UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said. Shares plunged.
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com , and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.
Amazon may have started in retail, but its biggest profits now come from advertising and cloud computing, with rivals ramping up their own strategies.
Amazon Prime customers have been warned of a new hacking campaign that could cost them dearly—here’s what you need to know.
Amazon.com was sued on Wednesday by consumers who accused the retailing giant of secretly tracking their movements through their cellphones, and selling data it collects. According to a proposed class action in San Francisco federal court,
Amazon is suing an agency in Washington state to prevent the release of some company materials to The Washington Post.
UPS is continuing to withdraw from its business relationship with Amazon. By the second half of 2026, UPS said it will cut its shipping volumes for Amazon by more than 50 percent under the companies' revised arrangement.
Amazon Music Unlimited individual and family plans now cost more. Here’s how much you’ll have to pay to access the streaming service.
The Anker Soundcore P20i true wireless earbuds are already affordable at their original price of $40, so don't miss this chance to get them for $20 from Amazon.
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