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FedEx loses $ 2 billion and is injured by Amazon's trading lawsuit

David Koenig, Associated Press Published 21:09 ET 25th June 2019 | Updated 21:16 ET June 25, 2019 CLOSE Story Highlights FedEx Corp. announced a loss of just under $ 2 billion in the fourth quarter. The company expects losses next year due to the departure of Amazon as a partner and slowing global economic growth. A FedEx van will be …

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Eldorado Said to Agree to Buy Caesar's for About $ 8.7 Billion

(Bloomberg) – Eldorado Resorts Inc. agreed to buy Caesars Entertainment Corp. for about $ 8.7 billion in cash and stock, according to a person familiar with the situation. The deal values ​​Caesars at about $ 13 a share. Including assumed Caesar's debt, the transaction would be valued at about $ 18 billion. The price represents a 30% premium to Caesar's …

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Trump's government unveils a $ 50 billion Palestinian economic plan approaching which Abbas calls "unacceptable."

The Trump administration today released the economic part of its long-delayed Middle East peace plan and called for an investment of about $ 50 billion to more economically encourage Palestinians to Jordan, Lebanon and Egypt for decades absorb Palestinian refugees and deal with other consequences of the conflict. The rollout Saturday, however, does not include the political part of the …

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Scientists discover the fusion of galaxies 13 billion years ago

Scientists have found one of the farthest examples of galaxy fusion in the results released this week. Researchers in Japan observed a distant light source known as B14-65666, located in the constellation known as sextane The Atacama Large Millimeter / Submillimeter Array of Telescopes in Chile. Their data indicated that the object could be a single galaxy that forms new …

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Bernard Arnault joins Jeff Bezos and Bill Gates in the $ 100 billion club

Europe's richest man has joined Jeff Bezos and Bill Gates, reaching over $ 100 billion in value. French luxury fashion magnate Bernard Arnault beat the historic net assets Wednesday according to Bloomberg Billionaire's Index. Read more: A definitive list of the 13 richest tech billionaires in the world Arnault is chairman of LVMH, a group that includes brands such as …

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Weinstein's ex-HR manager said he had been dismissed for exposing alleged pay-off leakers by $ 425 billion

A former human resources chief of Harvey Weinstein's former company claims he received a payment of $ 425,000 for determining who disclosed information about sexual assault against the disgraced former Hollywood mogul. Weinstein Company's former CEO, Frank Gil, filed a civil lawsuit against Harvey Weinstein, his brother Bob Weinstein, and Chief Operating Officer David Glasser at the Supreme Court in …

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