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 ...
Amazon.com Inc. and Amazon Advertising LLC collected the geolocation data of millions of consumers using apps embedded with the Amazon Ads software development kit without their knowledge or consent ...
United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...
Microsoft Corp. said its cloud-computing business will continue to grow slowly in the current quarter as the company ...
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A former Amazon.com Inc. finance director says the online retailer engaged in sex and age bias when it fired her and replaced her with a substantially younger male.
It is not clear how many employees have been laid off but reports suggest that dozens of roles have been eliminated.
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
Amazon spokesperson Brad Glasser told Bloomberg that the company was making changes to "move faster, increase ownership, ...