Consumers could pay price if railroads, unions can't agree
Consumers could quickly start seeing higher gas prices and shortages of some of their favorite groceries if railroads aren’t able to agree on contracts with al 12 of their unions ahead of next month’s deadline after the latest rejection vote Monday.
US Sikh community traumatized by yet another mass shooting
Members of the Sikh community are feeling a collective trauma over the mass shooting in Indianapolis that killed eight people, including four Sikhs, and say more needs to be done to combat the bigotry, bias and violence they have suffered for decades in America.
Wall Street closing lower; bank stocks fall
Stocks were moving lower in the first hour of trading Friday, March 19, as bond yields continued to rise. Bank stocks fell after the Federal Reserve announced it would end some of its emergency measures put into place for the industry last year to help deal with the pandemic. The Dow Jones Industrial Average fell 234.33 points, or 0.7%, to 32,627.97, pulled lower by financial companies. Smaller company stocks also notched gains. Big bank stocks were particularly hurt, since the Fed's measures mostly apply to the nation's largest banks.
EXPLAINER: How have storms affected COVID-19 vaccinations?
People wait in line for the opening of a 24-hour, walk-up COVID-19 vaccination clinic hosted by the Black Doctors COVID-19 Consortium at Temple University's Liacouras Center in Philadelphia, Friday, Feb. 19, 2021. Meanwhile, several states have complained about vaccination delays and have had to cancel appointments. Drug wholesaler McKesson, chosen by the federal government to distribute most COVID-19 vaccines, is handling shipments to hospitals and other medical providers. Moderna’s vaccine is shipped frozen, at minus 13 degrees Fahrenheit to 5 degrees Fahrenheit (minus 25 to minus 15 degrees Celsius). In Tennessee, the state’s health agency said distributors have been unable to pack and ship the COVID-19 vaccine this week due to the winter weather.
FedEx to cut up to 6,300 jobs in Europe over next 18 months
FedEx plans to cut up to 6,300 jobs in Europe after its acquisition of TNT Express. FedEx said Tuesday, Jan. 19, 2021, that the cuts will take place over 18 months and include express-delivery operations and back-office employees of TNT across the continent. (AP Photo/Wilfredo Lee)MEMPHIS, Tenn. – FedEx plans to cut up to 6,300 jobs in Europe as it completes the process of combining its own operation with that of a Dutch delivery company it bought in 2016. FedEx plans to downgrade an air-service hub in Liege, Belgium, to make Paris its sole primary hub. FedEx said Tuesday that it has successfully integrated FedEx and TNT information-technology systems and key parts of the air and ground networks.
'Unbelievable' snowfall blankets parts of the Northeast
“If you do not have to be on the roads, please don't travel,” said New York Gov. “This is the fastest rate of snowfall I've ever encountered,” he said. Boston had more than 9 inches (23 centimeters) of snow early Thursday morning, breaking the previous record for the date of 6.4 inches (16.3 centimeters) in 2013. Parts of northern New England saw as much as 7 inches (18 centimeters) of snow per hour, said Margaret Curtis, meteorologist for the National Weather Service. Snow totals topped 3 feet across a wide swath of New Hampshire, and Maine's southernmost county saw 1 to 2 feet.
'If not one thing, it's another': Storm rolls into Northeast
A woman waits for a Long Island Rail Road train in the Queens borough of New York as snow falls at the start of an oncoming snow storm, Wednesday, Dec. 16, 2020. Snow was falling from northern Virginia to points north of New York City by late afternoon. “Our theme today ought to be, ‘If it’s not one thing, it’s another,’” New Jersey Gov. Phil Murphy said as he gave residents storm guidance that's new this year — mask up if you help your neighbors shovel. In New York City, officials braced for the biggest storm in about three years.
