Ups Shares Tank 17 after Weak Guidance Plan to Slash Amazon Deliveries by More Than Half
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UPS shares tank 14% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.CNBC - 1h -
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by ...NBC News - 1h -
Ericsson Shares Slump as Earnings Hit by Weakness Outside of Core Networks Business
The company’s shares fell to the bottom of the Stoxx Europe 600 index as higher operating costs and weakness in some of its business units dented earnings.The Wall Street Journal - 6d -
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 agreement that would cut its business with Amazon.com Inc., its largest ...MarketWatch - 2h -
Microsoft shares slip on weak quarterly revenue guidance
Microsoft intends to address execution challenges in its key cloud unit, while continuing to endure supply constraints.CNBC - 21h -
Where the Gaza ceasefire stands after more than a week
A source familiar with the planning confirms to CBS News that Israeli Prime Minister Benjamin Netanyahu is planning to visit the U.S. as early as next week as the ceasefire deal with Hamas ...CBS News - 2d -
Chiefs went more than 2 months between turnovers, but cough it up vs. Bills
The Chiefs had a long streak without a turnover snapped.Yahoo Sports - 3d -
More than 140,000 homes still without power after Storm Éowyn
It could take up to 10 days for power to be restored to all of the affected properties, according to NIE.BBC News - 5d -
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday.NBC News - 5d -
Ericsson Shares Slump as Earnings Hit by Weakness Outside of Core Networks Business
The company’s shares fell to the bottom of the Stoxx Europe 600 index as higher operating costs and weakness in some of its business units dented earnings.The Wall Street Journal - 6d -
Ericsson Shares Slump as Earnings Hit by Weakness Outside of Core Networks Business
The company’s shares fell to the bottom of the Stoxx Europe 600 index as higher operating costs and weakness in some of its business units dented earnings.The Wall Street Journal - 6d -
Burberry shares jump 13% after better-than-expected quarterly sales
Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh efforts to revamp the beleaguered British fashion house.CNBC - 6d -
American Airlines’ weaker-than-expected guidance ‘not as negative’ as it appeared, says analyst
American Airlines cited “present demand trends” and fuel-price forecasts as it predicted a first-quarter loss.MarketWatch - Jan. 23 -
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.CNBC - Jan. 23 -
EA shares drop 7% after company lowers guidance due to weakness in soccer, other games
Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, its soccer franchise.CNBC - Jan. 22 -
Stellantis plans US investments worth more than $5bn
Proposed spending comes after carmaker’s chair met Donald Trump before his inaugurationFinancial Times - Jan. 22 -
Johnson & Johnson clears a few hurdles, but Wall Street focuses on weak guidance
Johnson & Johnson’s stock dropped more than 3% Wednesday after the medical-technology and drug company beat estimates for the fourth quarter but as lower sales guidance for the year stoked fears of ...MarketWatch - Jan. 22 -
Greek authorities say more than 170 migrants picked up as arrivals from Libya increase
Greek authorities say more than 170 migrants have been picked up from rickety boats in recent days with most found off the southern tip of the country in a route that appears to be increasingly ...ABC News - Jan. 22 -
Trump’s RTO Plans Could Slash Federal Employee Head Count
The threat of DOGE-led job cuts may get further backing as the president vows to require government staffers to work in person five days a week.Inc. - Jan. 20 -
Evacuations lifted for more than 1,000 after fire erupts in California battery storage plant
About 1,500 people were instructed to leave Moss Landing and the Elkhorn Slough area.NBC News - Jan. 18 -
More Than a Week After the Fires, Los Angeles Evacuees Remain in Limbo
Many neighborhoods are still off-limits to residents. Evacuees say they are increasingly frustrated and at a loss over what to do next.The New York Times - Jan. 17 -
Cuba releases a prominent dissident as part of plan to free more than 500 prisoners
Cuba has released prominent dissident José Daniel Ferrer from jail, as part of a Cuban government decision to gradually free more than 500 prisoners as part of talks with the VaticanABC News - Jan. 16 -
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.CNBC - Jan. 15 -
Trump Media shares jump more than 21% week before presidential inauguration
Tech companies and executives have donated to the Trump inaugural fund, including Google, Meta and Amazon, as well as OpenAI CEO Sam Altman.CNBC - Jan. 13 -
Inside Elon Musk’s Plan for DOGE to Slash Government Costs
Mr. Musk has turned to Silicon Valley to help recruit executives who will take up unofficial positions across the federal government.The New York Times - Jan. 13 -
VW's Scout has more than 50,000 EV reservations as automaker aims to grow U.S. share
LAS VEGAS — Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs, according to Volkswagen CEO Oliver Blume.NBC News - Jan. 9 -
VW's Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share
Volkswagen, which revived the old American brand, said Scout is part of its plan to grow its market share in the U.S.CNBC - Jan. 8 -
Shares of California utility Edison International drop more than 10% as wildfires rage
Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly ...NBC News - Jan. 8 -
U.S. transfers 11 Guantanamo detainees to Yemen after more than two decades without charge
The Pentagon said Monday it had transferred 11 Yemeni men to Oman this week after holding them for more than two decades without charge at the U.S. naval base in Guantanamo Bay, Cuba.NBC News - Jan. 7 -
Next Ups Guidance After Strong Christmas
Next lifted its fiscal-year outlook after Christmas sales were better than expected but said U.K. growth is likely to slow, as higher employer tax costs begin to filter through into the economy.The Wall Street Journal - Jan. 7 -
Here's why one of our favorite industrial stocks is up more than 3% Friday
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Jan. 3 -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - Jan. 3 -
New Orleans is ‘more secure than it’s ever, ever been’ after attack, says Louisiana AG
Louisiana Attorney General Liz Murrill joins Meet the Press NOW to provide the latest on the investigation into the New Orleans terror attack, and an update on security in the city.NBC News - Jan. 2 -
Tesla shares fall as company reports first decline in annual deliveries
Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker. Tesla reported its first decline in annual deliveries on Thursday, as the automaker ...The Guardian - Jan. 2 -
Brazil's Amazon saw highest number of fires in 17 years: agency
Yahoo News - Jan. 1
