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Tennessee lawmakers agree to a second billion-dollar tax break for businesses in as many years

Tennessee lawmakers have officially agreed to eliminate a portion of the state’s business tax one year after making several costly changes to the same tax. Estimates from the general assembly’s fiscal review committee show that the two cuts and an additional refund approved this year will cost the state at least $7.4 billion in the future. Tennessee traditionally […] The post Tennessee lawmakers agree to a second billion-dollar tax break for businesses in as many years appeared first on Tennesse ....

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UPS wins major air cargo contract with postal service

UPS wins major air cargo contract with postal service
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FedEx quarterly profit likely boosted by rivals' pain

FedEx Corp
benefited from misfortunes experienced by rivals UPS and
Yellow during its latest quarter as the global
delivery firm continued slashing costs to match ongoing softness
in global e-commerce. ....

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FedEx to layoff 'small percentage' of IT and Finance workers

Memphis-based FedEx said it is laying off “a small percentage” of employees as it works to “streamline” functions amid a company reorganization. ....

Seth Perlman , Associated Press , Fedex Corp , Memphis Based Fedex ,

If UPS union employees strike, what does it mean for U.S. economy

Come Aug. 1, if a contract has not been ratified, Teamsters union members are expected to strike creating the largest single U.S. employer strike. ....

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