FedEx vows to pass any tariff refunds it gets from U.S. on to customers
FedEx said it will reimburse customers if the Trump administration provides refunds following a Supreme Court ruling that struck down emergency tariffs.
Watch CBS News
FedEx said it will reimburse customers if the Trump administration provides refunds following a Supreme Court ruling that struck down emergency tariffs.
FedEx is suing the Trump administration for a full refund of all payments it made to the government under President Trump's tariff policy that the Supreme Court has since ruled illegal. Rob Schroeder, the Washington bureau chief for MarketWatch, joins with more.
FedEx sued the Trump administration over its tariffs on Monday, asking for a "full refund" of all payments it made to the government under a set of tariff policies that were ruled illegal by the Supreme Court.
Most stores will remain open on Veterans Day, but services like the USPS and many banks will close.
The Federal Aviation Administration on Saturday ordered MD-11 and MD-11F aircrafts to be grounded as authorities investigate the deadly UPS plane crash in Kentucky.
At least 14 people were killed in the UPS cargo plane crash near the Louisville International Airport on Tuesday, officials said. UPS and FedEx announced they were grounding their fleets of McDonnell Douglas MD-11 planes "out of an abundance of caution."
The founder of the global transportation and logistics company died at age 80.
A FedEx cargo plane made an emergency landing at Newark Liberty International Airport after a bird strike caused an engine fire, the FAA says.
At a FedEx shipping hub in Anchorage, Alaska, employees can sort up to 80,000 packages a day during the holidays. And as they're dealing with a last wave of Christmas gifts getting ready to ship out this week, they're also dealing with a new wave of gifts that are being returned. Kris Van Cleave takes an inside look at the process.
During the holidays, there are 33 delivery planes a day which fly in and out of Anchorage, Alaska, carrying about 80,000 packages.
CBS News correspondent Nancy Chen tagged along at a UPS training facility with a driver amid the holiday season rush.
Customers expecting deliveries on Friday could face a wait following a software outage that's impacting flights across the globe.
With Veterans Day falling on a Saturday this year, some banks weren't open on Friday and others will be closed on Saturday in observance of the federal holiday that honors Americans who served in the military.
The FedEx 747 skidded off a runway but there was no fire, the city's fire department said. The airport said the three pilots on board weren't injured.
A FedEx cargo plane skidded off a runway during landing in Chattanooga, Tennessee, Wednesday night after a landing gear malfunction. The three pilots aboard were not hurt.
The judge said he declared the mistrial due to the errors of a police detective during his investigation and testimony.
Drivers represented by the Teamsters union and UPS have reached a tentative deal on a new contract, averting a possible strike.
At least 8 people killed in Indianapolis mass shooting; life sized teddy bear treks across California
Negotiations between UPS and its union are stalled, meaning as many as 340,000 full- and part-time drivers, loaders and package handlers could walk off the job beginning Aug. 1. CBS News senior national correspondent Mark Strassmann reports on the potential strike.
When Fred Smith started his next-day delivery company Federal Express in 1973, flying packages to customers, it was not an overnight success. Today FedEx moves 15 million packages a day aboard its fleet of aircraft, through hubs in Memphis and other cities, to more than 200 countries around the world. CBS News national security correspondent David Martin talks with Smith about how the former Marine captain and decorated Vietnam veteran transformed the shipping industry.
When Fred Smith, a former Marine captain and decorated Vietnam veteran, started his next-day delivery company in 1973, he flew less than 190 packages to customers. Today the FedEx fleet moves 15 million packages a day to more than 200 countries around the world.
A FedEx cargo jet was attempting to land when a Southwest Airlines jet was cleared to take off from the same runway, the FAA said.
The holiday season is posting lower than expected sales numbers, as customers are curbing their spending amid rising costs due to inflation. Steve Futterman has the details.
With Christmas just a week away, Americans are rushing to complete their holiday shopping and shipping amid a surge in prices due to inflation. Danya Bacchus has more on the last minute frenzy.
The U.S. Postal Service says first class mail and packages should be shipped by Saturday to arrive in time for Christmas. Kris Van Cleave takes a look at the holiday shipping crunch.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
President Trump said he must have a role in choosing Iran's next leader and called the son of the late Ayatollah Ali Khamenei "unacceptable."
Defense Secretary Pete Hegseth is giving a press briefing with Admiral Brad Cooper, the commander of U.S. Central Command.
The assassination of Iran's Supreme Leader Ayatollah Ali Khamenei in the early hours of the war has raised a simple but enormously consequential question: Who will replace him?
The FBI said it "identified and addressed suspicious activities on FBI networks" and that it was responding but did not elaborate.
The U.S. military has formally designated artificial intelligence firm Anthropic a supply chain risk, sources told CBS News, a sweeping move that could cut it off from military contracts.
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
The House passed a measure to fund the Department of Homeland Security on Thursday, but Senate Democrats blocked similar legislation.
A former national security official says Iran has "surrogate networks here in the United States" and urges Americans to be "extra vigilant right now."
