Financial Literacy News: Central government employees under the Unified Pension Scheme (UPS) will now receive retirement and death gratuity benefits, previously available unde ...

UPS plans to pay out $5.5 billion in dividends in 2025. Ford's situation is a bit more complicated, as it pays a regular dividend of $0.15 a quarter and a supplemental dividend of $0.15 in the ...

International-Business News: UPS is implementing significant changes, including cutting almost 20,000 jobs and closing 73 facilities, due to reduced demand from Amazon. Despite ex ...

In January UPS announced that it had reached a deal with Amazon, its biggest customer, to lower its volume by more than 50% by the second half of 2026. During UPS' fourth-quarter earnings ...

UPS and Amazon earlier this year agreed to pare back their shared business by more than 50%. “Amazon is our largest customer but it’s not our most profitable customer,” Tomé said at the time.

UPS on Tuesday announced it is planning to cut 20,000 jobs this year, part of a cost-cutting effort that's linked to the delivery giant's decision to deliver fewer packages from Amazon, its ...

UPS announced it's cutting 20,000 jobs and shuttering 73 of its facilities as it cuts costs as part of a reduction in Amazon shipments, while also facing economic uncertainty.

UPS said it would cut 20,000 jobs this year as it overhauls its US network to boost efficiency. The shipping giant plans to shutter 73 facilities and save $3.5 billion as demand remains soft. The ...

UPS to cut 20k jobs, close 70 facilities as it reduces Amazon shipping volume The package delivery giant plans to significantly reduce the amount of Amazon shipments it handles.

United Parcel Service (UPS) said on Tuesday it will slash 20,000 jobs and close more than 70 facilities to lower costs as it braces for less Amazon shipments, due to global economic uncertainty ...

UPS Inc. is in talks with robotics startup Figure AI to use humanoid robots for some tasks in the logistics giant’s network, according to people familiar with the matter.

A growing number of startups and Big Tech firms are seizing on recent advances in artificial intelligence technology to develop robots that look and move more like people. Figure has emerged as one of ...