The iconic shipping company hasn't given investors much to celebrate recently. But headwinds are turning to tailwinds.
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Oil prices remain above $100, Senate agrees to end Homeland Security shutdown, Netflix raises prices again, and more news to start your day.
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Investors should brace themselves for an explosion in the number of robo-taxis on roads around the globe.
2 minute read
Hopes that the U.S. and Iran are negotiating a cease-fire pushed stocks higher. Plus, the latest air travel news.
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FedEx announced its new “FedEx SameDay Local” delivery service on Tuesday.
2 minute read
FedEx posts fiscal third-quarter earnings per share of $5.25 from sales of $24 billion.
2 minute read
Super Micro stock plunges after the U.S. government charges employees with involvement in a plan to divert servers to China.
2 minute read
Super Micro co-founder accused of violating export-control laws, FedEx raises outlook, Trump’s Powell criticism endangers his nominee, and more news to start your day.
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Uber plans to deploy 10,000 fully autonomous Rivian R2 robo-taxis across 25 cities worldwide by the end of 2031.
3 minute read
Powell’s Fed press conference brought the unexpected, Micron smashes expectations, Trump temporarily waives the Jones Act, and more news to start your day.
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If Amazon doesn’t renew its last-mile delivery relationship with the USPS there will be more packages for other logistics providers to deliver.
3 minute read
Nvidia stock pares back gains following a solid jump on the first day of the chip maker’s annual developer conference.
2 minute read
Commoditized self-driving technology might be a boon for drivers and not for Tesla.
2 minute read
Shareholders of the used-car retailer will vote on the stock split on May 5.
2 minute read
Morgan Stanley and shares of alternative asset managers slide amid renewed private-credit fears.
2 minute read
Uber Technologies partners with Zoox to deploy robo-taxis through the Uber app starting in Las Vegas this summer.
2 minute read
Shares in electric-vehicle makers Rivian Automotive and NIO rise following an upgrade and strong earnings, respectively.
2 minute read
Elevated Chinese exports lift shares for Alibaba, Temu, and Baidu.
1 minute read
Monday, the Department of Transportation announced pilot programs designed to speed adoption of next-generation electric aircraft.
2 minute read
The Federal Reserve’s February Beige Book depicted a bifurcated economy, with seven of 12 Fed Districts showing growth. Where data centers are saving the day.
3 minute read
The logistics company will no longer accept bookings in and out of the U.A.E., Iraq, Kuwait, Qatar, Bahrain, and some ports in Oman and Saudi Arabia.
1 minute read
The maker of electric vertical takeoff and landing, or eVTOL, aircraft reports a quarterly Ebitda loss of $137.9 million from sales of less than $1 million.
2 minute read
Shares of clean-energy company AES decline after it agrees to be taken private in a $33.4 billion deal.
2 minute read
The U.S-Iran conflict could cause rates to rise, but shares of Frontline, DHT Holdings, and others have already rallied.
2 minute read
Oil supply under threat as conflict widens, chaos spreads through travel, shipping, jobs report due on Friday, and more news to start your day.
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