Amazon is suing an agency in Washington state to prevent the release of some company materials to The Washington Post.

UPS said it will cut the volumes it handles for Amazon by 50% going into the second half of 2026 as part of a plan to improve profitability at the parcel carrier. The news was announced during the ...

UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The issue is that there are few near-term catalysts to turn things around. Patient ...

US stocks struggled to make headway on Thursday as investors digested megacap tech earnings and waited for Apple (AAPL) ...

Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...

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

SEATTLE — Amazon has confirmed that it laid off a group of employees in the Communications and Corporate Responsibility ...

U.S. GDP growth slowed to 2.1% in Q4, with consumer and government spending offset by a decline in investment and rising ...

UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...

UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026. Here's what you need to know.