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To win business from competitors in the international-package-delivery sector, FedEx Corp. has taken delivery of six Boeing 777 jets and will buy six more over the next 12 months. FedEx plans to spend $3.2 billion on planes and facility improvements in the current fiscal year.

FedEx Corp.'s second-quarter profit fell 30% to $345 million from $493 million a year earlier. Revenue dropped 9.9% to $8.6 billion. For the third quarter, the shipping company expects per-share earnings of between 50 cents and 70 cents. Full-year per-share earnings will be in the range of $3.45 to $3.75. FedEx also said it would lift its freeze on salary increases.

As part of a cost-reduction program, Fidelity Investments plans to reduce its workforce in November by 3% -about 1,300 jobs- and conduct a second round of layoffs early next year. It is estimated that Fidelity, which has $1.24 trillion in mutual fund assets, had net redemptions of $5.8 billion in October fueled by investor concerns over the state the mutual fund industry.

Byline: JENNIFER LEVITZ AND LIZ RAPPAPORT; WALL STREET JOURNAL STAFF With allegations of wrongdoing over its sales of auction-rate securities mounting, UBS AG has agreed to buy back nearly $19-billion [...]

French company Schneider Electric S.A. is acquiring American Power Conversion Corp. for $6.1 billion. Both companies manufacture equipment that helps corporations withstand power outages. There is a growing demand from corporations for power outage protection, to protect computerized data.

Byline: Jennifer Levitz WEST WARWICK, R.I. _ Al Prudhomme, a mechanic, went home and took a shower. It was time to go to his second job. His second job, but [...]

Byline: Jennifer Levitz ALLENTOWN, Pa._Two van loads of survivors of the Rhode Island nightclub fire descended on Allentown two nights ago to face Jack Russell, whose band Great White set […]

Byline: Jennifer Levitz ALLENTOWN, Pa. _ She found him 277 miles from Rhode Island, in a barroom between a bus terminal and a homeless shelter. She recognized the strings of […]

Byline: Jennifer Levitz PROVIDENCE, R.I. _ On a humid June night, at a church hall in Providence, R.I., Boy Scout Troop 28 welcomes a distinguished guest to its Eagle Court […]

Byline: Jennifer Levitz WEST WARWICK, R.I. _ A fireworks display exploded into flames at a small town nightclub killing at least 96 people, injuring another 180, and turning a simple […]

PROVIDENCE, R.I. _ Charles Ward was charged more than two years ago with robbery. The police said he had held up convenience stores. He was booked into the state prison's […]

PAWTUCKET, R.I. _ Once, during a family cookout in the back yard of his Pawtucket ranch, Robert Benetti joked with his father about taking a swim in the pool. His […]

PROVIDENCE, R.I. _ While Roman Catholic Bishop Robert E. Mulvee prepares for a national bishops' conference aimed at contrition and future sexual-abuse policies, lawyers for 38 people suing the Diocese […]

PROVIDENCE, R.I. _ Easter lilies and varnish scent the sanctuary of the Holy Name of Jesus Church, polished for the springtime bloom of baptisms and First Communions. Silence fills the […]

BOSTON _ The theme of the church service rings of patriotism, but it is a message tailored to parishioners who wear tiny pins in the shape of wings, pray amid […]

PROVIDENCE, R.I. _ Beth Perfetto started having nightmares the week before her company was going to send her on a business trip to Las Vegas. Her heart raced; her emotions […]

Last week Canadian Prime Minister Jean Chretien declared that his country had become an aggressive international partner in the war on terrorism, and announced a $250-million plan to "disable and […]

MONTREAL _ Three days after terrorists attacked the United States, Canada held its first National Day of Mourning since 1967, an honor traditionally reserved for reigning monarchs. Flowers lined a […]

The hatred of America is not just a sentiment; it's a passion. And it's a business. It thrives in a netherworld of Web sites, "anti-imperialist" rallies, anti-U.S. leaflets, and lectures […]

PROVIDENCE, R.I. _ Oh Danny Boy, oh Danny Boy. I love you so. But maybe after Mass. The Catholic community in Rhode Island is in the midst of a debate […]

PROVIDENCE, R.I. _ Black and Latino males hear it early on, from rappers to preachers in a culture where masculinity is king. Homosexuality is a white man's world. It is […]

PROVIDENCE, R.I. _ The night is young. It's younger than it should be as teenagers step into the bar scene with the time machine that fits in your wallet: a […]

TORONTO _ It was one country over, but a world of difference. A young man put on the crisp khaki shirt with the maple-leaf insignia and tiny Scouts Canada patch […]

PROVIDENCE, R.I. _ A father who lost his family to fire walked a familiar cadence Saturday. For the second time in two weeks, the Rev. Morris Griffin spoke to his […]

PROVIDENCE, R.I. _ Isis is the Egyptian goddess known for her veiled beauty and her power. She molded a serpent from soil. She raised her husband from the dead. Now […]

PROVIDENCE, R.I. _ Boy Scout Troop 28 sleeps outdoors in winter and hikes Mount Washington in sleet. But it might be facing its roughest venture yet: Bucking a Boy Scouts […]

PROVIDENCE, R.I. _ For a mostly ivory tower that's looking to become more diverse, the photo in the Providence College recruitment catalog was a prize: a young black man relaxing […]

PAWTUCKET, R.I. _ It is 5:18 a.m. in a dark parking lot just off the highway and a tall, gaunt man dressed in black is looking for his fix: endorphins. […]

PROVIDENCE, R.I. _ Relatives of passengers on a TWA jet that plunged into the Atlantic Ocean four years ago can find reason in an airplane hangar in Calverton, N.Y. It […]

PROVIDENCE, R.I. _ He collected wisdom in the 29 years that he rose from a night security guard at the Community College of Rhode Island to one of the most […]

PROVIDENCE, R.I. _ There's a lot of money riding on the question. What should the Rhode Island commemorative quarter look like? Gov. Lincoln Almond is asking residents to decide with […]

Mutual fund companies are trying novel ways to convince people in their 20's to inves t in 401(k) plans because they are going to need their cash when the baby boomers start to retire.

Network security administrators are finding that laptop theft is the weak link in their efforts to prevent information from escaping.