United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.
MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
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.
Amazon.com Inc.’s Whole Foods Market chief has been tapped to run the retail giant’s entire grocery business. Jason Buechel will become the vice president of worldwide grocery stores, Amazon retail chief Doug Herrington said in a note to employees,
United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year.
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,
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.
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,
Amazon.com Inc. está despidiendo a docenas de personas de su departamento de comunicaciones, el último recorte de la fuerza laboral corporativa en medio de los esfuerzos de los ejecutivos por reducir costos y disminuir la burocracia.