UPS Financial News

16.11 / 05:47
COST UPS BLOCK Trade Department Judge blocks Biden administration's rule to expand overtime pay for millions
A federal judge in Texas has blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. In a Friday ruling, U.S. District Judge Sean Jordan sided with the state of ...
16.11 / 05:21
markets UPS economy Dreams Tesla Election Trade Tesla is not the only winner under Donald Trump
Subscribe to enjoy similar stories. A PART OF Donald Trump’s political genius is being all things to all people—or at least to all his supporters. He has said so many contradictory things, throughout his public life and during the presidential campaign, that it is easy to latch on to the bits you like and either ignore those you don’t, or dismiss them as braggadocio.
16.11 / 04:49
markets UPS Platform Strategy trends Trade European shares end lower on US Fed rate, Trump jitters
The pan-European STOXX 600 index dropped 0.8%, trading just above a three-month low hit earlier this week.
16.11 / 03:35
markets UPS Digital Fighting Strategy show Mike Tyson-Jake Paul undercard match: India's Neeraj Goyat beat Brazil's Whindersson Nunes
Neeraj Goyat beat Brazil's Whindersson Nunes in an undercard fight. Goyat won the bout 60-54 in a unanimous decision. In Round 1, Goyat came up with a good show, landing jabs on Nunes, while also successfully dodging attacks from his opponent. Goyat raised the tempo in Round 2 and landed several big blows on his rival. He pushed the Brazilian towards the rope connected a flurry of hits.
16.11 / 02:35
markets UPS Twitter Platform Experts social What is Bluesky, the fast-growing social platform welcoming fleeing X users?
X users are again flocking to Bluesky, a newer social media platform that grew out of the former Twitter before billionaire Elon Musk took it over in 2022. While it remains small compared to established online spaces such as X, it has emerged as an alternative for those looking for a different mood, lighter and friendlier and less influenced by Musk. What is Bluesky? Championed by former Twitter CEO Jack Dorsey, Bluesky was an invitation-only space until it opened to the public in February. That invite-only period gave the site time to build out moderation tools and other features. The platform resembles Musk's X, with a «discover» feed and a chronological feed for accounts that users follow. Users can send direct messages and pin posts, as well as find «starter packs» that provide a curated list of people and custom feeds to follow. Why is Bluesky growing? Bluesky said in mid-November that its total users surged to 15 million, up from roughly 13 million at the end of October, as some X users look for an alternative platform to post their thoughts and talk to others online. The post-election uptick in users isn't the first time Bluesky has benefited from people leaving X. The platform gained 2.6 million users in the week after X was banned in Brazil in August — 85% of them from Brazil, the company said. About 500,000 new users signed up in one day in October, when X signaled that blocked accounts would be able to see a user's public posts.
16.11 / 02:27
UPS IPO SUN Election students Universities Vinod Khosla: Silicon Valley’s persistent provocateur
Subscribe to enjoy similar stories. One man who will be deeply disappointed with Donald Trump’s victorious run in the US presidential election will be Vinod Khosla. In the run-up to the elections, Khosla engaged in a bitter and public debate with Trump’s principal backer Elon Musk on the latter’s platform X, arguing that “No delusional person would be president, and this guy is certifiable with no values." For this, he invited abundant vitriol from Musk and criticism from a section of the Republican party which he had supported and voted for in the past before turning into an independent.
16.11 / 02:27
COST UPS Provident Platform security Enterprise reports Small businesses ramp-up cybersecurity adoption, thanks to AI
Subscribe to enjoy similar stories. Small businesses are ramping up adoption of managed cybersecurity services to take on an increasing volume of cyber threats, with security providers using artificial intelligence (AI) to reduce the cost of their services.
16.11 / 02:27
markets COST UPS Manufacturing Sustainability War Cement makers are buying green power and private ships. Here's why
Subscribe to enjoy similar stories. Indian cement makers, once reliant on pricing power, are shifting gears to survive a bruising price war that’s eroding margins even as demand climbs. With intense competition cutting into cement prices, manufacturers are pursuing aggressive cost-cutting measures, from buying their own railway cars and ships to slashing energy costs—all in an effort to outlast rivals in an industry facing one of its most competitive eras yet.