SHIPPING DEADLINES: Send your gifts by these dates to make sure they arrive for the holidays
[MORE: These 3 apps will help you find the best holiday shopping deals, experts say | Doing a little online shopping? If you’re shipping gifts you want to arrive in time for Christmas, here are some recommended send-by dates for expected delivery by Dec. 25:USPS (excluding Alaska and Hawaii)Domestic Mail Class/Product Send-by Date USPS Retail Ground Service Dec. 15 First-Class Mail Service Dec. 18 Priority Mail Service Dec. 19 Priority Mail Express Service Dec. 23Click here for USPS holiday shipping dates for Alaska and Hawaii, military bases and overseas addresses. UPSShipping Option Send-by Date UPS Ground Dec. 15 UPS 3 Day Select Dec. 21 UPS 2nd Day Air Dec. 22 UPS Next Day Air Dec. 23Click here for more details on UPS holiday shipping. FedEx (U.S. to U.S.)Shipping Option Send-by Date FedEx SmartPost (certain exceptions apply) Dec. 9 FedEx Home Delivery Dec. 15 FedEx Ground Dec. 15 FedEx Express Saver Dec. 21 FedEx 3 Day Freight Dec. 21 FedEx 2 Day Dec. 22 FedEx 2 Day A.M. Dec. 22 FedEx 2 Day Freight Dec. 22 FedEx 1 Day Freight Dec. 23 FedEx Extra Hours Dec. 23 FedEx Standard Overnight Dec. 23 FedEx Priority Overnight Dec. 23 FedEx First Overnight Dec. 23 FedEx SameDay Dec. 25 FedEx SameDay City Priority Dec. 25 FedEx SameDay City Direct Dec. 25Click here to see last-day-to-ship dates if you’re planning to send gifts to Puerto Rico, Canada, Mexico or other destinations. AmazonAmazon has not released its 2020 holiday shipping calendar, but last year, the company recommended buyers send products no later than Dec. 22 or Dec. 23 for a Dec. 25 arrival.
Virginia Tech researchers examining how packages are treated before arriving at your door
BLACKSBURG, Va. – Ever wonder how much your packages get thrown around before they get to your doorstep? That’s what researchers at Virginia Tech are trying to figure out. “Shock events, impact events, vibration events, from all axes,” said graduate student Yuyang Huang. A Virginia Tech student demonstrates a package drop simulation. Somebody threw that package into the truck and the package was bouncing and rolling inside the truck,” said Horvath.
FedEx's profit jumps as business deliveries improved
NEW YORK – FedEx's profit jumped 67% in its latest quarter, as online shopping remained popular among customers avoiding stores and shipments between businesses improved. The delivery giant reported Tuesday that it earned $1.25 billion during the three months that ended Aug. 31, FedEx's fiscal first quarter. Many people are shopping online during the pandemic, which is helping some delivery companies. But delivery to homes is less profitable than those between businesses, and business deliveries slowed as the pandemic dragged on and some establishments remained shuttered. “While business demand improved in the first quarter, continued uncertainties cloud our ability to forecast full-year earnings,” said Alan B. Graf, Jr., FedEx's chief financial officer.
Brendon Todd takes 2-stroke lead with 65 at WGC in Memphis
Todd trailed defending champion Brooks Koepka after the first round by two strokes. Rickie Fowler closed with birdies on his final two holes for a 67 and 131 total just behind Todd. Koepka had the lead to himself at 10 under before falling apart on his back nine with a double bogey and two bogeys. Todd won back-to-back tournaments last November for his first win on tour since winning the Byron Nelson in 2014. That put Todd atop the leaderboard at 9 under, and his putter helped him birdie consecutive holes including the big putt on No.
Koepka matches career best round for lead at WGC in Memphis
The defending champ matched his career best with an 8-under 62 to take a two-stroke lead over Rickie Fowler and Brendon Todd after the first round of the FedEx St. Jude Invitational. Then Fowler two-putted for bogey after putting his tee shot in the left rough on his final hole to finish at 64. He hit his tee shot on the par-3 No. ... Tee times for the second round were moved to Friday morning to avoid predicted thunderstorms. ... With no fans allowed at an event that has benefited St. Jude Childrens Research Hospital since 1970, St. Jude had to get creative to raise both money and attention for a hospital that never bills its patients.
Reports: Washington to shed 'Redskins' name Monday
FILE - In this Dec. 22, 2019, file photo, the Washington Redskins logo is seen on FedEx Field prior to an NFL football game between the New York Giants and the Redskins in Landover, Md. Washington state Attorney General Bob Ferguson says Seattle-based Amazon will begin pulling Redskins team merchandise from its online marketplace. (AP Photo/Mark Tenally, File)ASHBURN, Va. Washingtons NFL team will get rid of the name Redskins on Monday, according to multiple reports. USA Today, ESPN, The Washington Post, Washington Times and Sports Business Journal reported Sunday night that owner Dan Snyder is set to retire the name. That came in the aftermath of prominent sponsors FedEx, Nike, PepsiCo and Bank of America asking the team to change the name.
