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UPS 3Q results top Street; gives details of turnaround efforts, including 34,000 job cuts

United Parcel Service posted third-quarter results that handily beat Wall Street’s expectations and gave details about its turnaround efforts, including approximately 34,000 job cuts. Shares surged more than 12% before the market open on Tuesday. UPS earned $1.31 billion, or $1.55 per share, for the three ...
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Trump bonds with Japan’s new prime minister and says her nation is delivering on US investments

TOKYO (AP) — President Trump treated his time in Japan on Tuesday as a victory lap — befriending the new Japanese prime minister, taking her with him as he spoke to U.S. troops aboard an aircraft carrier and then unveiling several major energy and ...
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Takeaways from AP’s report on a U.S. plot to recruit Maduro’s pilot to betray Venezuelan leader

MIAMI (AP) — A longtime U.S. law enforcement agent secretly tried to recruit Nicolas Maduro’s pilot to join a plot to capture the Venezuelan leader and deliver him into U.S. custody to face drug trafficking charges. Details of the plot are emerging as the ...
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Maine and Texas are the latest fronts in voting battles, with voter ID, citizenship on the ballot

PORTLAND, Maine (AP) — Maine’s elections in recent years have been relatively free of problems, and verified cases of voter fraud are exceedingly rare. That’s not stopping Republicans from pushing for major changes in the way the state conducts its voting. Maine is one of two ...
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UPS delivers upbeat revenue forecast after results beat, shares surge

(Reuters) -United Parcel Service beat analysts’ estimates for third-quarter profit and forecast revenue above Wall Street expectations for the holiday season on Tuesday, banking on price increases to offset soft business-to-business demand in the U.S. Shares of the company jumped 16% in premarket trading, with ...
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Royal Caribbean forecasts quarterly profit below estimates

(Reuters) -Royal Caribbean forecast current-quarter profit below expectations on Tuesday, amid higher fuel costs and rising economic uncertainty. Shares of the company, which also forecast annual profit below estimates, were down about 8% in premarket trading. Following a post-pandemic boom in demand, the company is struggling ...
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Factbox-European companies cut jobs in response to slowing economy

(Reuters) -Several European companies have frozen hiring or cut jobs this year, citing difficult economic conditions exacerbated by U.S. tariffs. Here are some of the companies that announced layoffs: CAR AND CAR PARTS MAKERS * BOSCH: The German home appliance manufacturer will cut 13,000 jobs as it ...
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Amazon set to cut 14,000 jobs from corporate workforce

(NEW YORK) -- Amazon has announced that it will cut an estimated 14,000 jobs from its corporate workforce as it focuses on “reducing bureaucracy, removing layers, and shifting resources,” according to the company.Beth Galetti, senior vice president of people experience and technology at Amazon, ...
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Merck-Eisai’s kidney cancer drug combo meets one main goal in late-stage study

(Reuters) -Merck and Eisai’s experimental combination treatment helped extend the time certain patients with advanced kidney cell cancer lived without their disease progressing, in a late-stage study, the drugmakers said on Tuesday. However, the combination of Merck’s Welireg and Eisai’s Lenvima failed to meet ...
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Labcorp lifts annual profit forecast on strong diagnostic test demand

(Reuters) -Labcorp on Tuesday raised its annual profit forecast and beat estimates in the third quarter as the laboratory operator benefited from strong demand for its diagnostic tests. Steady demand for non-urgent surgeries, especially among older Americans, is helping boost earnings of diagnostic-test providers ...
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How Americans will be celebrating Halloween, according to a new AP-NORC poll

NEW YORK (AP) — Sherry Jenkins is a Halloween person by default. She lives in Blairstown, New Jersey, a rural town where much of the original “Friday the 13th” horror movie was filmed. That date is, of course, a huge draw for tourists, but ...
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How Mike Waltz is leading the Trump administration’s ‘a la carte’ approach to UN funding

UNITED NATIONS (AP) — Mike Waltz is approaching his new role as U.S. ambassador to the United Nations and a mandate from President Donald Trump to cut funding for what were once longtime American priorities the same way he set about representing Florida in ...
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