Winter storms hurt FedEx third-quarter results, shares fall
Reuters: FedEx Corp., the world's No. 2 package delivery company, posted lower-than-expected results on Wednesday and forecast a weaker full-year profit view, saying it was significantly hurt by winter storms.
BMW eyes U.S. production hike in push for sales record
Reuters: German luxury automaker BMW Group is looking at raising production capacity at its plant in the United States and releasing 12 new models as it chases record sales and a rise in pretax profit of up to 10 percent this year. BMW's plant in Spartanburg, S.C., which makes sport utility vehicles, is being readied to increase its an annual production capacity by 50,000 vehicles.
White House to introduce climate data website
New York Times: President Obama wants Americans to see how climate change will remake their own backyards - and to make it as easy as opening a Web-based app. As part of its effort to make the public see global warming as a tangible, immediate and urgent problem, the White House on Wednesday will inaugurate a website aimed at turning scientific data about projected droughts and wildfires and the rise in sea levels into eye-catching digital presentations that can be mapped using an app.