FDX Jan 2025 195.000 put
- Reuters
Federal judge sends FedEx contractor's racketeering claim to arbitration
A federal judge on Monday ruled that a small business contracted to deliver packages for FedEx on the California-Oregon border must arbitrate with FedEx over claims it made against the company of racketeering and other alleged legal violations. In granting FedEx Ground's motion to compel arbitration, Judge Sallie Kim wrote that PYNQ failed to show it would be unconscionable to require arbitration. Most legal disputes between FedEx Ground and its contractors are resolved outside the courtroom.
- Reuters
UPDATE 1-UPS CFO Brian Newman to step down on June 1, company says
United Parcel Service said on Monday that its CFO and Executive Vice President Brian Newman would leave the company on June 1. UPS will evaluate internal and external candidates to replace Newman, the firm said. "My near-term priority is to focus on my health," Newman said in a statement.
- Zacks
The Zacks Analyst Blog Highlights AstraZeneca, Qualcomm, FedEx, American International and Baker Hughes
AstraZeneca, Qualcomm, FedEx, American International and Baker Hughes are included in this Analyst Blog.
