The online giant bought a mysterious chip startup 10 years ago. It now looks like one of the smartest deals in tech history.

UPS plans to shed about 20,000 front-line positions in 2025 as it manages the decline in unprofitable business from Amazon ...

About 60% of UPS’s Amazon business is lossmaking. Meanwhile, UPS (NYSE: UPS) one year ago announced an aggressive strategy for network consolidation and automation aimed at improving ...

UPS is cutting 20,000 jobs and slashing Amazon deliveries, raising questions about layoffs, USPS competition, and the future of the economy.

CEO Andy Jassy reinforced his mission to return the e-commerce giant to its startup roots during remarks at the Harvard ...

Amazon expects to spend $5.7 billion on AWS infrastructure in 2025, reinforcing its bet that AI will keep driving demand across its business. Shares were up over 3% in late morning trading Tuesday.

Volume declines from Amazon, Temu, and Shein highlight the risk of overdependence on a few large customers and the vulnerability of UPS’s business model to shifts in partner strategies and trade ...

By Peter Eavis UPS said on Tuesday ... and shedding parts of its business that don’t make money. The company has said many of the deliveries it does for Amazon, its largest customer, are not ...

MrBeast's recent partnership with Resorts World Las Vegas didn't live up to fan expectations ... The backlash validates his strategy to regain control of his business ventures.

Jeff Bezos-led Amazon still owns more than 926 million shares of Amazon, or just less than 9% of the business's total stock.(AFP) This action is a component of a planned trading strategy that was ...

Amazon, and navigating ongoing economic uncertainty, says Reuters. Ahead of Tuesday's market open, UPS shares rose nearly 2% after the company outlined plans to generate $3.5 billion in savings by ...

UPS is holding off on confirming ... Actions like the Amazon wind down “to reconfigure our network and reduce cost across our business could not be timelier,” Tomé said in a statement.