WEB­SITES TOUT SPEEDY HOL­I­DAY SHIP­PING DEALS

The Denver Post - - BUSINESS - The As­so­ci­ated Press

Pro­cras­ti­nat­ing hol­i­day shop­pers are find­ing a haven on­line as re­tail­ers ramp up ex­pe­dited ship­ping and same-day de­liv­ery ser­vices.

Ama­zon is of­fer­ing a “Pro­cras­ti­na­tor’s De­light” spe­cial. Cloth­ing re­tailer Madewell pro­claims on its web­site that “pro­cras­ti­na­tors get the best deals” — 25 per­cent off ev­ery­thing.

It’s a far cry from 2013, when Ama­zon and oth­ers mis­judged de­mand and de­liv­ered some hol­i­day pack­ages af­ter Christmas. Since then, com­pa­nies have amped up ef­forts to get pack­ages de­liv­ered on time. Pack­age car­ri­ers such as FedEx and UPS have in­creased staffing and hired out­side con­trac­tors for the hol­i­day sea­son.

U.S. probes com­plaints of en­gine fires in tiny Smart cars. U.S. safety

reg­u­la­tors are re­view­ing eight com­plaints that the en­gines in tiny Smart Fortwo cars can catch fire.

The in­ves­ti­ga­tion by the Na­tional High­way Traf­fic Safety Ad­min­is­tra­tion cov­ers about 43,000 of the two-seat cars from the 2008 and 2009 model years.

The agency said in doc­u­ments posted Tues­day that in six cases, own­ers saw smoke or the “check en­gine” light or heard an un­usual noise be­fore see­ing flames. The other two fires weren’t ob­served un­til the cars were stopped. All eight own­ers told the agency that flames rapidly en­gulfed the cars. No in­juries have been re­ported.

Euro slips fur­ther to­ward one-to-one with dol­lar. The dol­lar’s up­ward

march has sent the euro cur­rency to its low­est level in 14 years, eas­ing the fi­nan­cial pres­sure on trav­el­ing Amer­i­cans but giv­ing Euro­pean ex­porters a boost.

The euro, used by 19 coun­tries, fell as low as $1.0352 on Tues­day, which is its low­est level since early 2003.

A ma­jor fac­tor has been the prospect of more in­ter­est rate hikes by the U.S. Fed­eral Re­serve fol­low­ing a quar­ter-point in­crease in its bench­mark rate last week. Higher in­ter­est rates in the U.S. in­crease re­turns on dol­lar in­vest­ments and spur cur­rency de­mand.

Gov’t probes roll­away is­sue like one blamed in Yelchin death. The U.S.

auto safety agency has opened an in­ves­ti­ga­tion into com­plaints that an­other 1 mil­lion Fiat Chrysler ve­hi­cles can roll away af­ter the own­ers shift trans­mis­sions into park, a prob­lem sim­i­lar to the one be­ing blamed in the death of Star Trek ac­tor An­ton Yelchin.

The in­ves­ti­ga­tion by the Na­tional High­way Traf­fic Safety Ad­min­is­tra­tion cov­ers Fiat Chrysler’s top-sell­ing ve­hi­cle, the Ram 1500 pickup, from the 2013 to 2016 model years, as well as the 2014 to 2016 Dodge Du­rango SUV.

FedEx earn­ings miss ex­pec­ta­tions as ex­penses rise. FedEx re­ported sec­ond-quar­ter

earn­ings that missed Wall Street ex­pec­ta­tions as the ship­ping com­pany’s ex­penses soared.

FedEx re­ported net in­come of $700 mil­lion, or $2.59 per share, for the most re­cent quar­ter. Earn­ings, ad­justed to re­move the costs re­lated to its re­cent ac­qui­si­tion of TNT Ex­press, were $2.80 per share. That’s far be­low the $2.91 per share that an­a­lysts ex­pected, ac­cord­ing to Fac­tSet.

Rev­enue rose 20 per­cent to $14.93 bil­lion, beat­ing the $14.91 bil­lion that an­a­lysts ex­pected.

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