Justice Department Investigates UPS and FedEx

The U.S. Justice Department has begun an investigation into the country’s two largest delivery companies, UPS and FedEx. Both have policies aimed at preventing customers from negotiating lower shipping rates through third parti…

‘Free Shipping Day’ Underscores Amazon’s Juggernaut

Hundreds of e-tailers will offer free shipping today to encourage shoppers to hit the “buy” button in the final run-up to Christmas. It’s a good incentive for last-minute shoppers, and it’s an attempt to keep up with Amazon’s s…

Business Leaders ‘Encouraged’ by Obama Talks

The CEOs of 18 big companies, including Google, Boeing and General Electric, met with President Barack Obama to discuss the U.S. economy Wednesday. Several business leaders said they left with a sense of improved collaboration….

FedEx Looks to Deliver Solid Gains in Its Latest Quarter

FedEx will likely show an increase in fiscal second-quarter earnings of about 20% from a year earlier when it releases its latest report on Thursday. The huge air-cargo carrier is looking for a jump in revenue to more than offs…