ORGANIZATION

FOX Business Briefs 6/24

Walmart and Target threaten shoppers with $2,500 fines; Artificial Intelligence app for doctors raises $300 million in funding; AMC Theatres adds pre-show 'platinum spot' ad; 'St. Elmo’s Fire' gets a special 40th anniversary 4K release.

FedEx founder Fred Smith dead at 80

Veteran Fred Smith, who founded FedEx in 1973 with just 389 team members and grew it into a global shipping giant with 500,000 employees, has died.