JianGang Wang/iStock Unreleased via Getty Images FedEx ( FDX ) plans to launch a same-day shipping program with last-mile delivery company OneRail, according to CNBC. The partnership is just the latest development in the battle to deliver packages to customers from retailers faster. OneRail is a logistics technology company that provides an AI-driven, last-mile delivery orchestration platform for ...
JianGang Wang/iStock Unreleased via Getty Images FedEx ( FDX ) plans to launch a same-day shipping program with last-mile delivery company OneRail, according to CNBC. The partnership is just the latest development in the battle to deliver packages to customers from retailers faster. OneRail is a logistics technology company that provides an AI-driven, last-mile delivery orchestration platform for enterprise shippers, especially in retail, grocery, healthcare, and 3PL. The Orlando-based company offers an omnichannel fulfillment and last-mile delivery platform (OmniPoint) that automates carrier selection, routing, and mode choice (same-day, next-day, etc.) based on order data, rates, capacity, and historical performance. OneRail covers nearly 99% of the U.S. and has a network of more than 1,000 delivery drivers. The new partnership will see FedEx ( FDX ) be able to use OneRail's technology to allow retailers to offer same-day shipping, in part by utilizing the retailer's store network. Importantly, customers will be able to choose more precise delivery windows, including two-hour and end-of-day service. FedEx ( FDX ) Senior VP Jason Brenner said the new partnership means customers could have a definite by-end-of-day option. "Our value prop is about speed, reliability, and visibility, and we’re always trying to push the envelope on that value prop," he stated. Looking ahead, FedEx ( FDX ) plans to spin off its FedEx Freight less-than-truckload unit into an independent, publicly traded company, with completion targeted for June 1. The move is intended to unlock shareholder value and let both FedEx Corp. ( FDX ) and FedEx Freight pursue more focused strategies tailored to parcel and LTL markets, respectively. Shares of FedEx ( FDX ) are up 23.2% on a year-to-date basis. More on FedEx FedEx: A Strong Q3, But A Rich Valuation FedEx Corporation 2026 Q3 - Results - Earnings Call Presentation FedEx Corporation (FDX) Q3 2026 Earnings Call Transcript Earnings scoreboard: 6 out ...
Heat pump installer Richard Wilkins from Lotus Energy, screws in pipes to a Vaillant aroTHERM plus heat pump, that is being installed in a residential property in Farnham, Surrey, southwest of London, on June 2, 2025. Justin Tallis | Afp | Getty Images The U.K. government on Tuesday introduced new rules requiring developers to install heat pumps and solar panels in all new homes across England, in...
Heat pump installer Richard Wilkins from Lotus Energy, screws in pipes to a Vaillant aroTHERM plus heat pump, that is being installed in a residential property in Farnham, Surrey, southwest of London, on June 2, 2025. Justin Tallis | Afp | Getty Images The U.K. government on Tuesday introduced new rules requiring developers to install heat pumps and solar panels in all new homes across England, in policymakers' latest response to the economic fallout of the Iran conflict. U.K. ministers say the Iran war and the largest supply disruption in the history of the oil market reinforces the need to leverage clean power as an energy security tool. The Future Homes Standard — a set of new-build regulations for England from 2028 — will establish requirements to ensure homes are built with on-site renewable electricity generation, the majority of which is expected to be provided by solar power. The rules will also see homes built with low-carbon heating, such as heat pumps and heat networks. The government added that plug-in solar panels, which homeowners can install on balconies, would be available within shops over the coming months. "The Iran War has once again shown our drive for clean power is essential for our energy security so we can escape the grip of fossil fuel markets we don't control," Britain's Energy Secretary Ed Miliband said in a statement. "Whether through solar panels fitted as standard on new homes or making it possible for people to purchase plug-in solar in shops, we are determined to roll out clean power so we can give our country energy sovereignty," he added. Secretary of State for Energy Security and Net Zero Ed Miliband arrives in Downing Street to attend a meeting of Cabinet ahead of the Spring Statement announcement in London, United Kingdom on March 03, 2026. Wiktor Szymanowicz | Future Publishing | Getty Images The guidance was broadly welcomed by energy industry players, while some campaigners called on the U.K. government to go further to reduc...
Our cartoonist on the master beating the apprentice as Manchester City got one over Arsenal at Wembley Buy a cartoon | David’s favourite works of 2025 And his latest book, Chaos in the Box: get it now Continue reading...
Our cartoonist on the master beating the apprentice as Manchester City got one over Arsenal at Wembley Buy a cartoon | David’s favourite works of 2025 And his latest book, Chaos in the Box: get it now Continue reading...
