Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...
Two of Amazon's Seattle headquarters towers rise above the Spheres. (GeekWire File Photo /) Amazon laid off employees in its ...
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
Investors believe DeepSeek’s AI debut will not impact the Magnificent Seven companies, with 88% of respondents expecting minimal effects on the S&P 500. The survey highlights President Trump’s ...
Making richer viewers pay more and a 'Netflix tax' are among ideas being considered for reform of the BBC levy - which is ...
Goldman Sachs Group Inc. has partnered with Dallas-based real estate firm Dalfen Industrial LLC to purchase nearly $300 million worth of warehouses from Blackstone Inc.
The world’s 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined US$108 billion on Monday as a ...
It is not clear how many employees have been laid off but reports suggest that dozens of roles have been eliminated.
For the quarter, Intel reported earnings per share (EPS) of $0.13 on revenue of $14.3 billion. Analysts were anticipating EPS of $0.12 on revenue of $13.8 billion. The company saw EPS of $0.54 and $15 ...
presenting a new foothold for organized labor within parent-company Amazon.com Inc. The workers voted 130-100 in favor of the union on Monday. Union advocates said they want higher wages ...