US politicsfrom24/7 Wall St.1 week agoUS Postal Service About to Run Out of MoneyUSPS faces potential insolvency within a year due to large fiscal losses, high labor and network costs, declining mail demand, and the risk of losing a major Amazon contract.
BusinessfromFast Company2 months agoUPS reports 48,000 jobs cut in the year to dateUPS beat Q3 expectations, cut about 48,000 jobs and closed facilities while reducing Amazon volume and targeting $3.5 billion in 2025 cost savings.