Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.

Two of Amazon's Seattle headquarters towers rise above the Spheres. (GeekWire File Photo /) Amazon laid off employees in its ...

United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...

Amazon.com Inc. UPS’ core parcel operations have endured a prolonged demand trough as package volumes have fallen from pandemic-era peaks. Some customers also have traded down from premium to economy ...

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

Goldman Sachs Group Inc. has partnered with Dallas-based real estate firm Dalfen Industrial LLC to purchase nearly $300 ...

It is not clear how many employees have been laid off but reports suggest that dozens of roles have been eliminated.

Intel is currently being led by co-CEOs David Zinsner, who also serves as CFO, and Michelle Johnston Holthaus, who is also ...

Making richer viewers pay more and a 'Netflix tax' are among ideas being considered for reform of the BBC levy - which is ...

Investing.com - UPS' revenue guidance for the 2025 fiscal year missed analysts' estimates, while the shipping giant also announced a multi-year drive to restructure its key U.S. network as it contends ...

Cathie Wood, chief of Ark Investment Management, believes in tech stocks that will have a disruptive impact. She isn’t afraid to buy them on the way down — or up. Sometimes her strategy works: The ...

Investment management company Maran Capital Management recently released its fourth-quarter 2024 investor letter. A copy of ...