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.
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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.
Iran's president said Iran would suspend strikes on regional neighbors unless attacks come from them.
Defense Secretary Pete Hegseth said the U.S. will confront "anything that shouldn't be happening, whether it's in public or back-channeled."
Video of last year's fatal shooting of Ruben Ray Martinez obtained by CBS News appears to contradict claims that Martinez was shot by an ICE agent because he "accelerated" and "intentionally ran over" another agent.
A lawyer for an American man held in a notorious Iranian prison says he can only hope U.S. and Israeli forces "exercise extreme caution," as concern about U.S. prisoners mounts.
Severe storms were sweeping across the central U.S., and forecasters warned tornadoes could turn dangerous across several states.
The Justice Department on Friday asked a federal appeals court to overturn a lower court ruling that invalidated President Trump's executive orders targeting four major law firms.
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
Rep. Darrell Issa's abrupt reversal injects more uncertainty in the race for the newly redrawn Southern California congressional district.
The People's Celebration, allowed former presidents, family members, and more to honor the icon of the Civil Rights Movement.
Rep. Darrell Issa's abrupt reversal injects more uncertainty in the race for the newly redrawn Southern California congressional district.
The Justice Department on Friday asked a federal appeals court to overturn a lower court ruling that invalidated President Trump's executive orders targeting four major law firms.
Severe storms were sweeping across the central U.S., and forecasters warned tornadoes could turn dangerous across several states.
A Pakistani business owner accused of trying to hire hit men to kill a U.S. politician has been convicted in a trial that showcased allegations of Iran-backed plotting on American soil.
President Trump predicted the destruction not just of college sports but the entire U.S. collegiate system unless the industry is fixed quickly.
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
Jet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
The maker of the Claude chatbot says its research could help identify economic disruptions by measuring how AI is currently reshaping work.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
Rep. Darrell Issa's abrupt reversal injects more uncertainty in the race for the newly redrawn Southern California congressional district.
The Justice Department on Friday asked a federal appeals court to overturn a lower court ruling that invalidated President Trump's executive orders targeting four major law firms.
A Pakistani business owner accused of trying to hire hit men to kill a U.S. politician has been convicted in a trial that showcased allegations of Iran-backed plotting on American soil.
President Trump predicted the destruction not just of college sports but the entire U.S. collegiate system unless the industry is fixed quickly.
Video of last year's fatal shooting of Ruben Ray Martinez obtained by CBS News appears to contradict claims that Martinez was shot by an ICE agent because he "accelerated" and "intentionally ran over" another agent.
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.
Defense Secretary Pete Hegseth said the U.S. will confront "anything that shouldn't be happening, whether it's in public or back-channeled."
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
A lawyer for an American man held in a notorious Iranian prison says he can only hope U.S. and Israeli forces "exercise extreme caution," as concern about U.S. prisoners mounts.
Ukraine's President Volodymyr Zelenskyy says his country will work with the Pentagon and Gulf allies to share what it has learned during four years of drone warfare.
Kremlin press secretary Dmitry Peskov told reporters Russia's government is in "dialogue" with Iranian leadership representatives.
The Academy Award-winning actress and the bestselling writer team up for a courtroom thriller that touches on the lightning-rod issue of abortion.
Oscar nominee Maggie Gyllenhaal speaks about reimagining "Bride of Frankenstein" to create her new gothic thriller "The Bride!" which she wrote, produced and directed. The star-studded cast includes Jessie Buckley, Christian Bale and her brother, Jake Gyllenhaal.
Maggie Gyllenhaal tells "CBS Mornings" featured host Vladimir Duthiers about the inspiration behind her new film "The Bride!," a reimagining of the 1935 classic "The Bride of Frankenstein," collaborating with its stars and more.
Britney Spears is out of police custody after she was arrested Wednesday in California on suspicion of driving while intoxicated. A representative for Spears said this "was an unfortunate incident that is completely inexcusable," adding, "Britney is going to take the right steps and comply with the law."
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.
Artificial intelligence promised to lighten the workload while increasing productivity. But as more people are using AI for work, a new study published in Harvard Business Review finds AI overuse could cause "brain fry." CBS News correspondent Lana Zak spoke with the study's lead author to unpack the findings.
The most recent government data shows nearly 28% of Americans live alone. The number has risen for decades, especially for older generations. Ash-har Quraishi shows simple tools that can provide extra security and protection for your aging loved ones.
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.
The CEO of Anthropic is apologizing for a leaked internal memo amid a feud with the Pentagon over its AI model. The memo criticized the Trump administration and OpenAI. It comes after the Defense Department declared Anthropic a supply chain risk or a possible security risk.
The Pentagon formally designated artificial intelligence firm Anthropic as a supply chain risk on Thursday amid their feud over AI guardrails. Yahoo Finance senior reporter Brooke DiPalma joins CBS News with more.
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.
The gunman who carried out the mass shooting last weekend in Austin, Texas, assaulted a woman three months earlier at a Tesla facility, according to a lawsuit filed Thursday in Texas.
Becky Lloyd, a neighbor and friend of Kouri Richins, who is accused of fatally poisoning her husband in 2022, testified at her trial on Thursday about conversations they had about Richins' marriage. Lloyd said Richins' told her, "In many ways it would be better if he [Richins' husband], if he were dead" in a serious tone. Richins denies killing her husband and has pleaded not guilty to charges.
Ihor Komarov, 28, was identified from DNA samples taken from the dismembered body and compared to those of his mother, police said.
Authorities have arrested a suspect in the killing of three women in Utah, identifying him as Ivan Miller. CBS News correspondent Carter Evans reports.
John Daghita was arrested on the island of Saint Martin, FBI Director Kash Patel 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.
Video of the March 2025 fatal shooting of American citizen Ruben Ray Martinez obtained by CBS News appears to contradict claims by federal officials that an Immigration and Customs Enforcement agent shot Martinez because he "accelerated" and "intentionally ran over" another agent with his car. The footage shows that Martinez's car, a blue Ford Fusion, was stationary or going at a very low rate of speed when he was fatally shot, and the brake lights appear to be on. CBS News reached out to representatives for the Department of Homeland Security seeking comment on the footage and is awaiting a response.
When a little boy showed up alone for a major procedure in Nebraska, an anesthesiologist stepped in. As Steve Hartman reports, she didn't stop there.
Authorities in Utah have identified the man taken into custody on suspicion of killing three women. Jonathan Vigliotti reports.
A tornado tore through southern Michigan, leaving a path of destruction through the town of Three Rivers. Omar Villafranca has details.
Oil and gas prices are going up, and stock values are coming down as the war with Iran reaches nearly one week. Meanwhile, the U.S. job market lost 92,000 jobs in February, marking an unexpected setback for the economy. Kelly O'Grady has analysis.