FedEx cuts 2020 profit forecast – again


© Reuters. A Federal Express Ground truck travels down a highway through Carlsbad, California By Lisa Baertlein (Reuters) – FedEx Corp (NYSE:) on Tuesday issued its second warning for fiscal 2020 profit as it spent heavily to launch Sunday delivery in time for the holidays, the continued tariff fight restrainedRead More →

China Targets FedEx in ‘Warning’ to U.S. By Bloomberg


© Reuters. China Targets FedEx in ‘Warning’ to U.S. (Bloomberg) — China targeted FedEx Corp (NYSE:). in its escalating trade war with the U.S., giving a hint of which foreign companies it may blacklist as “unreliable.” With Chinese officials due to announce their position on trade talks with the U.S. onRead More →