FedEx Plans Freight Division Spinoff, Shares Rise Despite Profit Warning
NEW YORK (AP) — FedEx Corp. announced plans Thursday to spin off its freight division, sending shares up 4% Friday […]
Business
European Markets Slide Amid U.S. Political Chaos, Drug Stock Plunge
LONDON (AP) — European markets closed lower Friday, with the pan-European Stoxx 600 falling 0.78% amid U.S. political turmoil and
Starbucks Workers Plan Pre-Christmas Strike Across Major U.S. Cities
LOS ANGELES (AP) — Unionized Starbucks workers announced Thursday they will launch strikes at stores across the country beginning Friday,
Major Safety Recall Announced for Nuna Rava Car Seats Spanning Seven Years of Production
Nuna Baby Essentials has initiated a significant safety recall affecting over 600,000 Rava model car seats produced between July 2016
Big Lots Announces Total Liquidation as Rescue Deal Collapses
Discount retail giant Big Lots revealed Thursday it will begin liquidation sales across its entire network of stores, marking a
Markets Rocked by Fed’s Conservative Rate Cut Forecast
Financial markets experienced a significant downturn Wednesday as the Federal Reserve’s latest projections sparked a massive selloff. The Dow Jones
Databricks Raises $10 Billion, Fueling IPO Speculation
SAN FRANCISCO (AP) — Data analytics company Databricks announced Tuesday it has secured $10 billion in new funding, valuing the
Feds Expected to Cut Interest Rates for Third Time Since September
The Federal Reserve is poised to reduce interest rates by another quarter percentage point at its December 18 meeting, marking