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
John Daghita was arrested on the island of Saint Martin, FBI Director Kash Patel said.
More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.
Defense Secretary Pete Hegseth is giving a press briefing with Admiral Brad Cooper, the commander of U.S. Central Command.
Savannah Guthrie thanked her colleagues for "caring about my mom as much as I do" in her visit to the studio since Nancy Guthrie's disappearance.
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.
The U.S. military has formally designated artificial intelligence firm Anthropic a supply chain risk, sources told CBS News, a sweeping move that could cut it off from military contracts.
Job cuts at a Whirlpool factory in Iowa underscore the challenges in reviving American manufacturing. "Every day, workers' jobs are still in jeopardy," a union official said.
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
Defense Secretary Pete Hegseth is giving a press briefing with Admiral Brad Cooper, the commander of U.S. Central Command.
The U.S. military has formally designated artificial intelligence firm Anthropic a supply chain risk, sources told CBS News, a sweeping move that could cut it off from military contracts.
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
The Texas Republican admitted Wednesday that he had a relationship with the staffer, who later died by suicide.
A pair of tech investors have filed a civil lawsuit accusing the Trump administration of failing to enforce a law that required TikTok to either separate from its China-based owner or face a U.S. ban.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
John Daghita was arrested on the island of Saint Martin, FBI Director Kash Patel said.
Defense Secretary Pete Hegseth is giving a press briefing with Admiral Brad Cooper, the commander of U.S. Central Command.
The assassination of Iran's Supreme Leader Ayatollah Ali Khamenei in the early hours of the war has raised a simple but enormously consequential question: Who will replace him?
A former national security official says Iran has "surrogate networks here in the United States" and urges Americans to be "extra vigilant right now."
Ecuador and the U.S. began joint military operations on Tuesday, the U.S. Southern Command said on social media.
Savannah Guthrie thanked her colleagues for "caring about my mom as much as I do" in her visit to the studio since Nancy Guthrie's disappearance.
(Warning: Spoiler alert ahead!) Savannah Louie, who won season 49 of "Survivor," talks about her early elimination from the show's 50th season, challenges she faced as a former winner and the lesson she took away from the game.
Throughout her career, Annie Leibovitz has photographed influential women, including Supreme Court Justice Ketanji Brown Jackson, Queen Elizabeth and former House Speaker Nancy Pelosi. She spoke to Anthony Mason about the moments behind the photos and what she plans for her future.
Hilarie Burton Morgan, known for playing Peyton on "One Tree Hill," talks about her docuseries, "True Crime Story: It Couldn't Happen Here," which is in its third season. She explains how each episode highlights a case in a small town in the U.S., how the series empowers the audience and recent developments in a cold case.
TV host and food expert Padma Lakshmi, the creator and executive producer of the new CBS series, "America's Culinary Cup," speaks to "CBS Mornings" about creating the cooking competition and how it's different from other shows.
Anthropic CEO Dario Amodei said his company and the Department of Defense "have much more in common than we have differences."
Hours after the Trump administration ditched Anthropic over the dispute about AI use, OpenAI struck its own deal with the Pentagon. Now the details of that agreement appear to be changing after backlash. Katrina Manson, Bloomberg News reporter, has more.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Drones struck two facilities in the United Arab Emirates directly, and damaged a data center in Bahrain, Amazon said.
The CEO of Anthropic says his company refused to allow its technology to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement).
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
John Daghita was arrested on the island of Saint Martin, FBI Director Kash Patel said.
Austin Police Chief Lisa Davis played surveillance video and police body cam video.
A suspect is in custody and has been identified after authorities in Utah found three women's bodies in two locations.
A man accused of plotting to kill U.S. politicians said he was pressured by Iran's Islamic Revolutionary Guard Corps to devise the murder-for-hire scheme.
DNA from the gloves found near Nancy Gunthrie's Arizona home was traced back to a local restaurant worker who has no connection to the investigation, the Pima County Sheriff's Department said.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
President Trump spoke Thursday from the White House about the war in Iran, calling on members of Iranian Revolutionary Guard to lay down their arms or face "guaranteed death." See his remarks.
As missiles are flying in the Middle East, one million Americans are currently in the region, and many want out. CBS News correspondent Shanelle Kaul spoke with a woman who said she feels the government's messaging is creating "significantly more stress for people."
The war with Iran has pushed the cost of oil to $80 a barrel. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to unpack the possible repercussions.
President Trump announced Kristi Noem's ouster as DHS secretary minutes before Noem gave an address to the Sergeant Benevolent Association Major Cities Conference in Nashville. CBS News correspondent Nicole Valdes was at the address and has more.
President Trump announced Thursday that he is removing Homeland Security Secretary Kristi Noem and will nominate Republican Sen. Markwayne Mullin of Oklahoma to replace her. CBS News has learned that the final straw appeared to be Noem's response to a question during Tuesday's Senate hearing from Republican Sen. John Kennedy about her decision to spend $220 million on an ad campaign aimed at reducing illegal immigration. CBS News' Nancy Cordes and Caitlin Huey-Burns report.