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FedEx, Pilots Near Deal With 40% Pay Raise After Five Years of Talks

The ALPA agreement came hours after the logistics giant's trucking unit outlined margin expansion and network…

FedEx Freight Taps New CEO, Chairman Ahead of 2026 Spinoff

U.S.-Canada chief operating officer John Smith will be appointed CEO of the independent LTL, while vice chair…

FedEx Spins Off Trucking Unit to ‘Play Offense’ in LTL Market

The logistics giant hopes to unlock more value in making FedEx Freight a standalone public company, all while…

XPO’s Latest Move Signals Firm Focus on Trucking

The company's board approved plans to spin off its freight brokerage division and divest the European and…

Neiman Eyeing 3-Way Split? CEO Weighs In

Reports indicate that the luxury department store is the latest target of calls to separate in the name of…

Will Victoria’s Secret’s Public Debut Drag Sales Out of the Doldrums?

Martin Waters, CEO of the Victoria's Secret division at L Brands, will become CEO of the public firm when…

2019 Hasn’t Been Kind to IPOs. Madewell and Old Navy Are Taking Note.

It's been a tough year for initial public offerings and a gloomy IPO landscape could upend Old Navy and…

Gap Inc. Says it Won’t Rebrand After Old Navy Spin-off

After 50 years, Gap Inc. isn't willing to part with its iconic brand name.

American Eagle Says Spinoff for Aerie Could Come—But Not Now

American Eagle Outfitters Inc. may spin off its highly successful Aerie lingerie brand—but not yet.

Li & Fung Posts 26 Percent Profit Slide; Eyes Spinoff of LF Logistics Business

With a double digit profit slide in 2018, Li & Fung has plans for continued investments in digitization and…

Yahoo Stops Alibaba Spinoff

Yahoo has put the skids on the planned spinoff of its stake in Alibaba.

Yahoo to Proceed with Alibaba Spinoff Without IRS Approval

In a filing with the U.S. Securities and Exchange Commission on Monday, the internet giant said its board of…

Yahoo Files to Spin Off Alibaba Stake

Yahoo on Friday filed regulatory documents with the U.S. Securities and Exchange Commission to spin off its…