UPS to eliminate 30,000 more jobs as Amazon volume cuts accelerate; shares rise
UPS continues to shed low-margin Amazon delivery volumePlans to reduce 30,000 jobs in 2026 through attrition and driver…
China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
Singapore expected to keep monetary policy unchanged as growth outperforms
Item 1 of 2 A view of the Monetary Authority of Singapore building in Singapore April 18, 2016.…
Trump’s JPMorgan lawsuit underscores his growing clash with Wall Street
Item 1 of 2 Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., attends the…
Samsung to start production of HBM4 chips next month for Nvidia supply, source says
SEOUL, Jan 26 (Reuters) – Samsung Electronics (005930.KS), opens new tab plans to start production of its next-generation…
‘Jobs, jobs, jobs’ the AI mantra in Davos as fears take back seat
Executives optimistic on AI despite fears of bubble, job lossesCisco projects completed faster with AI, says its presidentBill…
Many patients may keep off lost pounds after stopping a GLP-1, US data suggests
Real-world data suggests weight loss durability post-GLP-1 drug discontinuationStudy suggests weight regain may be less common than clinical…
JPMorgan confirms Trump assertion that bank CEO Dimon was not offered Fed chair job
WASHINGTON, Jan 17 (Reuters) – JPMorgan (JPM.N), opens new tab CEO Jamie Dimon on Saturday confirmed he was…
Iran protests abate after deadly crackdown, residents and rights group say
US threats of intervention recede after Iran crackdown easesHeavy security presence reported in Tehran and other citiesSporadic unrest…
Poker-faced Powell may have ace up sleeve to stymie Trump’s Fed shakeup
Powell could stay on as a Fed governor for two more yearsCriminal indictment threat may influence his decisionPowell…
Musk’s Starlink faces high-profile security test in Iran crackdown
Iran shutdown poses test for Starlink as US military, investors look onProtesters used Starlink to send videos, images…
Asia shares rise on AI optimism, receding Fed cut bets lift dollar
Asia shares upbeat on renewed AI optimismGeopolitics loom large, Trump adopts wait-and-see posture on IranDollar gains as traders…