Thousands of people waited in queue for over nine hours to pay their respects to Queen Elizabeth II at Westminster Hall. The good news for those waiting in line was that there were 500 port-a-potties available – so no wait for the loo. Additionally, 1,000 people had been assigned to keep the line orderly and 30 clergy members from different religions were on hand to chat with those waiting.
“Global volumes declined as macroeconomic trends significantly worsened later in the quarter.”
A statement like this from a regular business may not seem significant. However, FedEx—the shipping behemoth that is seen as a bellwether for the US economy—issued it. So not only are FedEx's problems bad for FedEx (its stock fell 17% in late trading), they're also likely to send investors skittering across numerous sectors. In fact, former Fed Chairman Alan Greenspan used to have weekly talks with former FedEx CEO Fred Smith to track the country's health.
Hear from the last person standing in the floppy disk business. (AIGA Eye on Design)