Amazon signs up FedEx for residential deliveries after UPS pullback FedEx shares rose 1.2% after the closing bell after the delivery company said the multi-year agreement covers residential delivery of select large packages for Amazon.The deal with FedEx, signed in February, gives Amazon “cost favorability” compared to UPS, Business Insider, citing an internal document, had … Read More >>
Codelco, BHP agree on terms to explore ‘Anillo’ mining property BHP will spend up to $40 million to explore the area, Codelco said in a statement. BHP could form a tie-up with Codelco to mine there if there is evidence of a favorable business case, Codelco added. (Reporting by Fabian Cambero; Editing by Brendan O’Boyle) … Read More >>
Blackstone in talks to buy utility TXNM, source says Conversations between Blackstone Infrastructure Partners and TXNM about structuring an agreement are ongoing, said the source, who cautioned the situation was fluid and there was no guarantee a deal would be struck.The source spoke on condition of anonymity to discuss confidential deliberations.Bloomberg News … Read More >>
US budget surplus surges to $258 billion in April, year-to-date deficit tops $1 trillion (Reuters) -The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, reflecting strong tax receipts in the final month of the tax season and record collections of import duties, the Treasury Department said on Monday.Treasury reported that customs d … Read More >>
Elon Musk’s Next BIG Bet [sponsor] First he bet it all on PayPal and made millions… Then he bet it all on Tesla and made billions. Now he’s going all-in again… And this time he plans to dominate a market worth $3.2 trillion. That’s why I’m projecting huge profits for early investors who get in before December 31st, 2025! Click here for the full details.
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