FedEx shares fall as labor woes weigh on 2022 outlook
Shares in U.S. delivery firm FedEx Corp (FDX.N) shed more than 4% on Thursday after hiring difficulties tempered its 2022 earnings forecast. FedEx founder and
Category: Business
Bitcoin to Drop to $25,000? How UK, China Regulations Crash Crypto Market Recently
Bitcoin price continued to remain below the $35,000-mark even on Wednesday. The world’s largest cryptocurrency has seen a drastic drop in its value and overall
YouTube takes down Xinjiang videos, forcing rights group to seek alternative
A human rights group that attracted millions of views on YouTube to testimonies from people who say their families have disappeared in China’s Xinjiang region
U.S. consumer sentiment rises as wealthy households improve outlook
U.S. consumer sentiment ticked up in June, driven by an improving economic outlook among affluent households, a survey released on Friday showed. The University of
Amazon’s AWS buys message encrypting service Wickr
Amazon.com Inc’s (AMZN.O) cloud computing unit has bought encrypted messaging platform Wickr to enable secure communication as employees largely work from home, the company said
Fed’s Rosengren says possible conditions for rate increase could be met next year
It is possible the U.S. economy could reach the conditions on maximum employment and inflation that would merit an interest rate increase next year, but
GlaxoSmithKline taps Goldman, Citi to advise on consumer unit spinoff
GlaxoSmithKline Plc (GSK.L) has hired two banks to help advise it on listing its consumer unit next year and on defense against a potential activist