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Nike stock soars to record as US sales boom

Nike Inc. shares surged to a record high Friday as customers splurged on sneakers and sportswear as they looked to refresh their wardrobes coming out of the COVID-19 pandemic.

FedEx posts profit as online shopping boom continues

FedEx reported a nearly $2 billion profit in its most recent quarter, after reporting a loss the year before, helped by a surge in online shopping and the growth of its business-to-business shipping services.

Elon Musk hints at Starlink IPO

SpaceX founder Elon Musk said Wednesday night that it would be "at least a few years" before satellite broadband service Starlink would be publicly listed.

FedEx suspended service for 1,400 freight customers

FedEx Corp. suspended about 1,400 customers of its Freight shipping service earlier this month, a move that surprised customers and was aimed at easing a congested network taxed by relentless package volume.