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Charities received $592.5 billion in donations in 2024, a 3.3% increase over 2023, after adjusting for inflation, according ...
A pilot program involving Kia Soul vehicles for Amazon deliveries is coming to an end, impacting hundreds of jobs at a New ...
Amazon had one wide release, a film that played in more than 2,000 theaters, in 2023 and five in 2024. This year Amazon has only four wide releases on the calendar so far, but the company is ...
Profit was $17.1 billion, up 64 percent. For the current quarter, which ends in June, Amazon told investors to expect sales of $159 billion to $164 billion, and for operating profits to shrink to ...
International-Business News: UPS is implementing significant changes, including cutting almost 20,000 jobs and closing 73 facilities, due to reduced demand from Amazon. Despite ex ...
The White House took aggressive aim at Amazon, which confirmed Tuesday it was considering displaying the added cost of President Donald Trump’s tariffs on certain items.
In 2018, for example, when the first Trump administration instituted tariffs on China, UPS saw its China-to-U.S. business decline, she said, but China to the rest of the world increase.
UPS plans to cut approximately 20,000 jobs and close 164 facilities in 2025, citing tariffs and economic conditions. The company aims to reduce its Amazon delivery volume by over 50% by June 2026.
UPS knew that overall revenues would decline in the short term, as they agreed to reduce their shipping volume from their biggest customer by 50% over a period of five years. Most of the Amazon ...
Kohl's is 'testing' ending Amazon returns. In 2017 Kohl's and Amazon began a partnership for customers to return Amazon goods at Kohl's stores. In 2019, that service was expanded to nearly every ...
U.S. union membership has been in steady decline. The portion of workers in a union dropped to 9.9% last year from 10% in 2023, according to the Bureau of Labor Statistics, and 11.1% a decade ago.
UPS to cut Amazon volume by more than 50% The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages. Published Jan. 31, 2025 ...