Category: Business Wire

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FedEx Corp. Reports Higher Second Quarter Operating Income

Operating Income of $1.6 Billion, Up 9% Year Over Year; Up 11% on an Adjusted Basis New $5 Billion Share Repurchase Program Authorized, Including $1.5 Billion Accelerated Share Repurchase Program MEMPHIS, Tenn.–(BUSINESS WIRE)–FedEx Corp. (NYSE: FDX) today reported financial results for the quarter ended November 30. “Our operating income increased during the quarter, thanks to […]

High Energy Prices to Increase Costs for America’s Commercial and Industrial Companies by $41 Billion in 2022, CEA Analysis Finds

WASHINGTON–(BUSINESS WIRE)–#affordableenergy–America’s businesses and manufacturers can expect to pay at least $41.4 billion more for business-related energy costs in 2022, according to analysis by Consumer Energy Alliance (CEA), the leading energy and environmental advocate for families and businesses. “Driving Towards Disaster” analyzes data from the U.S. Energy Information Administration’s Short-Term Energy Outlook to determine the […]

Vontier Commits to 45% Initial Greenhouse Gas Reduction Target to Support Paris Climate Accord

RALEIGH, N.C.–(BUSINESS WIRE)–Vontier Corporation (“Vontier”) (NYSE: VNT), a global industrial technology company, announced today its commitment to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions 45% by 2030, from a 2020 base year, on its way to achieving Net Zero by 2050 in support of the Paris Climate Agreement. Vontier is aligning its […]

Bird and Scootaround Launch Accessible Mobility Service in San Diego

Bird Partners with Global Leader to Provide People with Disabilities access to Safe, Eco-Friendly, Shared Micromobility in California’s Second Largest City LOS ANGELES–(BUSINESS WIRE)–Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced the launch of its accessible mobility program with Scootaround, a global leader in personal transportation solutions, in San Diego. […]

Rakesh Sachdev Elected to Herc Holdings’ Board of Directors

BONITA SPRINGS, Fla.–(BUSINESS WIRE)–Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., announced that its Board of Directors has elected Rakesh Sachdev to serve as a director on the board, effective December 2, 2021. Mr. Sachdev is former chief executive officer of two publicly held corporations: Platform […]

Faraday Future Intelligent Electric Inc. Announces Business Update Release Date and Conference Call

LOS ANGELES–(BUSINESS WIRE)–Faraday Future (“Faraday Future” or “the Company”) (Nasdaq: FFIE), today announced that the Company will release a business update after market close on Tuesday, December 7, 2021, and host a conference call at 4:00 p.m. (Eastern Time) on the same day. Interested investors and other parties can listen to a webcast of the […]