March 21 (Reuters) - FedEx ( FDX ) raised its fiscal 2024 profit forecast on Thursday, expecting cost cuts to offset a decline in demand from its largest customer, the U.S. Postal Service (USPS). The parcel delivery firm now expects earnings per share for fiscal 2024 to be in the range of $17.25 to $18.25, compared with its prior forecast...

04:08 PM EDT, 03/21/2024 (MT Newswires) -- (Updates with statement from FCC spokesperson in the second paragraph) Amazon.com ( AMZN ) is under investigation by the US Federal Communications Commission for the alleged marketing and selling of unlawful electronic devices, Reuters reported late Wednesday, citing an FCC spokesman. We have several ongoing investigations into retailers, including Amazon ( AMZN ),...

04:07 PM EDT, 03/21/2024 (MT Newswires) -- Price: 448.61, Change: -30.23, Percent Change: -6.31 ...

04:06 PM EDT, 03/21/2024 (MT Newswires) -- The Federal Trade Commission said in a report Thursday that big grocery chains used their size advantage to keep shelves stocked during the pandemic, squeezing out smaller rivals, and raising prices. As the pandemic illustrated, a major shock to the supply chain can have cascading effects on consumers, including the prices they pay...