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

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

United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...

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

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For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for sales of $94.9 bi ...

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 ...

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

For the quarter, Intel reported earnings per share (EPS) of $0.13 on revenue of $14.3 billion. Analysts were anticipating EPS of $0.12 on revenue of $13.8 billion. The company saw EPS of $0.54 and $15 ...

Intel is currently being led by co-CEOs David Zinsner, who also serves as CFO, and Michelle Johnston Holthaus, who is also ...