FedEx profit more than doubles, tops expectations

NEW YORK (Reuters) - Package delivery giant FedEx Corp posted sharply higher quarterly profit, topping expectations, but its shares fell, giving back gains accrued in the days leading up to the earnings announcement.

Issues in Depth

Greece's Prime Minister George Papandreou gestures as he answers reporters' questions after a meeting with European Parliament President Jerzy Buzek in Brussels March 18, 2010. REUTERS/Thierry Roge

Greece: Paying too high a cost

Greece raises the stakes in its quest for EU help to tackle its debt crisis, warning that the IMF option is still in play.  Full Article 

North Korean leader Kim Jong-il claps during a mass rally in Hamhung Square to celebrate the completion of the February 8 Vinalon Complex in Hamhung in South Hamgyong Province March 6, 2010 in this picture released by the North's KCNA news agency on March 7, 2010.  Credit: Reuters/KCNA

Kim may ramp up scare tactics

North Korea's Kim Jong-il is in one of the riskiest periods of his iron rule. Should the West be afraid?  Full Article 

Employees count yuan banknotes at a Bank of China branch in Changzhi

Scapegoat or manipulator?

Being labeled a "currency manipulator" by the U.S. may be China's "least bad" option, Reuters Breakingviews editor Edward Hadas says.   Video 

Owner James Sikes (in vehicle) with his 2008 Toyota Prius after a California Highway Patrol officer assisted Sikes in stopping the vehicle along Intersate 80 near El Cajon, March 8, 2010. Credit: REUTERS/California Highway Patrol/Handout

Police report backs Prius driver

A witness account by the officer who raced to help the "runaway" Prius supports the driver's version, which Toyota has called into question.  Full Article 

Photo

Muscle-bound trout

Scientists have created a transgenic trout with muscles your average body builder would die for.  Video 

  Conan O'Brien gestures at the 2005 International Consumer Electronics Show in Las Vegas January 5, 2005.  Credit: Reuters/Mike Blake

Waiting for Conan's return

The most famous out-of-work American has been keeping busy -- and plotting his return to television.  Full Article 

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