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FedEx hikes 2023 earnings forecast as cost-cutting initiatives bear fruit

FedEx hikes 2023 earnings forecast as cost-cutting initiatives bear fruit

FedEx hiked its 2023 earnings forecast on Thursday, citing cost-cutting measures that offset continued demand weakness.

Previous post One year after the first rate hike, the Fed stands at policy crossroads

Next post : U.S. stocks finish sharply higher as First Republic gets rescue from banks

More Stories

Nordstrom raises sales outlook after holiday season was better than feared

CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."

January 10, 2025

Airlines extend travel waivers due to LA wildfires

Airlines are waiving change fees and fare differences for Los Angeles-area flights due to wildfires.

January 10, 2025

McDonald’s to close three CosMc’s locations — and open two more

McDonald's created CosMc's as its entry point into the growing "afternoon beverage pick-me-up occasion."

January 10, 2025

Airlines cancel more than 2,000 U.S. flights amid storm, Delta slide evacuation at Atlanta

Flight disruptions stretched from Dallas to Atlanta.

January 10, 2025

Stellantis aims to reverse years-long declines in U.S. sales and market share in 2025

Stellantis' top priority for the U.S. this year is to grow its retail market share after several years of declining...

January 10, 2025

High-cost weight loss drugs are sending employers to nutrition counseling in a boost for startups

Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss...

January 10, 2025

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Nordstrom raises sales outlook after holiday season was better than feared
by Editorial Team
Airlines extend travel waivers due to LA wildfires
by Editorial Team
McDonald’s to close three CosMc’s locations — and open two more
by Editorial Team
Airlines cancel more than 2,000 U.S. flights amid storm, Delta slide evacuation at Atlanta
by Editorial Team
Stellantis aims to reverse years-long declines in U.S. sales and market share in 2025
by Editorial Team

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