Amazon surpasses Walmart in annual revenue for first time, as both chase AI-fueled growth
Signs for Walmart (L) and Amazon.Getty ImagesFor the first time, Amazon has dethroned Walmart as the company with the largest...
United Parcel Service Inc
Walmart reports strong holiday growth, but earnings outlook falls short of estimates
Walmart said on Thursday that holiday-quarter sales rose nearly 6% and its quarterly earnings and revenue surpassed Wall Street's expectations...
The 'boomcession': Why Americans feel left behind by a growing economy
Fotostorm | E+ | Getty ImagesWelcome to the "boomcession."The term is a portmanteau of the words "boom" and "recession." It...
How packaging and logistics companies are automating their warehouses
DHL Autonomous Robot at work.Source: DHLWorkers at DHL Group used to walk close to a half marathon each day just...
Wealth inequality and the 'K-shaped' economy are more striking than ever, data shows
The gap between the best and worse off Americans is growing — and economists don't see an end in sight.The...
UPS to cut additional 30,000 jobs in Amazon unwind, turnaround plan
A worker drives a United Parcel Service (UPS) truck on Oct. 28, 2025 in Los Angeles, California.Mario Tama | Getty...
Amazon had a very big week that could shape where its stagnant stock goes next
Amazon made plenty of news this week — from advances in the cloud business to questions about its partnership with...
How black boxes became key to solving airplane crashes
After the search for survivors and recovery of victims in tragic aviation accidents — like that of a UPS cargo plane shortly...
FAA issues order prohibiting MD-11 flights pending inspection after fiery UPS jet crash
Tails of FedEx MD-11 with UPS Boeing 767 with hangars under construction behind. Aviation-images.com | Universal Images Group | Getty ImagesThe...
FAA flight cuts squeeze freight capacity in peak shipping season
U.S. Transportation Secretary Sean P. Duffy and FAA Administrator Bryan Bedford hold a press conference at the U.S. Department of...
UPS cargo plane crash near Louisville airport kills at least 11
Fire and smoke mark where a UPS cargo plane crashed near Louisville Muhammad Ali International Airport on November 04, 2025...
AI-washing and the massive layoffs hitting the economy
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for...
Seasonal retail hiring to fall to lowest level since 2009, signaling trouble for holidays, report says
Seasonal hiring in the retail industry is poised to fall to its lowest level since the 2009 recession, an early...
Stocks making the biggest premarket moves: Klarna, Oracle, Opendoor, Oxford and more
Check out the companies making the biggest moves in premarket trading: Opendoor Technologies — The meme stock soared 33.6% after...
China trade talks with rolling deadlines have one big beneficiary: air freight
The uncertainty of the Trump Administration's ongoing trade talks with China, which have spurred multiple "deadlines," has fueled airfreight traffic....
Stock futures are little changed after S&P 500 ekes out another closing record: Live updates
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 11,...
Wendy's CEO Kirk Tanner tapped to lead Hershey
Kirk Tanner, then CEO of North American beverages for PepsiCo Inc., speaks during the Bloomberg Power Players Summit in Miami,...
FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year
A FedEx truck on Cyber Monday in San Francisco, California, US, on Monday, Dec. 2, 2024. David Paul Morris | Bloomberg...