Washington NFL team dropping Redskins name after 87 years
ASHBURN, Va. The Washington NFL franchise announced Monday that it will drop the "Redskins" name and Indian head logo immediately, bowing to decades of criticism that they are offensive to Native Americans. Protests against the name predate Snyder buying the team in 1999, and, until now, he had shown no willingness to consider a change. FedEx also paid $205 million for the long-term naming rights to the team's stadium in Landover, Maryland. The lease at FedEx Field expires in 2027, and dropping the name keeps open various possibilities in Maryland, Virginia and Washington for the team's new stadium and headquarters. Marshall, who renamed the Boston Braves the Redskins in 1933 and moved it to D.C. four years later, was a segregationist and the last NFL owner to integrate their team.
Trump criticizes Redskins, Indians for weighing name changes
FILE - In this Aug. 28, 2009 file photo, the Washington Redskins logo is shown on the field before the start of a preseason NFL football game against the New England Patriots in Landover, Md. The Washington Redskins are undergoing what the team calls a thorough review of the nickname. FedEx on Thursday called for the team to change its name, and Nike appeared to remove all Redskins gear from its online store. Hours later, the Indians Major League Baseball team announced that they, too, will review their long-debated name. Trump had tweeted in 2013 that then-President Barack Obama should not be telling the Washington Redskins to change their name because our country has far bigger problems!
Native American groups ask NFL to force Redskins name change
WASHINGTON Several Native American leaders and organizations sent a letter to NFL Commissioner Roger Goodell on Monday calling for the league to force Redskins owner Dan Snyder to change the team name immediately. The letter obtained by The Associated Press is signed by 15 Native American advocates. It demands the team and the NFL cease the use of Native American names, imagery and logos with specific importance put on Washington, which last week launched a thorough review of its name. Last week, sponsors FedEx, PepsiCo, Nike and Bank of America said they requested the change, and several online stores removed the team's gear. That conversation renewed calls for Snyder to change the name called a dictionary defined racial slur by Native American advocates and experts.
Cleveland Indians look into changing name amid pressure
CLEVELAND They've been known as the Cleveland Indians since 1915. Amid new pressure sparked by a national movement to correct racial wrongdoings, the Indians said Friday night they will review their long-debated nickname which has been in place for 105 years. In 2018, the Indians removed the contentious Chief Wahoo logo from their game jerseys and caps. Nothing has been decided, but the Indians' decision to at least discuss the possibility of a name change is new. There will certainly be backlash from some Cleveland fans, but the team is sensitive to doing the right thing in these changing times.
Redskins undergoing 'thorough review' of team name
WASHINGTON The Washington Redskins are undergoing a thorough review of their nickname. The team said Friday it has been talking to the NFL for weeks about the subject. In a statement, the team said recent events around the U.S. and feedback from the community prompted the formal review. FedEx, the title sponsor of the Redskins' stadium in Landover, Maryland, said Thursday, We have communicated to the team in Washington our request that they change the team name. On Thursday night, Nike appeared to remove all Redskins gear from its online store. Washington mayor Muriel Bowser said recently the name was an obstacle to the team building a stadium in the District.
Nike appears to remove all Washington Redskins items from its website
WASHINGTON Looking for Washington Redskins apparel? When you search Redskins the above is what youll find. Despite being the NFLs provider of game-day uniforms and sideline apparel, Nike has removed all Redskins apparel from its site. The move follows FedEx, the named sponsor of the Redskins stadium, asking the team to change its name. Asked about Snyder changing the name, a spokesman said recently the team had no comment, according to the Associated Press.
Sponsor FedEx asks Redskins to change their name
WASHINGTON The title sponsor of the Washington Redskins stadium wants the NFL team to change its name. We have communicated to the team in Washington our request that they change the team name, FedEx said in a statement Thursday. The company paid the team $205 million in 1999 for the naming rights to FedEx Field in Landover, Maryland. Investors this week wrote to FedEx, PepsiCo and other sponsors asking them to request a change. The team's lease at FedEx Field expires in 2027, and it is still talking to Washington, Virginia and Maryland about building a new stadium.
