FedEx CFO John Dietrich will step down after the FedEx Freight spinoff, as the company continues its major restructuring plan.

SEATTLE — As Amazon.com Inc. navigates a pivotal year for its cloud-computing powerhouse and e-commerce empire, Wall Street is overwhelmingly bullish on the stock heading into the rest of 2026, with average price targets suggesting 20% upside from current levels and some analysts forecasting gains as high as 50%.

NEW YORK — The abrupt failure of U.S.-Iran peace negotiations in Pakistan and President Donald Trump's immediate order to blockade the Strait of Hormuz sent shockwaves through world financial markets Monday, driving oil prices above $103 a barrel and triggering sharp declines in global stock indexes as investors priced in prolonged energy disruptions and higher inflation risks.

Elon Musk's $134B lawsuit against OpenAI and Microsoft intensifies, with new claims, leadership challenges, and a high-stakes trial set for April 27.

USPS proposes raising stamp prices to 82 cents as part of a new mailing rate increase aimed at addressing financial pressure and rising costs.

Chinese automakers boost global exports as domestic car sales decline, led by strong EV demand and expanding overseas markets in 2026.

A former personal assistant has pleaded guilty to stealing nearly $10 million from her elderly employers to fund a luxury shopping spree.

USPS pauses pension contributions to conserve cash as financial losses raise concerns about a potential funding crisis.

The DOJ investigates the NFL's broadcast model over rising costs and concerns it may limit competition and fan access.

Elon Musk's xAI has filed a lawsuit to block Colorado's new AI law, arguing it violates free speech and could slow down AI development in the U.S.