UPS Cuts Forecast With Labor Costs Set to Rise After Union Deal
United Parcel Service Inc. lowered its full-year profit forecast as the courier contends with shifting consumer habits and
2023-08-08 18:53
Li Ka-Shing’s Discounted Apartments Draw Interest During Glut
Homebuyers flocked to CK Asset Holdings Ltd.’s latest project in Hong Kong after it slashed prices to a
2023-08-08 12:58
Electric Vehicle Tech Manufacturer Proterra Files for Bankruptcy
Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Monday. The
2023-08-08 05:47
Teamsters Deny Yellow’s Claim That Union Caused Trucking Firm’s Bankruptcy
The International Brotherhood of Teamsters balked at Yellow Corp.’s efforts to blame the union for financial woes that
2023-08-08 03:28
Amazon Swaps Rockets for First Kuiper Satellite Launch
Amazon.com Inc. said it plans to launch the first two test satellites for its Project Kuiper constellation this
2023-08-08 02:55
Tesla Replaces CFO as Kirkhorn Ends 13 Years at the EV Maker
Tesla Inc. Chief Financial Officer Zachary Kirkhorn stepped down after 13 years at the electric-vehicle maker, a surprise
2023-08-07 23:59
Ukraine Recap: Russia, China Foreign Ministers Discuss Ukraine
Chinese Foreign Minister Wang Yi reiterated an appeal for peace talks and political solutions for the war in
2023-08-07 23:54
Global Home Prices Reveal Interest-Rate Pain Ripe for FX Traders
Traders hunting for an edge in the $7.5 trillion a day foreign-exchange market are poring over a crucial
2023-08-07 17:22
German Industrial Woes Endure as Output Drops to 6-Month Low
German industrial production fell for a second month in June, further holding back Europe’s biggest economy after it
2023-08-07 15:57
Record Number of China LGFVs Overdue on Short Debt
China’s local government financing vehicles are showing more signs of stress, with a record number missing payments on
2023-08-07 15:24
UK House Prices Fall for a Fourth Straight Month, Halifax Says
UK house prices fell for a fourth straight month in July as a further rise in mortgage rates
2023-08-07 14:20
Siemens Energy Reviews Wind Business on Seeing €4.5 Billion Loss
Siemens Energy AG is scrutinizing its wind business for a strategic reset after heavy costs related to ongoing
2023-08-07 13:23