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The Latest Breaking News from FedEx

Stock Index Futures Rise as FedEx Results Boost Sentiment, Micron Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.23%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.38% this morning as investors cheered forecast-beating quarterly results and profit forecast from global economic bellwether FedEx, while also awaiting an earnings report from memory chipmaker Micron Technology.

Barchart

Dow Jones Futures Fall; Tesla Rival Rivian Skyrockets, Nvidia Gets Price Target Hike

Futures were mixed Wednesday, but Tesla rival Rivian vaulted higher on a big investment. FedEx jumped after earnings. Nvidia extended Monday's bounce.

Investors Business Daily

FedEx Earnings Top Expectations As Company Reviews Freight Segment

FedEx gapped higher Wednesday on Q4 results and upbeat fiscal 2025 guidance.

Investors Business Daily

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Is FedEx Corporation Stock Underperforming the S&P 500?

Despite recently underperforming the broader S&P 500 Index, Wall Street analysts remain cautiously optimistic about FedEx’s outlook.

Barchart

FedEx To Cut Up To 2,000 Jobs In Europe

FedEx will eliminate up to 2,000 jobs in Europe as part of a cost-cutting drive in response to lackluster demand, the shipping company announced Wednesday.

International Business Times

Families of Uvalde survivors sue UPS and FedEx for shipping weapons used in school shooting

The lawsuit alleges that the companies are responsible for violating state and federal law, as well as their own safety standards

Latin Times

Close Call: Fedex Plane Nearly Collides With Southwest Jet

Investigation reveals a near-collision incident between FedEx cargo plane and Southwest Airlines jet in Austin, Texas, prompting safety concerns in U.S. av...

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NTSB begins considering probable cause in a near-collision between FedEx and Southwest planes

Federal investigators are preparing to vote on the probable cause of an airport close call last year in which two planes nearly collided in Austin, Texas

The Independent UK

You had one job FedEx: $400,000 worth of stolen Playdate consoles reappear at a random restaurant

Crime never pays.

PC Gamer

Trial says a lot about possible 2nd term

Trial revelations suggest Trump will be even less constricted by rules and norms than he was before

Salon

Family of five killed after FedEx truck smashed into their SUV in Texas

Tragedy happened near Eagle Pass

The Independent UK

Claude Makelele tips Jude Bellingham for Ballon D’Or after ‘amazing’ season

Bellingham will play in the Champions League final on Saturday.

The Independent UK

Two giant pandas from China to arrive at US National Zoo

Bao Li and Qing Bao will be the first pandas to reside at the Smithsonian zoo in Washington DC since last fall

The Guardian - US

What's open and what's closed on Memorial Day 2024?

Let the barbeques commence!

Fortune

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Fortune

FedEx promised investors $4 billion savings by consolidating operating units—the CTO had to figure out how tech would deliver

By June, FedEx's express, ground, and services units will unify into one company. For CTO Adam Smith, that's meant reimagining technology systems that were separately developed by the different divisions.

Al Jazeera

Boeing’s jets turn 70: A timeline of highs, lows and turbulence

Boeing, founded in 1916, has experienced good times and bad during its more than 100 years in the air.

USA Today Sports Media Group

FedEx reportedly fires worker chucking boxes in viral video from UFC CEO Dana White

UFC CEO Dana White's footage of a FedEx worker mishandled packages has led to an employee being fired, the company confirmed.

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Prosecutor Questions Fedex Method For Sending Checks To White House

Prosecutor questions FedEx method for sending checks to White House, highlighting security concerns and the importance of transparency in government operat...

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Investigation Launched Into Southwest-Fedex Near-Miss Incident

Investigation ongoing for near-miss incident between Southwest Airlines and FedEx planes, highlighting aviation safety concerns.

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Former Trump Secretary Reveals Handling Of Personal Expenses

Madeleine Westerhout's court testimony on managing Trump's personal expenses through checks during her time as his personal secretary.

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Trump Organization Bookkeeper Testifies About Fedex Invoices

Legal proceedings involving altered FedEx invoices raise questions about Trump Organization's financial practices.

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Bookkeeper Manochio Provides Key Evidence In Trump Organization Trial

Bookkeeper Rebecca Manochio's role in Trump Organization legal proceedings, providing evidence like emails and FedEx invoices, is crucial for the case.

The Guardian - UK

Boeing cargo plane forced to land at Istanbul without front landing gear

Incident involving Boeing 767 jet operated by FedEx comes amid intense scrutiny of troubled planemaker

The Guardian - AU

Afternoon Update: US paused weapons shipment to Israel; Hunter Valley bus driver plea deal; and the life expectancy of cats

Senior US official says shipment of bombs was paused last week after review of weapons that might be used in Rafah

Top News

Midwest Hit By Severe Storms And Tornadoes

Severe storms and tornadoes cause widespread damage in the Midwest and Oklahoma, with communities showing resilience in the face of destruction.

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