In a disappointing turn of events, FedEx shares plunged more than 9% in after-hours trading on Tuesday. This steep decline came after the renowned package delivery giant revised its revenue forecast due to a significant decrease in demand, ultimately impacting its sales. Previously anticipating flat sales year over year, FedEx now expects a low-single-digit decline
ESG (environmental, social, and corporate governance) investing has faced challenges in terms of transparency and inconsistent metrics, making it difficult for investors to accurately assess the impact of their investments. However, San Francisco-based asset manager Newday Impact Investing believes that the use of an Ecological Benefits Framework (EBF) could provide a new approach to social
In a surprising turn of events, Coniglio’s Old Fashioned pizzeria in New Jersey announced the cancellation of an event featuring New York Giants quarterback, Tommy DeVito. The reason behind this cancellation was the alleged doubling of DeVito’s appearance fee. The pizzeria took to social media to express their disappointment after DeVito’s agent, Sean Stellato, raised
As the political landscape continues to evolve, new survey data from CNBC indicates that Republican front-runner Donald Trump is making significant strides in gaining Latino voters’ support, posing a potential threat to President Joe Biden. In a hypothetical head-to-head matchup, the poll reveals that Trump holds a 5-point lead over Biden among Latino voters. This
Josh Kramer, a prominent figure in the film industry, has sadly passed away at the age of 67. With an illustrious career spanning decades, Kramer’s contributions to the world of cinema were immeasurable. From his early days as a foreign movie rights pre-seller to his influential role at Amazon Studios, Kramer left an indelible mark
The recent attacks by Houthi militants from Yemen have forced Danish shipping giant Maersk to reroute its vessels due to transit the Red Sea and Gulf of Aden. This decision comes after a temporary pause on travel through these passages was announced by several companies, including Maersk and Germany’s Hapag-Lloyd. The attacks on commercial vessels
ZTE’s sub-brand, Nubia, has recently launched its latest flagship smartphone, the Nubia Z60 Ultra. This powerful device comes packed with top-of-the-line features and stunning design, making it a standout choice for tech enthusiasts. Let’s dive into the details and explore what sets the Nubia Z60 Ultra apart from the competition. The Nubia Z60 Ultra boasts
Scotland has recently implemented a new tax threshold for high earners in an attempt to address a significant black hole in the country’s finances. The new tax rate of 45% applies to individuals earning more than £75,000 per year, while Scotland’s previous highest tax band of 47% for those earning above £125,000 will also see
Ozanimod, a sphingosine-1-phosphate (S1P) receptor modulator, has long been associated with warnings against its usage during pregnancy due to potential complications. However, a recent study presented at the Advances in Inflammatory Bowel Diseases annual meeting challenges this notion. The study examined the pregnancy outcomes of women with inflammatory bowel disease (IBD) and relapsing multiple sclerosis
The recent attacks carried out by Iran-backed Houthi militants on ships in the Red Sea have had a significant impact on global trade. These attacks have caused major shipping lines and oil transporters to suspend their services through the Red Sea, leading to disruptions in the shipment of goods and fuel. As a result, there