UPS to cut its Amazon business by more than 50%. Here’s why.

• 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
• 

  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

• 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

More from MarketWatch

• ‘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 - 39m

• 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 - 39m

• Visa gives rosy guidance as spending growth improves

  Visa saw 9% growth in spending volume during the December quarter versus 8% in the September quarter.
  
  MarketWatch - 44m

• ‘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 - 45m

• ‘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?

  “I have $150,000 left on my mortgage with 7.3% interest.”
  
  MarketWatch - 59m

More in Business

• Apple shares rise 3% 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 - 8m

• FDA approves Vertex’s non-opioid painkiller, first new kind of pain medicine in decades

  The Vertex drug is a milestone after a long history of unsuccessful efforts to develop painkillers without the addictive potential of opioids.
  
  CNBC - 13m
• 

  RFK Jr. Says He Won’t Keep Financial Stake in HPV Vaccine Lawsuits

  Senators had objected to the financial conflict posed by Robert F. Kennedy Jr.’s decision to retain a financial stake in lawsuits against a major drug company. It remains unclear whether any ...
  
  The New York Times - 18m

• 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 - 20m

• 67 believed dead after American Airlines plane collides with Army helicopter

  An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.
  
  CNBC - 28m