FedEx To Start Giving Employees Wage Increases & Bonuses
FedEx said that it will be giving wage increases and bonuses, and make a voluntary $1.5 billion contribution to the company's pension plan, citing recent tax reform legislation.
Watch CBS News
FedEx said that it will be giving wage increases and bonuses, and make a voluntary $1.5 billion contribution to the company's pension plan, citing recent tax reform legislation.
American Airlines reported Thursday that fourth-quarter profit slipped 11 percent as higher costs for fuel and labor offset rising revenue.
Southwest Airlines is reporting that fourth-quarter net income soared to $1.89 billion on a massive tax benefit.
"I'm super bummed because this is so close to my house, and the other ones that are staying open aren't close at all," says shopper Aly Gonzales at the Galleria area store.
A North Texas restaurant is using social media to shame dine-and-dashers into coming back and paying their tabs.
Toys R Us, squeezed Amazon.com and huge chains like Walmart, will begin closing a number of its stores starting in February.
A civil rights group has sued Motel 6, alleging that it discriminated against Latino customers by giving their whereabouts and personal information to U.S. immigration agents.
Starbucks is giving its U.S. workers pay raises and stock grants this year, citing recent changes to the tax law.
JPMorgan is boosting wages, opening new branches and hiring thousands of new workers citing improved economic performance.
Twitter's chief operating officer is leaving the social media giant to lead another company. Anthony Noto joined Twitter in July 2014 and is considered a key part of the company's team.
Kimberly-Clark will cut between 5,000 to 5,500 jobs, or 12 percent to 13 percent of its workforce, the company said Tuesday. The company did not say where the job cuts would take place.
President Donald Trump on Monday approved tariffs on imported solar-energy components and large washing machines in a bid to help U.S. manufacturers.
Advances in technology have already reshaped stock trading, and now investors with TD Ameritrade can trade stocks around the clock during the week.
Amazon is raising the price of its Prime membership monthly plan by nearly 20 percent. The fee of $99 for an annual membership will not change, the company said Friday.
Business and city leaders all over North Texas say they're excited the DFW area made the list of 20 finalist cities now vying for Amazon's HQ2.
One of the notes threatened to kill Nancy Guthrie if a multimillion-dollar ransom wasn't paid in a week. The second says, ""She is buried in nature now."
The cause of the fire is under investigation.
The families of four children who died by suicide allege that using social media led to depression, anxiety and other mental health problems.
Romo was arrested in Wisconsin last week, accused of operating a vehicle while intoxicated.
A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.
A phone call from jail raised further suspicions that Carney targeted other girls.
More than 40 years after helping catch an ice cream truck driver who exposed himself to her, an Oklahoma woman testified against him in a Texas trial, helping secure a life sentence.
In 1991, a Plano girl was kidnapped and sexually assaulted. The same thing happened 8 years later in Dallas. Investigators found the same DNA on both victims.
Ashley Keith sat down with CBS News Texas for an exclusive interview, her first ever about her 1991 kidnapping.
A growing number of solar customers across the country have been left in limbo following a company's closure or bankruptcy.
Democratic Texas state Rep. Ramon Romero Jr. of Fort Worth speaks with Jack Dink about immigration policy, including Republican efforts to end birthright citizenship for so-called "birth tourists," or people who come to the U.S. in order to give birth. They also discussed data centers and the midterm elections.
Texas Lt. Gov. Dan Patrick spoke with Jack Fink at a Republican event in Sherman about the upcoming midterm elections and his proposals for property tax relief, among other topics.
Republican Rep. Brandon Gill of Flower Mound speaks with Jack Fink about his proposal to revoke birthright citizenship for children whose parents enter the U.S. illegally for the purpose of giving birth.
Malicious cyber activity affected technology at water systems in at least seven states this week, including Minnesota, leading authorities to dig into whether Iranian actors are behind the attack, CBS News has learned.
CBS News has learned that four of the nation's largest Latino civic organizations are joining forces for the first time, combining their voter outreach operations ahead of the crucial 2026 midterms.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
Telehealth platform disclosed users' "most private" health info and locked consumers into subscriptions, regulators allege.
The illness may take up to 14 days to incubate.
Dangerous heat is sending more people to the ER. Here's where North Texas outdoor workers can get free hydration kits.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
A fairly new entertainment and food venue in Allen surprised a lot of people last week by suddenly shutting down.
The future of AI technology manufacturing has landed in North Texas.
Mayor Jim Ross said hotel revenue in the city was a record $31 million in June, smashing the previous mark of $23 million.
Cuban alleges Patrick Dumont has engaged in "adversarial business practices."
During every U.S. World Cup match, 18-year-old Aaron Dotson was selling patriotic gear in downtown Dallas.
Romo was arrested in Wisconsin last week, accused of operating a vehicle while intoxicated.
The pressure is rising on FIFA President Gianni Infantino to ditch a $20 billion privatization plan, but soccer's governing body is doubling down and criticizing the media.
Allisha Gray scored five of her 25 points in the closing seconds and the Atlanta Dream overcame a 15-point deficit to beat the Dallas Wings 82-81 on Wednesday night in the first game for both teams since the All-Star break.
Yandy Diaz and Ryan Vilade homered in the first inning and five pitchers combined for a four-hitter as the Tampa Bay Rays beat the Texas Rangers 3-0.
Spikes Under the Lights organizers announced the matchups Tuesday for the Aug. 27 event at the home of the Dallas Cowboys.
A lawsuit alleges that a drive storing a $45 million spy film starring Nicolas Cage was "stolen right off a Netflix desk."
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.