Want your package to arrive by Christmas 2019? A guide to all your shipping deadlines
Postal ServiceDec. 14: USPS Retail Ground shipments ✅Dec. 18: Alaska to mainland First-Class Mail ✅Dec. 19: Hawaii to mainland First-Class Mail and Priority Mail, also Alaska Priority Mail ✅*There’s still time for dates below! Dec. 20: First-Class Mail ServiceDec. 21: Priority Mail; Also deadline for Alaska and Hawaii to the mainland through Priority Mail ExpressDec. 23: Priority Mail ExpressTrying to send something overseas or to a member of the military? Click or tap here to check out the guide we followed from USPS, and to learn more about your mailing specifics and guidelines. FedExDec. 9: SmartPost ✅Dec. 16: Ground and home delivery ✅Dec. 19: Express Saver ✅*There’s still time for the dates below! As for Amazon deadlines, you’re likely looking at Dec. 22 or Dec. 23, depending on if you’re a Prime member, where you live and what you’re ordering.
Tips to Avoid Opening the Door to Fake Delivery People: Today on Inside Edition
Video shows a man posing as a FedEx worker tie a New York family up after gaining access to their house, robbing them of $130,000 worth of cash and jewelry. Here are some tips to make sure the person you're opening the door to is the real deal. The former cop accused of shooting a man in his own apartment testified in her defense. And a man who nearly died while hang-gliding takes a stab at it again. For more Inside Edition stories tune in to today's show.
FedEx pilot arrested by Chinese authorities
Getty Images(CNN) - A FedEx pilot was recently detained by Chinese authorities in Guangzhou, a city in southern mainland China. FedEx said the pilot has been released on bail, though the Journal report states he must remain in mainland China until Chinese authorities have completed their investigation. Tensions between FedEx and Chinese authorities have escalated as the larger US-China trade war drags on. The following month, Chinese authorities claimed FedEx was holding back more than 100 packages meant for Huawei. More recently, Chinese authorities opened another investigation into the company for allegedly shipping a parcel of knives to Hong Kong.
America's CFOs brace for a recession prior to the 2020 election
Trade war jittersNot only is the trade war increasing uncertainty, but the tit-for-tat battle has deepened the global manufacturing slowdown. The Duke survey has consistently pointed to 2020 as the year when a recession could strike. However, that 2020 recession call has fallen to about about two-thirds during the past two surveys. The Duke survey, which also questions CFOs outside the United States, found that pessimism isn't just an American problem. Eighty-one percent of CFOs in Africa expect a recession will begin in their countries by the third quarter of 2020.
It's decision time for the US Federal Reserve
1914: The Federal Reserve Bank of the United States officially opens. The new central bank, and its 12 regional banks, was intended to serve as a formal "lender of last resort" to banks during panics when depositors try to withdraw theirWASHINGTON, D.C. - Just about everyone predicted the Federal Reserve would cut interest rates on Wednesday. Translation: Investors are split on whether the Fed will cut rates. Political concerns: President Donald Trump has put the central bank under immense pressure to cut rates. A crack in the financial marketsThe New York Federal Reserve is running a special operation aimed at reducing short-term interest rates and easing stress in financial markets.
FedEx will no longer offer ground delivery to Amazon
FedEx will end its ground delivery contract with Amazon. For years, Amazon has used FedEx's ground delivery service to help shuttle online orders to consumers. But Amazon is also rapidly bolstering its own delivery network, agitating established logistics businesses. Over the past couple of years, Amazon's moves are often met in lock step by FedEx: Amazon expanded its warehouse center, and FedEx debuted FedEx Fulfillment. Amazon announced single-day delivery, and FedEx said it would speed things up with seven-day shipping.
Chinese officials suspect FedEx held back over 100 Huawei packages
BEIJING - Chinese authorities suspect FedEx of holding back more than 100 packages that tech company Huawei was trying to deliver to China, state media reported Friday. Regulators in China concluded that FedEx committed "violations" when it diverted Huawei parcels, according to state news agency Xinhua. The Chinese government opened an investigation nearly two months ago after Huawei said FedEx diverted to the United States packages intended for the company's offices in China. Huawei has said that FedEx attempted to divert another two packages that it intended to be shipped from Vietnam to other Huawei offices in Asia. When details about the initial diverted packages first emerged, Huawei welcomed FedEx's apology but said it suspected that the diversion was intentional.
Atlanta FedEx driver drove shooting victims to hospital
Emmanuel Tambakakis/CNNATLANTA, Ga. - A FedEx driver ended up delivering people to an Atlanta emergency room after a shooting Monday. When they arrived, officers were told that three victims had flagged down a passing FedEx truck driver who agreed to take them to Grady Hospital, Brown said. FedEx spokeswoman Meredith Miller told CNN in a statement the company is proud of the driver. Police believe the shooting victims were involved in a drug transaction before the shooting. All of the shooting victims are receiving medical care and are alert, Brown said.