UPS to cut its Amazon business by more than 50%. Here’s why.
Read more at MarketWatch
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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 -
Egg prices are likely to shoot up even more in 2025. Here's why.
The humble egg is now a source of frustration for millions of shoppers around the U.S, who face soaring prices and shortages. What's going on?CBS News - 1d -
More than 50 career civil servants at USAID are placed on administrative leave
The action targeted senior leadership across the agency, including top lawyers, three sources told NBC News.NBC News - 2d -
More than 50 subreddits ban X links to protest Elon Musk
The cascade of link bans on Reddit came after Musk made a hand gesture at a Monday rally that many compared to a Nazi salute.NBC News - Jan. 23 -
Trump expected to sign more than 50 executive orders Monday
Donald Trump plans to sign more than 50 executive orders Monday — and possibly more than 100 of them — on the first day of his second presidency, according to a person in his transition operation.NBC News - Jan. 19 -
Strong Job Market Could Prove Costly for Homebuyers and Businesses. Here’s Why
The job market has shown resilience with unemployment falling to 4.1 percent last month.Inc. - Jan. 10 -
Amazon aims to expand advertising business by letting retailers use its ad tools on their stores
Amazon Retail Ad Service will allow sites to show "contextually relevant ads in the right place and at the right time" in search results, the company said.CNBC - Jan. 9 -
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
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‘My mother-in-law has done some shady stuff’: She wants to sell air rights to her home and cheated her grandchildren out of their inheritance
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The latest step in Walgreens’ turnaround is a blow to investors
Walgreens has struggled as foot traffic at its stores dwindle and pharmacy business faces slimmer reimbursement rates on prescription drugs.MarketWatch - 16m -
Visa gives rosy guidance as spending growth improves
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‘I thought about filing for conservatorship’: I bought a home with my elderly parents. They reneged on their promise to sell their house and repay me. What now?
“The agreement was that, as soon as they sold their home, they would refinance the mortgage.”MarketWatch - 22m -
‘I have a new lease on life’: I sold my business for $130,000. It’s the first time I’m not living paycheck to paycheck. What should I do with this money?
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More in Business
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Intel issues weak forecast, but beats on fourth-quarter results
Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.CNBC - 13m -
‘My mother-in-law has done some shady stuff’: She wants to sell air rights to her home and cheated her grandchildren out of their inheritance
“She also was supposed to give each grandchild $5,000 when her father died and another $5,000 when her mom passed. That didn’t happen.”MarketWatch - 16m -
The latest step in Walgreens’ turnaround is a blow to investors
Walgreens has struggled as foot traffic at its stores dwindle and pharmacy business faces slimmer reimbursement rates on prescription drugs.MarketWatch - 16m -
Apple shares rise as boost in services revenue overshadows iPhone miss
Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.CNBC - 18m -
Starbucks and Workers United Union Agree to Contract Mediation
A labor agreement, covering more than 500 U.S. stores, would be the company’s first. Talks stalled last year over wages.The New York Times - 20m