UPS says it will cut 12,000 jobs, closes challenging year

Logistics giant UPS said Tuesday it would cut about 12,000 jobs worldwide, shortly after reporting quarterly revenues that…

FedEx saw boost from rival UPS’s labor negotiations with Teamsters | CNN Business

CNN  —  The threat of a strike at one competitor and the bankruptcy of another proved…

UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply | CNN Business

New York CNN  —  UPS reported a sharp drop in revenue and profit in the second…

Could the June CPI report change the Fed’s rate trajectory? | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

The US economy can’t function smoothly without UPS. That’s why a strike will hurt | CNN Business

New York CNN  —  UPS isn’t just another large shipping company. It carries 6% of America’s…

With a month before strike deadline, Teamsters walk away from talks with UPS | CNN Business

New York CNN  —  The Teamsters union says it has walked away from negotiations with United…

UPS, Teamsters reach deal on air conditioning delivery vans, a key issue in contract talks | CNN Business

New York CNN  —  Negotiators for UPS and the Teamsters union have reached a tentative agreement…

Next up for US unions: Major contracts for 700,000 workers | CNN Business

New York CNN Business  —  The 11th hour deal that prevented a crippling strike at the…