United Parcel Service has slashed 48,000 jobs this year — one of the largest single-year reductions by a US company since the pandemic — as the package giant scrambled to contain costs and revive its ...

WASHINGTON (AP) — Kamala Harris isn’t ruling out another run for the White House. In an interview with the BBC posted Saturday, Harris said she expects a woman will be president in the coming years, ...

We recently published 10 Stocks Beating Wall Street’s Bets. Opendoor Technologies Inc. (NASDAQ:OPEN) is one of the best performers on Friday. Opendoor jumped by 13.37 percent on Friday to finish at $7 ...

Chairman, CITA Energies Limited, Dr. Thomas Ogungbangbe, has called on the Federal Government to urgently collaborate with the private sector players to revive the dormant 98-kilometre aviation fuel ...

Kuehne + Nagel posted lower earnings and revenue and launched a cost-reduction program, flagging a challenging market and overcapacity. The Swiss logistics company on Thursday posted a net profit of ...

At the HR Tech 2025 conference, the message was clear: Organizations and their C-suites must rethink not only how they are deploying AI but also why. Speakers at the industry's leading HR technology ...

HOUSTON (Reuters) -An affiliate of Elliott Investment Management wants to cut costs at Venezuela-owned Citgo Petroleum while a unit of Gold Reserve would largely focus on maintaining the status quo, ...

Nestlé is cutting 16,000 jobs globally as the Swiss food giant cuts costs as part of its efforts to revive its financial performance. Nestlé, which makes Nescafé drinks, Purina pet food and other ...

The company’s new chief executive, Philipp Navratil, announced the reductions as part of a plan to turn around the world’s largest food company. By Melissa Eddy Melissa Eddy covers the European ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

For an economy with so much talk of efficiency, there sure is a lot of money to spare for executives to fly on private jets. A slight majority of the 500 largest U.S. companies by revenue now pay for ...

DeepSeek unveils a new AI model focused on cost efficiency. The main innovation is a reduction in compute to run attention. The innovation is not revolutionary; it's evolutionary. Last week, DeepSeek ...