SLOWER GROWTH: FedEx says slow global growth will crimp its earnings over the next 12 months, but it will offset any shortfall by cutting costs.

DITCHING PLANES: The world’s second-largest package delivery company reported lower earnings for the fiscal fourth quarter. The bottom line was affected by a charge for retiring planes. The company is getting rid of some aircraft to slim down its express network. That’s because more customers are choosing slower shipping to save money.