“This is not a slash and burn exercise meant to punish high-ranking officers. Nothing could be further from the truth,” he said. He added that he worked with the Joint Chiefs of Staff on this ...

The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.

United Parcel Service (UPS) will eliminate 20,000 positions and shut 73 facilities as it prepares for a decline in Amazon deliveries and deals with economic uncertainty. Though experiencing a slim ...

United Parcel Service on Tuesday revealed plans to slash 20,000 jobs after deciding earlier this year to slash the number of packages it delivers for its top customer, Amazon. Shares in UPS ...

The delivery giant is looking to slash costs after its decision in January to halve the number of Amazon deliveries it takes. Deliveries for the e-commerce giant makes up around 12 percent of ...

The earliest days of the automobile were an exercise in utility. As engineers, tinkerers, and inventors developed horseless carriages, aesthetic design took a back seat to getting the darn thing ...

Grain use in China’s total feed consumption is expected to fall to around 60% by 2030, with soybean meal usage reduced to about 10%, the agriculture ministry said in a statement. The ministry also ...

Days after Elevance Health assured investors it remains optimistic about Medicare Advantage, the health insurance company announced it will stop marketing most products under the program.

Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...

The U.S. aviation industry, reeling from President Donald Trump's trade war and a slump in travel demand, is lobbying the White House for exemptions from tariffs. Industry officials have held ...

Washington — House Republicans are facing the difficult task of slashing $1.5 trillion — with hundreds of billions likely in Medicaid spending — to help offset the cost of President Trump's ...