June 26, 2019

Review Category : People

FedEx loses $2 billion, warns of headwinds in coming year

FedEx loses $2 billion, warns of headwinds in coming yearFedEx Corp. posted weak quarterly results in its core express business and warned Tuesday that its profit in the year ahead will be hurt by slowing growth in the world economy and the decision to drop a contract with retail giant Amazon. The delivery company reported a quarterly loss of nearly $2 billion. FedEx started a new fiscal year this month, and Chief Financial Officer Alan Graf said the company's performance, especially at FedEx Express, is being hurt by continued weakness in global trade and industrial production.


Read More →

A Martian methane belch melts away

A Martian methane belch melts awayNASA's Curiosity Rover last week detected the highest ever levels of the colorless, odorless gas over the course of its seven year mission on the Red Planet, raising hopes it could be evidence of the existence of microbial life. Scientists have tracked a seasonal rise and fall in background methane levels but haven't been able to establish a pattern for the transient plumes. "We're more motivated than ever to keep measuring and put our brains together to figure out how methane behaves in the Martian atmosphere," said Ashwin Vasavada, Curiosity's project scientist at NASA's Jet Propulsion Laboratory.


Read More →

Father-daughter border drowning highlights migrants' perils

Father-daughter border drowning highlights migrants' perilsThe man and his 23-month-old daughter lay face down in shallow water along the bank of the Rio Grande, his black shirt hiked up to his chest with the girl tucked inside. The searing photograph of the sad discovery of their bodies on Monday, captured by journalist Julia Le Duc and published by Mexican newspaper La Jornada, highlights the perils faced by mostly Central American migrants fleeing violence and poverty and hoping for asylum in the United States. According to Le Duc's reporting for La Jornada, Óscar Alberto Martínez Ramírez, frustrated because the family from El Salvador was unable to present themselves to U.S. authorities and request asylum, swam across the river on Sunday with his daughter, Valeria.


Read More →