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FedEx sees Surge in Earnings because of shipping giants’ move

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FedEx Corp: Courier delivery services company, Said that around 53% increase in earnings was achieved during the holidays. The increased is the result of lower fuel costs, milder weather and shipping giant’s recent restructuring moves. FedEx shares, up 27% over the past year, slid 1% in premarket trading as the company’s February …

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Kraft recalls Macaroni & Cheese, Customers find metal pieces

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Kraft Foods Group Inc. withdraws more than 6.5 million boxes of its macaroni and cheese following the customers report. Apparently, some customers found some small metal pieces in the product. Kraft was contacted by eight customers about the situation, though no injuries have been reported, the Northfield, Illinois- based company …

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Worker sues McDonald for getting burn on the job

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While on the job, a McDonald worker gets burned and now has filed 28 health and safety complaints against the company. The worker claims that McDonald forces them to work fast. The lawsuits, filed with the U.S. Occupational Safety and Health Administration, were announced in a press conference Monday morning …

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Merger deal between Holcim and Lafarge might not proceed

merger deal  

The two European giant firms of the construction materials might not continue at all. There seems to be a misunderstanding between Holcim and Lafarge, the companies acknowledged on Monday. Holcim, based in Jona, Switzerland, and Lafarge, based in Paris, had announced in April that they would merge on equal terms …

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