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 ...

Amazon is cutting dozens of jobs in its communications unit in an effort to cut costs, Bloomberg’s Spencer Soper and Vinicy Chan report.

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 ...

Amazon.com Inc. UPS’ core parcel operations have endured a prolonged demand trough as package volumes have fallen from pandemic-era peaks. Some customers also have traded down from premium to economy ...

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.

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

It is not clear how many employees have been laid off but reports suggest that dozens of roles have been eliminated.

Amazon spokesperson Brad Glasser told Bloomberg that the company was making changes to "move faster, increase ownership, ...

The world’s 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined US$108 billion on Monday as a ...