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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Mar 16, 2023

Page

8

FedEx Reports Earnings Amid Slowing Demand and Inflation

FedEx previews its fiscal third quarter results with analysts forecasting a $2.72 per share profit on about $22.72 billion in revenue. The company has been cutting costs as demand softens, signaling a slower year over year and quarter. Inflation raises concern about consumer spending and recession risk.

FedEx FactSet

Energy Department releases outlook through 2050 for energy trends

The U S Energy Department releases its annual report modeling long term energy projections through 2050. The Energy Information Administration will present the 2023 Annual Energy Outlook at 2 p m Eastern time focusing on consumption and production of coal oil natural gas and renewables.

U.S. Energy Department Energy Information Administration

Quotable: Ice more vulnerable as it thins and melts easily

The quote notes ice is more vulnerable than before due to thinning, making it susceptible to rapid melting and loss. It emphasizes the fragility of the ice layer under changing conditions.

Stocks slump on bank worries despite markets trimming losses

U S stocks fell as fresh worries about the banking sector weighed on sentiment. The S&P 500 slid 0.7 percent while the Dow posted a small loss before paring declines by closing bell. Lennar and Smartsheet shares also moved, with Lennar down about 0.6 percent and Smartsheet up sharply on strong forecasts and earnings. The cybersecurity provider beat Fourth quarter forecasts.

Wall Street

Douglas County grant program opens with May 4 deadline

Delayed start pushes applications to May 4 with final award recommendations to Douglas County Commission in late May. Eligible applicants include Douglas County based entities and partners with a county agency. Projects must occur in the county and finish within two years, focusing on Indigenous, LGBTQIA, marginalized groups, open space, agriculture, and adaptive reuse of historic sites. A public session is set for March 28 at Lawrence Public Library from 6 to 7 30 p m. attendance not required.

Douglas County Commission Commission Ammerlaan Kammerlaan Douglascountyks.org Douglas County Lawrence Public Library Vermont St Hee

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