fraud charge related to projects in Libya after an agreement with prosecutors, La Presse reported on Wednesday, in a case that engulfed Canadian Prime Minister Justin Trudeau’s government in crisis this year.
Oil prices steadied on Wednesday after U.S. government data showed a decline in crude inventories and on expectations for an uptick in demand next year on the back of progress in resolving the U.S.-China trade fight.
Shares of FedEx Corp fell nearly 10% on Wednesday after the world's largest packaging company cut its 2020 profit forecast for the second time as it spends heavily to expand its online delivery business and battles slowing global trade.
The S&P 500 and Nasdaq extended a record rally on Wednesday, even as FedEx limited gains after cutting its annual profit forecast for the second time this year.
Britain's biggest union is seeking guarantees on the long-term future of Peugeot's plants in Britain after the French carmaker struck a binding deal on Wednesday with Fiat Chrysler to create the world's fourth-biggest carmaker.
The under-40 crowd in the Golden State is ready for tax-friendlier climes, according to data from Wealthfront, an investment management firm. These three states are among their top destinations.
Next Decentrum | Tristram | Dec 18, 2019 Merry Christmas and all our best to the NCFA community from Next Decentrum. Hussein, Rama, Shawn, Rodrigo and Tristram Next Decentrum is an edtech company focused on developing the future of education using curated content. We provide subject matter experts with an easy way to organize curated
A Peruvian prosecutor's office said it was investigating the death of two teenaged employees in a McDonald's-branded restaurant in Lima, in an incident that has spurred protests against the fast-food giant in the South American nation.
Unicorns like Uber, Lyft and Slack may have had disappointing IPOs, but U.S. venture capital firms gave birth to a record number of unicorns in 2019.
Cyrus Mistry, who has been embroiled in a legal battle with Tata Group since being ousted in 2016, won backing from a tribunal to be reinstated as executive chairman of its holding company, lawyers said on Wednesday.
The dollar gained on Wednesday as improving economic data squashed the likelihood of a Federal Reserve interest rate cut in 2020, while global equity markets extended a rally that again pushed key indices on Wall Street to record highs.
Airbus is on course to end 2019 with a rise in its order backlog after netting more sales than deliveries across its major products, a senior executive said on Wednesday, thanks partly to strong demand in Asia.
Daimler AG's Mercedes-Benz USA has agreed to a $20 million civil penalty over its handling of U.S. vehicle recalls after a year-long U.S. government investigation into 1.4 million recalled vehicles.