FedEx announces a change in its relationship with Amazon and says it does not renew its US national contract with Express

[ad_1] FedEx revealed a change in its relationship with Amazon on Friday, announcing that the company would not renew its domestic Express contract with the online retail giant. The delivery company will focus on "its goal: serve the broader e-commerce market," FedEx said in a statement. The company highlighted the expected growth of e-commerce in … Read more

Fitch reduces Pemex to Junk, on the trail of the biggest 'fallen angel' in history. Reduces Mexico to almost a junk

[ad_1] The President of Mexico is not amused: "In three years, there has been no investment in exploration or well drilling, and they have given Pemex a very good rating. Now that there are investments, they degrade Pemex. " By Don Quijones, Spain, United Kingdom and Mexico, Editor-in-Chief of WOLF STREET. After months of warning … Read more

IBM confirms more than 1,000 employees will be laid off

[ad_1] IBM would plan to cut more than 1,000 jobs, leaving about 340,000 people. According to reports, cuts will affect half a percent of employees. In total, 1,700 jobs could be lost. IBM confirmed that a "small percentage of employees" who did not behave "competitively" would be fired. "We continue to reposition our team to … Read more

Uber executive reshuffles his COO and CMO

[ad_1] In an email to employees Friday, Dara Khosrowshahi, CEO of Uber, said that because of the progress made over the past two years, he had more time to oversee daily operations. After going public, this will mean reallocation of roles. In this capacity, Chief Operating Officer Barney Harford and Marketing Director Rebecca Messina the … Read more

Read it in full – Deadline

[ad_1] The first meeting since the start of an eight-week confrontation between the Talented Agents Association and the WGA on Friday lasted about 45 minutes face-to-face and ended with new proposals on the agency side table The writers' guild said it would respond to next week. The meeting, which was held at the SLS Hotel … Read more