Bloomberg Business

FedEx to Use Olympic-Style Rankings to Weed Out Delivery Contractors

FedEx Corp. is rolling out a new system for evaluating its delivery contractors that rank them like Olympic medal winners, and those designated as the lowest-ranked “bronze” will be more likely to lose their service areas, according to a company memo.

Deutsche Bank Settlement on Epstein Oversight to Be Approved

A judge said he would approve Deutsche Bank AG’s $26.3 million settlement of a lawsuit that accused the bank of misleading investors about how thoroughly it vetted clients, including Jeffrey Epstein and Russian tycoons.

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