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The Latest Breaking News from FedEx

FedEx CEO Raj Subramaniam grabbed the opportunity that his roommate rejected: He can't come but can I send my resume?

Indian-origin Raj Subramaniam joined FedEx in 1991 in an entry-level role as an associate analyst. Today, he leads the company with no break in his 35-year service. In a recent podcast with Fortune editor-in-chief Alyson Shontell, he recounted how he landed the interview by chance when his roommate rejected the…

The Times of India

Amazon is ‘aggressively’ going after Fedex and UPS, insiders say

Amazon shook up the shipping world with its launch back in May with both UPS and FedEx stocks dropped by approximately 10 percent that day

The Independent UK

FedEx’s CEO landed his first job by taking a roommate’s abandoned interview. Now he’s running a $75 billion shipping giant

Raj Subramaniam became the second-ever CEO of FedEx by taking every opportunity thrown his way—including his roommate’s job interview.

Fortune

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Why you let down your guard on ads when scrolling on social media

My wife stared at me in shock as I ripped opened the package. The FedEx driver hadn’t even made it back to his truck as I held the item up overhead like a trophy. Fumbling for words, she asked: “Why on earth did you buy a Speedo … with dinosaur…

The Conversation

A year after Fred Smith's death, FedEx's CEO charts his own path

Also: All the news and watercooler chat from Fortune.

Fortune

“It was supposed to show up at my house. It completely disappeared”: Johnny Marr steps in to help after FedEx loses session player’s vintage guitar

The Smiths legend helped save the day when FedEx delivered the guitar to the wrong location

Guitar World

FedEx Is Abandoning Its Supply Chain Business. FDX Stock Investors Need the Logistics Giant to Protect Its Core Network.

FedEx is selling FedEx Supply Chain to shipping giant CMA CGM for $1.4 billion, narrowing its focus to premium B2B shipping, logistics, and freight moves.

Barchart

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Is today a holiday? Are banks, mail, USPS, FedEx, Stock Markets open on July 3, Friday?

Are Banks open today: Americans are curious to know whether banks, mail, USPS, FedEx, Stock Markets are open or closed on Friday, July 3.

The Economic Times

Boeing told UPS that engine flaw wasn’t flight safety risk before 15 died, officials claim

The plane crashed last fall while accelerating down the runway at Louisville’s Muhammad Ali International Airport, killing killed all three pilots and 12 people on the ground

The Independent UK

UPS never required detailed inspection of part that failed before engine flew off plane that crashed

UPS never required the detailed inspections needed to spot the problem that allowed an engine to fly off one of its planes before it crashed and killed 15 people last fall even after Boeing recommended it years earlier

The Independent UK

Costco, Walmart and Target to Receive Millions as Feds Rush Out $166B 'Illegal' Tariff Refunds

US retailers are set to recover billions in tariff refunds after a court ruling invalidated Trump's emergency powers. The refund programme, one of the largest in history, is underway.

International Business Times UK

FedEx’s Earnings Drop May Be Missing the Bigger Freight Story

FedEx's structural improvements and divestitures have it on track to reduce debt and buyback shares, boost shareholder value, and drive its stock price upward.

MarketBeat

U. S Stock Market today: Alphabet stock price up, Micron Technology, Sandisk, Cerebras Systems share prices jump, FedEx shares drop. Top stocks to follow on Wednesday at Wall Street

U.S. Stock Market indexes S&P 500, Nasdaq were set for a positive opening on Wednesday while Dow Jones may witness volatile trading today.

The Economic Times

UPS is shelling out nearly $50 million on temperature-controlled facilities to meet the booming demand for GLP-1 deliveries

Freight giants have pivoted to healthcare logistics, which they see as recession-proof.

Fortune

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Bored Panda

78 Times Delivery Drivers Tested People’s Patience With The Funniest Mishaps

Most of us get something delivered to our homes almost daily. Whether it’s packages, groceries, or a pizza, many people probably have tales of deliveries gone wrong to share. About 745 parcels move through different delivery networks in the U.S. every second, and 64 to 67 million are shipped around…

Barchart

Stock Index Futures Plunge as Tech Selloff Rages On, U.S. PMI Data in Focus

September S&P 500 E-Mini futures (ESU26) are down -1.26%, and September Nasdaq 100 E-Mini futures (NQU26) are down -2.47% this morning as renewed concerns about sky-high tech valuations prompted investors to revisit their holdings.

Kiplinger

Stocks Are Mixed as SpaceX Seeks Its Orbit: Stock Market Today

Markets are still absorbing the biggest IPO in history, and today they're also observing the passing of one of the most consequential central bankers ever.

Barchart

Hormuz Status, MU Earnings and Other Key Things to Watch this Week

Thursday delivers an economic data convergence with Q1 GDP revision, May Core PCE, durable goods orders, and initial jobless claims all at 8:30am, providing comprehensive economic assessment. The week features critical semiconductor earnings from Micron (MU) Wednesday and FedEx (FDX) Tuesday testing chip demand and logistics health.

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The Economic Times

Is Juneteenth a federal holiday today? Here's what’s open, what’s closed, and whether Walmart, Costco and banks are operating

Juneteenth 2026: Are Walmart, Target, Costco and banks open today? As Americans observe Juneteenth on Friday, June 19, 2026, millions are asking the same question: Is Juneteenth a federal holiday, and what’s open and closed today? Here's everything you need to know before heading out.

Barchart

Bear Call Spread Ideas for FedEx Earnings Next Week

FedEx is showing an IV Percentile of 87% in advance of their earnings announcement on June 23rd. Assuming we have a bearish outlook on FDX stock, we can run the Barchart’s Bear Call Spread Screener and find the following results:

MarketBeat

3 Stocks to Watch If the Strait of Hormuz Reopens

Falling crude oil prices tied to a U.S.-Iran ceasefire MOU could benefit airlines, logistics firms, and integrated energy companies like Delta, FedEx, and Chevron.

Fortune

Why FedEx Freight left its $90 billion parent company

Inside FedEx Freight's case for independence and why its CEO believes scale can sometimes become a constraint.

AAP

Officials say sprinklers at California medical equipment warehouse didn't work during blaze

Fire officials say crews responding to a blaze that destroyed a massive medical equipment warehouse in Northern California were hindered by sprinklers and hydrants that weren't working

The Guardian - US

The best – and worst – clothing rental services for weddings, parties and more

Rent the Runway, Nuuly, Armoire: Guardian editors tested three popular clothing subscription services to find what is worth your money

The Guardian - US

Fire at California warehouse complex prompts evacuations as authorities fight blaze

No injuries reported as fire in Tracy destroys medical equipment warehouse and authorities investigate cause

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