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Business

FedEx 4Q profit drops as priority services lag

In this Tuesday, April 23, 2013, photo, a FedEx cargo planes comes in for a landing at the Juneau International Airport in Juneau, Alaska. On Wednesday, June 19, 2013, Fedex Corp. reports quarterly earnings.

FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options and the company spent heavily on restructuring.

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BUSINESS

Unmanned aircraft struggle to shed 'drone' image

Unmanned aircraft have helped rescue stranded hikers, worked to contain wildfires and gathered data at nuclear accidents. One helped a Russian tanker find its way through Arctic ice to bring oil to a stranded Alaskan community.
BUSINESS

Fed suggests it's closer to slowing bond purchases

The Federal Reserve signaled Wednesday that it's moving closer to slowing its bond-buying program, which is intended to keep long-term interest rates at record lows.
BUSINESS

Men's Wearhouse ousts founder, pitchman Zimmer

Men's Wearhouse doesn't like the way its founder looks anymore.
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TECHNOLOGY

France threatens Google with privacy fines

France is giving Google three months to abide by the country's data privacy laws or be fined.

40 minutes ago
TECHNOLOGY

Sony chief says time needed to study proposal

Sony Corp. needs more time to study a key proposal from a U.S. hedge fund to spin off a part of its entertainment unit as a way to propel its fledgling revival, the chief executive told shareholders Thursday.
BUSINESS

Bernanke clarifies Fed plan to cut bond purchases

A muddled message from the Federal Reserve has rattled investors for weeks.

2 hours ago
BUSINESS

Stocks slide as Fed says bond purchases could slow

Financial markets shuddered Wednesday after the Federal Reserve said it could start scaling back its huge economic stimulus program later this year and end it by the middle of next.
BUSINESS

GAO says airline merger would reduce competition

A government review finds that the merger of American Airlines and US Airways would reduce competition on more than 1,600 routes traveled by more than 53 million passengers.
TECHNOLOGY

Dotcom 'in tears' after Megaupload files deleted

Megaupload founder Kim Dotcom said Thursday he was "in tears" after a European company deleted all the data it was hosting from his shuttered file-sharing site.
BUSINESS PEOPLE

aeSolutions hires Manager of Quality

aeSolutions is proud to announce that Suzan Rolland has joined their corporate team as Manager of Quality and will be based in their Anchorage office.