UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Elon Musk says DOGE works 120 hours a week to cut costs as he brings ‘hardcore’ work culture to government
The Tesla and SpaceX founder took the helm at the new task force just two weeks ago, running an office in the Eisenhower Executive Office Building that aims to slash federal spending by as much as ...
CNN plans to lay off hundreds of employees, cut costs; NBC plots firings
The job cuts come as CNN looks to rearrange its linear TV lineup and building out digital subscription products.
Aussie discretionary retailers hit third straight record on rate cut hopes
Australian discretionary retailers hit a record for the third straight session on Thursday, after cooling inflation data ...