Microsoft was one of the strongest forces lifting the market after rising 2%. That sent the company’s total value on Wall ...
UPS shares soared after the shipping giant reported better-than-expected third-quarter results, the latest indication that the company's turnaround efforts are bearing fruit.
Others cite corporate restructuring more broadly — or, as seen with big names like Amazon, are redirecting money to ...
The shipping and logistics giant is the latest company to announce massive corporate profits alongside job cuts.
United Parcel Service posted third-quarter results that handily beat Wall Street’s expectations and gave details about its ...
The AI-related layoffs at Amazon and some other firms reflect a "hollowing out of middle-skilled workers," Lynn Wu, a ...
Delivery company United Parcel Service reported higher-than-expected earnings but bigger job cuts in its business turnaround ...
Major U.S. equities indexes climbed to fresh highs Tuesday in the wake of strong corporate earnings and as the Federal Reserve's two-day meeting kicked off.
In April, UPS announced that it was looking to slash about 20,000 jobs and close more than 70 facilities as it drastically ...
The company disclosed that through September, it had reduced its workforce by 34,000 employees, which represented 6.9% of the approximately 490,000 employees it had at the end of 2024. UPS also closed ...
For the third quarter of 2025, GAAP results include a net charge of $164 million, or $0.19 per diluted share, comprised of ...
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