FedEx aims to boost service, profit more from online shopping
FedEx Corp said on Thursday it will begin offering Sunday residential delivery and handoff fewer e-commerce packages to the U.S. Postal Service, as it works...
Gap cuts 2019 profit forecast after ‘extremely challenging’ quarter
Gap Inc cut its full-year earnings forecast and reported a bigger-than-expected drop in same-store sales, especially at its Gap brand outlets, on Thursday, sending its...
U.S.-based equity funds post $22 billion outflows amid trade tensions
Investors rattled by lingering trade tensions between the United States and China pulled roughly $22 billion from U.S.-based equity funds in the week ended May...
Wall St. slump continues on U.S.-China trade uncertainty
U.S. stocks lost ground again on Thursday, as conflicting comments on trade talks from President Donald Trump and Beijing reinforced investor nervousness that a lengthy...
WarnerMedia joins Disney, Netflix in reconsidering Georgia business over abortion law
WarnerMedia on Thursday became the third major U.S. media company to say it would reconsider working in Georgia if a new law banning abortions after...
NBCUniversal says abortion laws would ‘strongly impact’ decision on where it films
Comcast Corp’s NBCUniversal said if anti-abortion laws in various U.S. states are upheld, it would “strongly impact” where it produces films and television shows in...
GE’s CEO ‘stunned’ that factory efficiency drive only just started
General Electric Co’s chief executive said on Thursday he was “really stunned” to learn that a major factory had only recently started using lean manufacturing...
Oil falls to two-mth lows on small U.S. crude stock draw, trade war worries
Oil prices fell almost 4% to their lowest in over two months on a smaller-than-expected decline in U.S. crude inventories and fears of a global...
Equities advance after week-long selloff, bond yields steady
World stock markets climbed for the first time this week on Thursday, giving pause to a multiday selloff on fears of an escalating trade war...
Juul considers opening retail stores in United States: source
Juul Labs Inc is considering opening retail stores in the United States, a source familiar with the matter said on Thursday, a move that would...