The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
Amazon may have started in retail, but its biggest profits now come from advertising and cloud computing, with rivals ramping ...
Some 300 workers at an Amazon-owned Whole Foods store in Philadelphia have voted to unionize, mirroring a pro-union shift in ...
Move to scale back business with Amazon.com will allow the courier to focus on more profitable shipments. Read more at ...
Amazon has tapped Whole Foods CEO Jason Buechel to oversee its sprawling grocery business, the company announced Monday.
Amazon has increased its ad spending on Elon Musk's X platform in a reversal from its previous decision to remove ads over ...
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
Shares of Amazon (AMZN 1.30%) were up 44% in 2024, handily outpacing the 23% return for the S&P 500. And as far as I'm ...
Analyst re-assesses Amazon stock ahead of Q4 2024 report, noting overvaluation and market-like returns expected.
UPS on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon — a move that will ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...