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Brazil owes nothing in climate change fight, says minister

Bloomberg Brazil owes nothing in the fight against global climate change and should be paid for its work so far, according to the country’s new environment minister. For Ricardo Salles, the Paris Accord in itself is neither good nor bad, but it must bring economic benefits to Brazil. If the agreement limits production or the use of land, Brazil could ...

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FedEx tests home delivery of bulky goods for $9 billion online market

Bloomberg FedEx Corp is testing full-service residential delivery of bulky products, a $9 billion market that couriers had left to more traditional trucking companies because large items don’t fit well in their sorting operations. The service would be offered through FedEx’s freight business, which is a less-than-truckload operation geared more towards industrial shipments. Under a pilot project, FedEx is carrying ...

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Ford poised to announce alliance with Volkswagen

Bloomberg Ford Motor Co’s Jim Hackett isn’t pleased with how things are going at the automaker he took charge of a year and a half ago. To afford the costly overhaul he’s embarking on, he’s on the verge of broadening an alliance with Volkswagen AG. “I want to tell you, I’m not happy about Ford’s performance” in 2018, Hackett said ...

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