Aaron's Daily WWW Newspaper

(Reuters) - FedEx Corp reported a higher-than-expected quarterly profit and said it is buying 27 new Boeing aircraft to update its fleet for fuel efficiency and cost savings. The company also said it is deferring delivery of some Boeing freighter aircraft, adjusting for slowing volume out of Asia. FedEx shares jumped more …

LONDON (Reuters) - The pace of decline in the euro zone private sector eased unexpectedly in December, but the global toll of the region's sovereign debt crisis became clearer on Thursday with news of falling investment and factory activity in China. While a recession has almost certainly started in the euro zone, Markit's …

(Reuters) - An influential retail trade group raised its forecast for U.S. holiday retail sales on Thursday, citing strong results in November and expectations that consumers still have more shopping to do. The National Retail Federation said it now expects holiday sales to rise 3.8 percent to a record $469.1 billion. That …

NEW YORK (Reuters) - JPMorgan Chase & Co , the biggest U.S. bank, and two large credit unions have taken the lead in cleaning up the banking industry's fee-laden fine print for checking accounts, an advocacy group said on Thursday. JPMorgan Chase, the Pentagon Federal Credit Union and the North Carolina State Employees' …

BEIJING (Reuters) - China has fired a warning shot with its decision to impose tariffs on imports of sport-utility vehicles (SUV) and other large cars from the United States as both countries gear up for increased trade friction next year. The tariffs, announced on Wednesday and ranging from 2 percent to 22 percent, are …

SUNDERLAND, England (Reuters) - It's noon at Nissan's car assembly plant in northeast England, and the men on the early shift have already made 210 Qashqai cars from scratch. Only another 169 to go before they can head home. Dressed in grey jackets embroidered with their names, the trim-and-chassis team members scuttle …

Wholesale prices rose modestly last month as companies paid more for such items as food and pharmaceuticals. But energy prices barely rose, keeping inflation in check.

Trade officials say the United States, European Union, Canada, Japan and other countries have agreed after 14 years of talks to give foreign companies greater access to each others' government procurement contracts.

Signs of a global economic slowdown and stresses in Europe's financial system kept investors cautious on Thursday, causing losses in Asian markets, limiting gains in Europe and keeping the euro near 11-month lows.

FedEx nearly doubled its second-quarter net income, the company said Thursday, as strong sales boosted deliveries to homes.

Federal regulators are blocking the merger of Duke Energy and Progress Energy to form the country's largest electric company, ruling the companies haven't done enough to protect competition in their North Carolina and South Carolina home markets.

Rite Aid Corp.'s third quarter loss narrowed, as its pharmacies improved sales at stores open at least a year and the drugstore operator's customer loyalty program continued to grow.

Michael Kors understands what fashion-conscious shoppers desire. Apparently, he knows what investors want, too.

Squeezed by rising living costs, a record number of Americans — nearly 1 in 2 — have fallen into poverty or are scraping by on earnings that classify them as low income.

Fewer U.S. homes entered the foreclosure process or were taken back by banks in November, reflecting a seasonal pullback in foreclosure activity by lenders and mortgage servicers.

U.S. stocks futures are up modestly as FedEx Corp.'s earnings beat expectations and ahead of several economic reports.

The number of people applying for unemployment benefits dropped to its lowest level since May 2008, a hopeful sign that layoffs are declining and hiring is picking up.

Wholesale prices rose modestly last month as companies paid more for such items as food and pharmaceuticals. But energy prices barely rose, keeping inflation in check.