FedEx wrings out profit as pandemic-fueled e-commerce deliveries surge

U.S. delivery firm FedEx Corp FDX.N reported a bigger-than-expected quarterly profit on Tuesday, after price hikes, lower fuel costs and efficiency gains countered negative impacts associated with a pandemic-fueled surge in e-commerce shipments. Shares in the Memphis-based company jumped 7.6% to $254.66 in extended trading. Average daily package volume for FedEx Ground, which handles e-commerce […]

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Apple rolls out virtual fitness service, subscription bundle, catering to pandemic work-from-home

Apple Inc AAPL.O rolled out a new virtual fitness service and a bundle of all its subscriptions, Apple One, focusing a holiday-season product launch on services that are the backbone of Apple’s growth strategy and that cater to customers working at home during the COVID-19 pandemic. Apple also introduced a new Apple Watch Series 6 […]

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