Haley, what does this mean for the company's new c e, owho, who took over just in june? Haley: roin a hes and richard smith became the c of express in april. The really focus on what they're calling a better, not beggar strategy, which really seems to be paying off. And that's why we think it's mostly a company specific issue for fetx versus the broader economy.
Bloomberg Intelligence Senior Transportation Analyst Lee Klaskow discusses FedEx suffering its biggest stock drop since at least 1980 after withdrawing its earnings forecast on worsening business conditions. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Metals & Agriculture Deputy Team Leader Joe Deaux share the details of Joe's Businessweek Magazine story Biggest US Copper Mine Stalled Over Sacred Ground Dispute. Bloomberg News Agriculture Reporter Elizabeth Elkin explains why a La Nina three-peat brings a $1 trillion risk to global economies. And we Drive to the Close with Brian Rehling, Head of Global Fixed Income Strategy at Wells Fargo Investment Institute.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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