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FedEx faces more trade headwinds

FedEx faces more trade headwinds

Growing trade tensions continue to be bad news for FedEx. The delivery company on Tuesday posted weak results and warned of more trouble ahead. Shares fell 5% in after-hours trading. FedEx reported net income in the most recent quarter of $797 million — more than a 20% drop compared to a year earlier. The company…MORE

Trump names new FAA boss with Boeing grounding as backdrop

Trump names new FAA boss with Boeing grounding as backdrop

President Donald Trump on Tuesday nominated a former Delta Airlines executive to become the new administrator of the Federal Aviation Administration as the country’s airlines continue coping with the grounding of Boeing 737 Max jets. The White House said Trump was naming Steve Dickson, who retired recently as Delta’s vice president for flight operations, to…MORE

What getting rid of the Electoral College would actually do

What getting rid of the Electoral College would actually do

On Monday night, in a CNN town hall in Jackson, Mississippi, Sen. Elizabeth Warren made some news: She supports getting rid of the electoral college as the method by which we elect presidents. “My view is that every vote matters and the way we can make that happen is that we can have national voting…MORE

White House misses Democrats’ deadline to turn over docs

White House misses Democrats’ deadline to turn over docs

The White House missed a House Judiciary Committee deadline to turn over scores of records as part of a sweeping Democratic-led investigation into whether President Donald Trump abused his power in office, according to a source familiar with the situation. And some former White House officials who received letters from the committee requesting documents, including…MORE

US-China trade talks to resume after pause, US official says

US-China trade talks to resume after pause, US official says

Trade talks between US and Chinese teams will resume next week after a pause in negotiations, according to an administration official. Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer will travel to Beijing for discussions meant to finalize an agreement between the two countries. It’s expected a Chinese delegation, led by Vice Premier…MORE

Washington Post: Kellyanne Conway’s husband tweets Trump criticisms ‘so I don’t end up screaming at her’

Washington Post: Kellyanne Conway’s husband tweets Trump criticisms ‘so I don’t end up screaming at her’

Conservative lawyer George Conway said Tuesday that his recent tweets slamming President Donald Trump’s mental health were a way to let off steam and keep from arguing with his wife, senior presidential adviser Kellyanne Conway, The Washington Post reported. “It’s so maddening to watch,” Conway told the paper. “The mendacity, the incompetence, it’s just maddening…MORE

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