FedEx says economy stalling, cuts outlook  FedEx Corp. said
Tuesday, Sept. 18, 2012, that FedEx Corp. said Tuesday, Sept.
18, 2012, that the global economy is worsening and it's cutting
its forecast for the fiscal year ending next May. The company's
express division is being most affected as business slows down
globally. This truck is in San Francisco. Photo Credit: Getty
Images, 2008  advertisement | advertise on newsday  FedEx Corp.,
considered an economic bellwether, says the global economy is
stalling, and it's going to get worse next year.  The conditions
are shrinking earnings at the world's second-largest package
delivery company. Factories are making fewer items for FedEx to
ship, and customers are opting for cheaper delivery options to
save money.  advertisement | advertise on newsday  FedEx Tuesday
cut its outlook for global growth and industrial production
while slashing the forecast for company earnings. And CEO Fred
Smith suggested trade has slowed to levels seen in the last two
significant econo