Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.

United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...

Two of Amazon's Seattle headquarters towers rise above the Spheres. (GeekWire File Photo /) Amazon laid off employees in its ...

Amazon is cutting dozens of jobs in its communications unit in an effort to cut costs, Bloomberg’s Spencer Soper and Vinicy Chan report.

Making richer viewers pay more and a 'Netflix tax' are among ideas being considered for reform of the BBC levy - which is ...

The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...

New financials from X show growth in the last quarter of 2024. News of several large advertisers returning the the platform ...

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

It is not clear how many employees have been laid off but reports suggest that dozens of roles have been eliminated.

The world’s 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined US$108 billion on Monday as a ...

Investors believe DeepSeek’s AI debut will not impact the Magnificent Seven companies, with 88% of respondents expecting minimal effects on the S&P 500. The survey highlights President Trump’s ...

Goldman Sachs Group Inc. has partnered with Dallas-based real estate firm Dalfen Industrial LLC to purchase nearly $300 million worth of warehouses from Blackstone Inc.