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Nike, Virgin Galactic, CarMax rise; FedEx falls

Stocks that traded heavily or had substantial price changes Friday: Nike, up $20.75 to $154.35 The sportswear maker reported blockbuster earnings for its latest qua...

FedEx posts profit as online shopping boom continues

NEW YORK (AP) — FedEx reported a nearly $2 billion profit in its most recent quarter, after reporting a loss the year before, helped by a surge in online shopping and the growth of its business-to-bus...

Business Highlights: Infrastructure deal, bank stress tests

___ ‘We have a deal’: Biden announces infrastructure agreement WASHINGTON (AP) — President Joe Biden has announced a bipartisan agreement on a pared-down but still ...

This Week: FedEx, Nike results; rig count

A look at some of the key business events and economic indicators upcoming this week: FedEx 4Q Package delivery giant FedEx delivers its fourth-quarter earnings on ...

Cracker Barrel, Sage Therapeutics fall; Ocugen, FedEx rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: FedEx Corp., up $6.31 to $299.30. The package delivery company raised its quar...

Takkyubin Taiwan overloaded with orders, halts low-temp deliveries

TAIPEI (Taiwan News) — Amid a spike in COVID-19 cases, the delivery service Takkyubin (宅急便) has been so overwhelmed with orders that it is temporarily halting low-temperature deliveries to much ...

Social equity in marijuana industry still largely pipe dream

DENVER (AP) — Terrence Hewing was working for a package delivery company in 2007 when police approached his cargo van in suburban Denver. He was early for a pick up, and someone out for a walk called ...

UPS, Crocs rise; Eli Lilly, General Electric fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: United Parcel Service Inc., up $18.32 to $194.13. Solid delivery volume helped ...

How major US stock indexes fared Friday

Stocks are closing mostly lower on Wall Street Friday and the broad S&P 500 had its first weekly loss in the last three. The S&P 500 slipped 0.1%. The Dow Jones Industrial Av...

Nike, JPMorgan Chase fall; FedEx, Ollie's rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Nike Inc., down $5.68 to $137.49. The athletic shoe and apparel maker's fiscal t...

Business Highlights

___ US jobless claims rise to 770,000 with layoffs still high WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week to 770,000, a s...

FedEx's profit nearly triples as online shopping grows

NEW YORK (AP) — FedEx said Thursday that its profit nearly tripled in its most recent quarter, despite winter weather that hobbled some of its facilities. Online shopping has surged...

Ford partners with U-M on robotics research, new building

ANN ARBOR, Mich. (AP) — Digit marches on two legs across the floor of the University of Michigan’s Ford Motor Co. Robotics Building, while Mini-Cheetah — staccato-like — does the same on four and the ...

Taiwan to increase shipping rates for parcels and mail to US

TAIPEI (Taiwan News) — Taiwanese sending small parcels and express mail to the U.S. will have to pay a higher postage rate starting March 8 to reflect increasing international transportation cos...

Uber, UPS rise; Vertex Pharmaceuticals, BP fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Vertex Pharmaceuticals Inc., down $14.44 to $217.33. The drug developer reporte...