Christmas season retail hiring is expected to significantly outpace the level seen in 2013.» Read More
Sept 17- Department store operator Kohl's Corp said it is hiring more than 67,000 workers for the holiday selling season, about 34 percent more than what it recruited last season. The Menomonee Falls, Wisconsin- based retailer had hired about 50,000 seasonal employees for the 2013 holiday season.
NEW YORK— Kohl's Corp. plans to hire more than 67,000 seasonal workers nationwide for the holiday shopping season, which the company said is a 15 percent increase over last year. FedEx Corp. also said Wednesday it plans to increase holiday hiring. That's more than double last year, when FedEx announced it would hire 20,000 seasonal workers.
CHICAGO, Sept 17- Package delivery company FedEx Corp should enjoy a record holiday peak season thanks to the continued rise of online consumer sales in the United States, company officials said on Wednesday.
Sept 17- FedEx Corp reported a better-than-expected 24 percent jump in quarterly profit as the world's No. 2 package delivery company benefited from higher shipment volume. The company's net income rose to $606 million, or $2. l0 per share, in the first quarter ended Aug. 31, from $489 million, or $1.53 per share, a year earlier.
DALLAS— Growth in online shopping is boosting profit at FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for holiday-season package deliveries. The hiring plan from FedEx Corp. came a day after rival UPS said it would hire up to 95,000 seasonal workers.
Sept 16- FedEx Corp, the world's No.2 package delivery company, said it would increase shipping rates for its express, ground and freight services, effective Jan. 5, 2015. The rate change applies to FedEx freight shipments within the United States, Canada and Mexico as well as between the U.S. and Canada and between the U.S. and Mexico, FedEx said.
Some of Tuesday's midday movers:
UPS said it would hire 90,000 to 95,000 seasonal employees ahead of an expected surge in package deliveries through the holiday shopping season.
Sept 16- United Parcel Service Inc is almost doubling the number of seasonal employees it hires for this year's holiday shopping season as it aims to avoid a repeat of last year's network breakdown during the crucial period.
DALLAS— UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season— an increase from last year, when the company was caught unprepared for a boom in online shopping. The Atlanta- based company said Tuesday that the positions will include package sorters, loaders, delivery helpers and drivers.
Sept 16- United Parcel Service Inc, the world's largest courier company, said it would hire 90,000 to 95,000 seasonal employees ahead of an expected surge in package deliveries through the holiday shopping season.
WASHINGTON— More than 120 members of Congress urged the Supreme Court on Thursday to recognize that pregnant workers are entitled to reasonable accommodations such as light duty, saying it's needed to ensure that expecting mothers are not forced out of their jobs.
NEW YORK— Chinese e-commerce company Alibaba Group is seeking to raise up to $24.3 billion in an initial public offering on the New York Stock Exchange, which would value the company at $163 billion. 1. Agricultural Bank of China Ltd. raised $22.12 billion in its June 2010 debut in Hong Kong and Shanghai.
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TORONTO, Aug 15- More than eight months after an extreme winter began snarling North American rail traffic, a Reuters analysis of industry data shows delays lingering, raising the risk of a second winter of chaos on the rails.