News

FedEx hopes to save $1 billion this fiscal year. But its profit forecast is still sinking shares, as tariffs weigh on shipments.
FedEx Corp. on Tuesday forecast a fiscal first-quarter per-share profit that came in shy of Wall Street’s expectations, ...
FedEx Guidance Disappoints With Tariffs Weighing on Demand
FedEx Corp. forecast a worse-than-expected profit for the current quarter in a sign that soft parcel demand and uncertainty ...
New freight container wave to beat China tariffs deadline begins at nation's busiest ports
A new wave of shipping containers from China is arriving to Port of Los Angeles and Long Beach, California, to beat an ...
Tesla Tells Feds To Stay Tight-Lipped On Robotaxi Safety Data
Tesla tells feds its Robotaxi data is confidential, USPS EV scrappage would cost $1.5 billion, and China dumps excess EVs on ...
Tariff D-Day: Trump's July 9 Deadline Triggers Global Trade Panic
Nations scramble to strike last-minute deals--or face crushing U.S. tariffs that could upend global supply chains ...
7 Big Moves in Michael Burry’s Portfolio
Michael Burry made his name by shorting the 2008 housing market crisis and raking in an estimated $100 million for himself and $725 million for his clients. The hedge fund manager and CEO of ...