Memphis Based Fedex News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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

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...

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

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.

After UPS and Teamsters ended negotiations, one side has been vocal and the other quiet on social media.