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Business
UPS retires entire fleet of planes involved in deadly Louisville crash
United Postal Service CEO Carol Tome said Tuesday that the company is officially retiring its fleet of McDonnell Douglas MD-11 cargo planes after one of them was involved in a…
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Walmart CEO Doug McMillon retiring as retailer gains more wealthy shoppers amid inflation
A major leadership transition is underway at Walmart, with CEO Doug McMillon set to retire on Jan. 31, 2026, after more than 40 years at the company. As he wraps up nearly 12…
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Spotify now represents one-third of the music industry's total recorded revenue in 2025
Spotify announced Wednesday that the company now accounts for roughly one-third of the music industry’s recorded music revenue, further cementing its position as the world’s…
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US-South Korea trade tensions flare over treatment of American tech firms including Coupang
A growing dispute between Washington and Seoul over the treatment of American technology companies has escalated into a broader trade confrontation. A White House official…
Bank of America to match $1,000 government deposits for Trump accounts
Bank of America announced Wednesday that it will be contributing funds to the proposed "Trump accounts" for eligible employees. The bank said it will match the government’s…
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UPS to cut 30,000 more jobs amid turnaround plan
The United Parcel Service aims to cut up to 30,000 operational roles in 2026 as part of its transformation strategy, CFO Brian Dykes announced during the company’s quarterly…