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 services,
It is not clear how many employees have been laid off but reports suggest that dozens of roles have been eliminated.
French-speaking Canadian province of Quebec.“Following a recent review of our Quebec operations, we’ve seen that returning to a third-party delivery model supported by local small businesses, similar to what we had until 2020,
Amazon has paused testing of its delivery drones following a crash involving two of those drones, according to Bloomberg.
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi
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 flagship Ark Innovation ETF (ARKK) has returned 9% this year as of Jan.
Two of Amazon's Seattle headquarters towers rise above the Spheres. (GeekWire File Photo /) Amazon laid off employees in its communications
Microsoft Corp. said its cloud-computing business will continue to grow slowly in the current quarter as the company struggles to build enough data centers to handle demand for its artificial intelligence products.
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 with signs of stagnant parcel shipment demand.
The UK government is considering overhauling the BBC licence fee, especially with streaming on the rise, as part of a bigger plan to secure the broadcaster’s future. With more people flocking to streaming,
US President Donald Trump is considering tighter restrictions on Nvidia's sale of AI chips to China following the recent repercussions caused by the release of DeepSeek’s R1 model. According to a Bloomberg report citing unnamed sources,
Intel (INTC) will report its fourth quarter earnings after the bell on Thursday, its first such announcement since the company ousted CEO Pat Gelsinger over frustrations with his enormous turnaround effort.