EXPLAINED: 3 | Vintage Vibes

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 · Jul 17

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 · Jul 17

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

Also: All the news and watercooler chat from Fortune.

Fortune · Jul 15

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 · Jul 2

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 · Jul 1

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 · Jun 25

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 · Jun 24

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 · Jun 23

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…

Bored Panda · Jun 23

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.

Barchart · Jun 23