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UPS job cuts affect 20,000 workers and close 73 stores as Amazon deliveries drop and Q1 earnings reflect the change.

The bottom line: We are now anticipating a tariff-induced US economic slowdown. As a result, we are incrementally tempering our 2025 and 2026 revenue and margin assumptions for wide-moat UPS and ...

Wall Street sifted through a rush of earnings reports and economic data, while a much-needed tariff reprieve for automakers ...

At 4:00 PM ET (21:00 GMT), the Dow Jones Industrial Average gained 300 points, or 0.8%, while the S&P 500 index gained 0.6%, and the NASDAQ Composite gained 0.6%. U.S. President Donald Trump, who is ...

United Parcel Service (UPS) is delivering bad news instead of packages for 20,000 of its workers. The company announced on ...

The White House has retreated several times on the sweeping tariffs Trump instituted in early April that unleashed a wave of ...

UPS reports that small companies can’t afford to stock up and are at the back of the line for supply alternatives.

As UPS reconfigured its network in connection with the Amazon volume losses, UPS said it would reduce its workforce by about 4%, or by about 20,000 employees. The company said it will also close 73 ...

CEO Carol Tome says that US-China trade lines are its most profitable trade lanes internationally.

At 10:01 a.m. ET, the Dow Jones Industrial Average rose 113.62 points, or 0.28%, to 40,341.21, the S&P 500 lost 4.50 points, ...