Worst day in a decade... FedEx plummeted 13% one day last week after cutting its profit expectations for next year. But FedEx isn't just FedEx. Watching its global shipping network gives helpful insights on how the world's economy is doing (it's a "leading indicator"). That single earnings report was enough to worry investors.
The huge cardboard box... within a box within another bubble-wrapped box? Not sustainable. Since Amazon delivers 10B packages per year, CEO Jeff Bezos pledged to be 100% renewable by 2030 and carbon neutral by 2040 — a decade before Paris Climate Accord targets. Employees still walked out Friday to pressure Amazon to reduce its absurd carbon footprint. To start, it ordered 100K Rivian electric delivery vans (Amazon's a Rivian investor).