A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Moody's Ratings on Monday downgraded a private credit fund run by KKR and Future Standard to junk amid rising bad loans and a string of weak earnings. The ratings firm lowered the debt ratings of FS KKR Capital Corp by one notch to Ba1 from Baa3 — pushing it into "junk" territory — saying ...
A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Moody's Ratings on Monday downgraded a private credit fund run by KKR and Future Standard to junk amid rising bad loans and a string of weak earnings. The ratings firm lowered the debt ratings of FS KKR Capital Corp by one notch to Ba1 from Baa3 — pushing it into "junk" territory — saying that the fund's underlying asset quality had worsened more than its peers. Non-accrual loans, meaning borrowers who have stopped making payments, rose to 5.5% of total investments at the end of 2025, one of the highest rates among rated BDCs, according to the report. "The downgrade reflects FSK's continued asset quality challenges, which have resulted in weaker profitability and greater net asset value erosion over time relative to business development company (BDC) peers," Moody's said. The move by Moody's is the latest sign of distress in the private credit world. Retail investors have been rushing to withdraw funds, running into gates amid concerns about upcoming credit losses, especially related to software loans. Funds like FS KKR issue debt to help juice returns, so the Moody's downgrade could increase its borrowing costs and, therefore, lower future returns. Moody's also flagged other aspects of the fund that could expose it to greater losses over time, including higher leverage, a higher proportion of payment-in-kind loans, and a lower percentage of first-lien loans than peers. FS KKR posted a net loss of $114 million in the fourth quarter alone and earned just $11 million in net income for all of 2025, according to Moody's. The fund didn't immediately return a request for comment. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
patpitchaya/iStock via Getty Images Market Environment The bond market delivered a solid total return with low volatility in the fourth quarter, closing out a generally positive year for the asset class. Fixed-income assets remained supported by a backdrop of slow but positive economic growth, an annualized inflation rate that largely held below 3%, and accommodative US Federal Reserve (Fed) polic...
patpitchaya/iStock via Getty Images Market Environment The bond market delivered a solid total return with low volatility in the fourth quarter, closing out a generally positive year for the asset class. Fixed-income assets remained supported by a backdrop of slow but positive economic growth, an annualized inflation rate that largely held below 3%, and accommodative US Federal Reserve (Fed) policy. The Fed enacted two-quarter point interest rate cuts and announced the end of its multi-year effort to reduce the size of its balance sheet. Additionally, investors appeared to anticipate that the Fed was likely to continue easing in 2026. These developments, in combination, fueled positive returns across all major segments of the market. Performance Review The Fund underperformed its benchmark during the quarter, 1.06% (IS share class) vs. 1.16%. An overweight allocation to High Yield Corporates was additive to performance, as was Investment Grade Corporates. A US Treasury underweight was a drag on performance for the quarter. Overall, strategy risks for the Fund declined during the quarter. Corporate bond risk declined slightly and remains near 50% of risk budget. While spreads widened during the quarter they remain narrow and the investment grade risk premium is also at the low end of the range. Lack of bottom-up opportunities heading into year-end provided the team room to reduce risk. Commercial mortgage-backed securities (CMBS) risk continues to be allocated in the lower half of our risk budget. Asset-Backed Securities (ABS) risk remained steady, using about one-third of risk budget. Contributors Security name Period return Portfolio impact BREX 2024-1 A1 144A 6.05 USD 07/15/2027 +1.20% +1.0 bps CAIXABANK SA 144A W/O RTS 4.634 USD 07/03/2029 +1.45% +1.0 bps CARNIVAL CORP USD 144A W/O RTS 5.75 USD 03/15/2030 +2.20% +1.0 bps FHMS K531 AS 4.53858 USD 09/25/2029 +1.24% +1.0 bps GSMS 2012-BWTR A 144A 2.954 USD 11/05/2034 +3.36% +1.0 bps Click to enlarge Country/Sector P...
G. Willi-Food press release ( WILC ): FY GAAP EPS of $2.04. Revenue of $191.41M (+6.0% Y/Y). Cash and cash equivalents balance of NIS 124.2 million (US$ 38.9 million) as of December 31, 2025. More on G. Willi-Food Financial information for G. Willi-Food
G. Willi-Food press release ( WILC ): FY GAAP EPS of $2.04. Revenue of $191.41M (+6.0% Y/Y). Cash and cash equivalents balance of NIS 124.2 million (US$ 38.9 million) as of December 31, 2025. More on G. Willi-Food Financial information for G. Willi-Food