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McGraw-Hill Cos. said company President Harold McGraw III has been named the new chief executive of the publishing and financial services firm. McGraw succeeds Joseph Dionne, who will remain chairman. Dionne, who turns 65 this year, is stepping down as CEO after 15 years. McGraw, 49, is the great-grandson of James H. McGraw, who founded the company in 1888. . . . Memphis-based Federal Express Corp. said it has changed its name to FDX Corp. following the completion of its $2.25-billion purchase of trucking company Caliber System Inc.

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