Industry

UPS says it may cut up to 30,000 jobs as it trims costs, closes facilities, and reduces Amazon deliveries.

MSC Group opens a $100 million Miami headquarters, expanding U.S. cruise operations and creating thousands of new jobs.

Citigroup is sued by a former executive who alleges gender bias and sexual harassment by a top wealth management leader.

Westfield San Francisco Centre mall closes early as tenants exit following foreclosure sale, highlighting retail decline.

FDA testing links unopened ByHeart formula to contaminated whole milk powder in botulism outbreak affecting babies.

Hermès closed a chapter in Paris as menswear creative director Véronique Nichanian presented her final collection after 37 years at the house.

Trump threatens 100% tariffs on Canada over its China trade deal, escalating tensions with Prime Minister Carney.

Airbus CEO Guillaume Faury warns staff of rising geopolitical risks after trade tensions caused significant logistical and financial damage.

Tesla owners in the US and Canada now must pay $99/month for highway lane-assist features once included for free.

Ben & Jerry's board is down to two directors after Magnum alleges misconduct by the former chair and raises audit concerns.

Paramount extends its deadline to convince investors its bid for Warner Bros is stronger than Netflix's rival offer.

Amazon plans its largest-ever store in Illinois, blending grocery shopping, merchandise sales, and order fulfillment in one massive location.

TikTok secures its future in the U.S. after a US-China approved deal transfers American operations to a new investor-led venture.

Spirit Airlines explores a private equity takeover as it struggles to avoid another bankruptcy amid ongoing financial challenges.

UPS Plans Major Workforce Reduction, CFO Says Up to 30,000 Jobs Affected