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FedEx to offer US staff buyouts in to cut costs

FedEx Corp. will soon begin offering buyouts to U.S. employees in an effort to cut costs. The world’s second largest package delivery company will focus on employees in its Express and Services units,...

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FedEx says quarterly profit up 7 percent

FedEx says its quarterly profit rose 7 percent despite a dip in revenue in its FedEx Express unit, and it will raise prices in January.

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