Molly Smith

Government, Business, Logistics

GM Strike Seen Forcing Credit Firms to Mull Action

General Motors Brittany Greeson/Bloomberg News

The United Auto Workers union’s strike against General Motors Co. may force credit raters to take action and move the company closer to junk status, according to Bloomberg Intelligence.

Molly Smith | Bloomberg News
October 9, 2019
Business, Logistics

FedEx to Borrow $1.5 Billion for Contribution to Pension Plan After Tax Changes

Victor J. Blue/Bloomberg News

FedEx Corp. is borrowing $1.5 billion to fund a contribution to its pension plan that it announced after the passage of U.S. tax law changes.

Molly Smith | Bloomberg News
January 29, 2018