Category: Business

Total 1009 Posts

(Reuters) – FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focuses on building out its own delivery

By BBc News, The pound sank to a 28-month low against the dollar as Boris Johnson’s government toughened its rhetoric on Brexit. Sterling dipped 1.1% to $1.2242 and €1.1004 respectively.

By Jordan Valinsky, CNN Business New York (CNN Business)Pfizer and Mylan announced they are combining two of their businesses to create a global powerhouse in the low-price drug market. Pfizer

WASHINGTON (Reuters) – The U.S. Justice Department said it was greenlighting T-Mobile US Inc’s (TMUS.O) request to acquire rival Sprint Corp (S.N) after the companies agreed to divest Sprint’s prepaid

By Clare Duffy, CNN Business New York (CNN Business)Growth in IBM’s cloud business appeared to be a bright spot in the company’s second quarter earnings, released after market close Wednesday.