The bad news for Facebook does not extend to its earnings — yet

Facebook Inc.'s Teflon sheen has been impenetrable, even as the past few weeks of bad news has put its brand name and investors to such a test that the company is reportedly planning a name change. Financially, though, the worst may actually be yet to come. Read More...


Cargo Force Wins $100 Million Postal Service Contract for Priority Mail

Cargo Force, which provides terminal handling services for U.S. Postal Service parcels moving by air via FedEx Express (NYSE: FDX), said Friday it is opening four new facilities to support express mail service after winning a seven-year, $100 million contract. The new facilities in Seattle, San Diego, Detroit, and Orlando, Florida, cover 173,000 square feet in total and will create 255 jobs across the four sites, the company said. The contract also renews service in Jacksonville, Florida, and Om

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