FedEx Founder Issues Dire Warning About ‘Unsustainable’ Government Debt
By Tom Ozimek Fred Smith, the founder of executive chairman of shipping giant FedEx, is the latest business leader to sound the alarm that if America’s ballooning public debt is left unchecked, it will threaten to spiral into a catastrophic crisis. Mr. Smith was asked during an interview on Fox News for his opinion on projections from the Congressional Budget Office (CBO) that U.S.
More Stories
Natixis Advisors LLC Acquires 288,968 Shares of Eni S.p.A. (NYSE:E)
Natixis Advisors LLC raised its stake in Eni S.p.A. (NYSE:E – Free Report) by 12.8% during the third quarter, HoldingsChannel.com...
1,100 Shares in Edwards Lifesciences Co. (NYSE:EW) Acquired by AM Squared Ltd
AM Squared Ltd bought a new position in Edwards Lifesciences Co. (NYSE:EW – Free Report) in the 3rd quarter, according...
KCM Investment Advisors LLC Has $340,000 Position in Norfolk Southern Co. (NYSE:NSC)
KCM Investment Advisors LLC decreased its holdings in shares of Norfolk Southern Co. (NYSE:NSC – Free Report) by 6.8% during...
Claro Advisors LLC Has $13.18 Million Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)
Claro Advisors LLC boosted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 9.0%...
Mizuho Markets Americas LLC Sells 5,531 Shares of Kimberly-Clark Co. (NYSE:KMB)
Mizuho Markets Americas LLC reduced its stake in Kimberly-Clark Co. (NYSE:KMB – Free Report) by 12.1% during the third quarter,...
Kentucky Retirement Systems Decreases Stake in Kimberly-Clark Co. (NYSE:KMB)
Kentucky Retirement Systems cut its stake in shares of Kimberly-Clark Co. (NYSE:KMB – Free Report) by 7.5% in the third...