FedEx misses on earnings, but sees higher margins ahead

FedEx on Tuesday reported worse-than-expected quarterly operating earnings, but an optimistic outlook for margins in the near-term soothed investor concerns and pushed the stock higher in after-hours trading. Shares of FedEx, often considered a bellwether for the U.S....

Meat war looms as Hong Kong grapples with ban on Brazil imports

A meat price war looms in Hong Kong, according to an industry source on Wednesday, a day after an immediate suspension of all meat imports from Brazil over health concerns with talk percolating that supply contracts may be torn up and tons of meat thrown away. The...

Amazon to expand counterfeit removal program in overture to sellers

Amazon.com is expanding a program to remove counterfeit goods from its website this spring as part of a broader push to assure brand owners that the online retailer is an ally rather than a threat. As early as next month, any brand can register its logo and...

Gorsuch denies he told a class that ‘many’ women manipulate companies for maternity benefits

Neil Gorsuch, President Donald Trump’s Supreme Court nominee, denied claims by his former law student that he told a class that “many” women manipulate their employers for maternity benefits and that female interviewees should be specifically asked...

Nike is about to report earnings, here’s what one analyst expects

Wall Street might be anticipating positive growth overall from Nike this quarter, but one analyst thinks the company could fall short of those expectations, when it comes to North America. Nike is scheduled to report fiscal third-quarter earnings after the bell on...