FedEx drops Amazon air shipment contract amid expansion by Amazon
FedEx will not renew its domestic FedEx Express deal for Amazon shipments once it expires June 30, 2018. The move allows FedEx to focus on other retailers while Amazon expands its own delivery network including planes and sorting hubs. Amazon says it respects the decision as both firms reconfigure their logistics strategies amid growth and competition.
MENTIONED IN THIS ARTICLE
FedEx
Amazon
United States
FedEx Express
Katie Wassmer
Target
Walgreens
Walmart
Amazon.com Inc
FedEx Corp
United Parcel Service Inc
UPS
Wassmer
Cowen
Helane Becker
Becker
Memphis
NC Mutual Life stands in limbo amid rehabilitation effort
Durham based NC Mutual Life Insurance Co founded in 1898 remains in rehabilitation under the North Carolina Department of Insurance. Executives are removed and DOI officials oversee operations while seeking buyers and cutting costs. The department reports several letters of intent for subsidiaries and talks with two potential investors continue.
MENTIONED IN THIS ARTICLE
Durham
Future of North Carolina Mutual Life Insurance Co
Black Wall Street
State
Triangle Business Journal
Insurance Department
Department of Insurance
DOI
John Hoomani
The
News & Observer
Dol
Hoomani
NC Mutual
North Carolina Mutual Financial LLC
North Carolina Mutual Insurance Agency LLC
DOT
Mutual Plaza
Seniors work longer in big metro areas says AP NORC analysis
Census data analyzed by The Associated Press NACNORC Center finds seniors in major metros especially near Northeast and Washington DC continue working past 65. Government finance law and academia drive participation. Falls Church and Alexandria top among DC area counties.
MENTIONED IN THIS ARTICLE
Chicago
Washington, D.C
Associated Press- Norc Center For Public Affairs Research
Anqi Chen
Boston College
Center For Retirement Research
Paul Irving
Milken Institute Center For the Future of Aging
Northeast
Maryland
Virginia
New York
Boston
Philadelphia
Steve Burghardt
City University of New York
Washington
Falls Church
Alexandria
Vermont
Windham
Mary
Branagan
Associates For Training and Development
Colorado
Kansas
Nebraska
Iowa
Barnes & Noble sold to hedge fund Elliott Management
Elliott Management acquires Barnes & Noble for 476 million dollars and plans to take it private. The national chain, blamed for independent bookstores' decline, remains a major publisher outlet as it shifts toward a local store style under new leadership from Waterstones’ CEO. Leonard Riggio previously built Barnes & Noble in the 1970s.
MENTIONED IN THIS ARTICLE
Barnes & Noble
Amazon.com
Elliott Management
Elliott
Waterstones
U.K
Barnes and Noble
Weather data fragment from New Bern report
Fragmentary weather table lists New Bern highs and lows, records, precipitation, humidity, skies, sunrise and sunset, moonrise and moonset, and daily conditions with times and sources. The unreadable OCR prevents precise values but indicates a typical daily meteorological summary.
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the Sun Journal
Newbernsj.com
NC Mutual Future
Bureau of Labor Statistics
U.S. Agriculture
Department of Agriculture
Kentucky
Michigan
Georgia
Alabama
Florida
West Virginia
Texas
Missouri
North Carolina
Hunter College
Silberman School of Social Work
Mary Altaffer
Associated Press
Leonard Riggio
Inimvany
New Bern
Temperatl
Moon
Environ
Rey
N.C
Pittsburgh