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Bloomberg Businessweek

Business

FedEx Aims to Cut $4 Billion

2023-04-05

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Bloomberg News Industrial, Logistics and Aerospace Reporter Thomas Black explains how FedEx is seeking to cut $4 billion in costs by combining its two main delivery networks. Tom Siebel, CEO at C3.ai, says accounting and disclosure issues alleged by short-seller Kerrisdale Capital are “complete fiction.” And We Drive to the Close with Bill Davis, Portfolio Manager at Hennessy Funds.
Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan.

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