March 18, 2011 |
NEW YORK - Signs that the U.S. economy is improving helped investors put aside fears over Japan's nuclear crisis Thursday, if only temporarily. It was the first gain in the market after three days of losses. Stocks rose broadly. All of the 10 groups rose in the Standard & Poor's 500 index, the basis for most U.S. mutual funds. Twenty-six of the 30 stocks that make up the Dow Jones industrial average rose, led by a 3.2 percent increase in Hewlett-Packard Co. All 30 fell the day before.
March 10, 2011
I'm perfectly willing to have a debate about the wisdom of privatizing Pennsylvania liquor sales (although I do believe it's part of the continuing assault on public-sector unions) - but can we at least make it an honest debate ("Why keep State Stores," Sunday)? I'd like to see what kind of profits FedEx and UPS would be bringing in if they were required to deliver, without payment, to every address in every state, every piece of self-promoting bloviation that our elected officials decided to inflict upon us. Or every piece of junk mail business solicitation we are privileged to receive.
August 13, 2010
FedEx Corp. subsidiary FedEx SmartPost notified Pennsylvania labor officials this week that 106 regular employees and 56 temp workers would be affected when it relocates operations from a Pottstown facility to Breinigsville, Pa., near Allentown. The 106 regular workers are being offered jobs at the new facility, about 50 miles from the Pottstown location, the company told the state labor department's dislocated worker unit. The transfers will be complete by about Oct. 10, the company said.
April 21, 2010 |
The slow return of air traffic over Europe isn't just helping stranded transatlantic passengers. It's also easing another, less-obvious disruption: the movement of air cargo into and out of a continent shadowed for nearly a week by a cloud of ash from the eruption of Iceland's Eyjafjallaj?kull volcano. "When you plan for contingencies, volcanic eruptions aren't high on the list," UPS spokesman Mark Dickens said Tuesday. "We're doing the best we can. " UPS and Federal Express said Tuesday that they had finally begun getting some flights through their major European hubs - UPS's in Cologne, Germany, and FedEx's in Paris.
January 9, 2010 |
In an apparently ill-conceived caper, several men briefly hijacked a FedEx van yesterday afternoon and tried to navigate it through rush-hour traffic in Center City before abandoning the easily recognizable vehicle and fleeing. The plan - if there was a plan - did not include an accomplice who could drive a manual transmission, police said. At least two assailants, one with a firearm, seized the van around 4 p.m. at 16th and Pine Streets and attempted to drive it before forcing one of two FedEx employees to operate the stick shift for them, police said.
August 23, 2009 |
I don't want to talk about Michael Vick anymore. But I do want to talk about my hero Ken. Ken was a FedEx driver in Western Pennsylvania who decided he wanted a dog. So he went to Airedale Rescue and Adoption of the Delaware Valley, an organization run by two extremely dedicated women who rescue and care for Airedale terriers. When the dogs are ready, they place them in loving homes. Ricky had been a stud dog in a Philadelphia puppy mill and had lived in a cage all his life.
March 26, 2009 |
Larry Summers, President Obama's chief economic advisor, recently described an "excess of fear" sweeping over the country. He was echoing Franklin D. Roosevelt's famous declaration "The only thing we have to fear is fear itself - nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. " Summers and Roosevelt were, of course, talking about the fear gripping the nation amid economic distress. But a similar fear has surrounded the country's efforts to reform health care.
February 11, 2009
FRED EX got quite a delivery from FedEx. He only wishes he hadn't signed for it. Ex-Eagles wide receiver Freddie Mitchell is under investigation after accepting a package allegedly containing about 7 pounds of marijuana. According to a story in Florida's Lakeland Ledger , Mitchell was handcuffed, but not arrested, last Thursday after signing for the package at his restaurant, Brothers Bar-B-Q in Lakeland. Police said the package was first delivered to the home of Mitchell's 90-year-old grandmother, who Mitchell said "takes memory pills.
June 3, 2008 |
MEMPHIS, Tenn. - FedEx Corp. has said that it plans to stop using the Kinko's name on its copy and office service stores and book an $891 million charge for the quarter that ended Saturday. The charge relates to the value of the Kinko's name and a write-down of the value of its acquisition of the brand. The charge, which works out to $2.22 a share, was not part of FedEx's earnings forecast. The company early last month cut its outlook to $1.45 to $1.50 per share, down from $1.60 to $1.80, because of increasing fuel costs.
May 23, 2008 |
The news that his employer would no longer help pay for his chemotherapy arrived at Sam Vaughn's home by FedEx on Monday. In a letter, Jevic Transportation Inc. thanked the 62-year-old, who has bladder cancer, for his service. It apologized. It said that his job of 15 years was gone. That, effective at midnight that night, Vaughn's health insurance would be gone. That the 27-year-old trucking business was, suddenly, gone. Jevic's announcement Monday that it was shutting down has thrown the lives of its more than 1,000 employees into disarray.