FedEx and Pilots Reach Tentative Deal to Raise Pay About 40% and Deliver Large Back Pay
FedEx and its pilots’ union reached a tentative multi‑year pact to raise hourly pay about 40% in 2026 and deliver substantial retroactive cash.
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FedEx and its pilots’ union reached a tentative multi‑year pact to raise hourly pay about 40% in 2026 and deliver substantial retroactive cash.
RTX says it signed a $3.7B direct commercial sale of Patriot GEM‑T interceptors to Ukraine, backed by a new production line in Schrobenhausen, Germany.
Dow will name COO Karen S. Carter CEO on July 1, 2026; current CEO Jim Fitterling becomes executive chair as the company advances its transformation.
Strategy Inc.'s April 13 8‑K shows ~$1.00B raised April 6–12 and acquisition of 13,927 BTC, contradicting a viral Telegram post's one‑day figures.
U.S. spot crypto ETFs drew about $973M in the week of April 6–10, 2026—led by BlackRock’s IBIT and boosted by Morgan Stanley’s new Bitcoin ETF.
Beijing court orders substantive consolidation and liquidation of Zhongzhi Enterprise Group and 316 affiliates; creditors must file claims by June 10.
Broadridge reports DLR handled an average $354B/day in March (~$8T month); the firm hasn't clarified how much reflected final on‑chain settlement.
Labor Dept. proposes a safe harbor allowing 401(k)s to include private assets — from private equity to crypto — if fiduciaries follow specified vetting processes.
EOG raised its projected current tax expense for Q1 2026 to $500–$600M, citing higher crude prices tied to Middle East conflict — lifting the tax midpoint about $270M.
On April 9, Chevron warned marking derivatives, LIFO inventory and a $2–4bn working‑capital outflow could trim roughly $2.7–$3.7bn from Q1 results.
Maersk will keep vessels on longer detours despite a US‑Iran two‑week ceasefire that could allow limited, conditional transit through the Strait of Hormuz.
CEA research finds a federal ban on stablecoin yields would raise U.S. bank lending by about $2.1 billion under current conditions; worst‑case $531B.
Seoul’s KOSPI surged 5.8% after a U.S.-Iran two-week pause in fighting drove oil prices lower and strengthened the won, triggering a broad relief rally.
Morgan Stanley's planned spot bitcoin trust set ticker MSBT and a 0.14% fee after seed purchases, but no official launch date has been announced.
Neurocrine will acquire Soleno for $2.9B to add VYKAT XR, the newly approved Prader‑Willi hyperphagia drug, aiming to expand its rare‑disease portfolio.
Samsung projects a record Q1 2026 operating profit of about ₩57.2 trillion, driven largely by surging demand for AI memory chips.