16.11 / 02:27
UPS Ball Election President Golf Inside reports Donald Trump has got the driver swing
Subscribe to enjoy similar stories. You have to see it to believe it. And thanks to his appearance on US Open champion Bryson DeChambeau’s wildly popular YouTube channel, 12 million golf fans around the world have seen Donald Trump’s golf swing in action.
16.11 / 00:49
markets UPS Digital Gap awards show IBC recovery on companies' fair values up, claims down
insolvency law improved sequentially in the September quarter. However, creditors still took larger haircuts as the recovery against their admitted claims moderated further. Recovery rose to nearly 97% of the fair value of companies derived after they were admitted for bankruptcy resolutions from just over 84% in the June quarter, beating the historical average of 86%. However, recovery against creditors' admitted claims eased to 28.33% from 31.12%, showed data from the Insolvency and Bankruptcy Board of India (IBBI). The substantial gap in recovery against fair value and creditors' claims suggests stressed firms had already lost much of their worth by the time creditors tapped the Insolvency and Bankruptcy Code (IBC), experts said. This disparity reflects the double whammy of late filing as well as admission of insolvency cases, said Manoj Kumar, head of insolvency resolution and M&A at consultancy firm Corporate Professionals Capital.
16.11 / 00:49
markets UPS Target wellness Experts Diversity From gen X to Z, companies perk up all with bespoke benefits
Experts say companies can reap several dividends from offering personalised and flexible benefits to their workforce — attracting and retaining talent; improving engagement and productivity; enhancing organisational culture and brand image and optimising costs.
16.11 / 00:49
markets UPS Manufacturing Strategy Apple Whirlpool electronic Impact of 'Make in India': Imports for top electronics cos dip on rising local tide, possibly for the first time ever
Make in India' and component localisation has led to a decline in imports by major electronic firms such as Samsung, Apple, Whirlpool, Dixon and Havells — possibly for the first time ever. The combined import value of eight electronics firms, that also include LG Electronics, Amber Enterprises and Haier India, fell 7% year-on-year in 2023-24 to ₹95,143 crore, according to their regulatory filings with the Registrar of Companies (RoC). The total import value of these companies had crossed ₹1 lakh crore in 2021-22 and increased further in FY23.
15.11 / 22:07
UPS Waters Strategy Food community Experts South African government seeks experts' help to bring illegal miners to the surface
The South African government says it has put together a team including mine rescue experts to come up with a plan to bring to surface illegal miners who remain under a disused gold mine
15.11 / 22:07
UPS DOW Election Moderna Vaccines How major US stock indexes fared Friday, 11/15/2024
U.S. stocks fell to their worst loss since Election Day as the rally that Wall Street got from last week’s victory for Donald Trump and a cut to interest rates by the Federal Reserve kept fading
15.11 / 20:19
UPS security Align Nov prevention rights Canada Post strike explained: What you need to know about your mail
Canada Post workers officially went on strike Friday after failing to reach an agreement with the Crown corporation.
15.11 / 20:13
UPS Digital security Software Photos cover blues Western Digital My Passport 6TB HDD Review: Sturdy, spacious and secure
₹15,000. Second, while the My Passport comes in four color options (white, red, blue and black), only the top lid is customizable, while the bottom dark grayish cover remains the same for all colourways.While I personally don't know too many people who would fill a hard drive with 5TB of storage, if you are one of those people, you can now get an extra 1TB of space with the new My Passport drive.
15.11 / 19:07
UPS Cooper economy Sustainability Historic electricity transmission from Nepal to Bangladesh inaugurated: A step towards regional connectivity
regional cross-border connectivity, Union minister Manohar Lal jointly inaugurated electricity transmission from Nepal to Bangladesh, along with Bangladesh power adviser Md Fouzul Kabir Khan and Nepal power minister Dipak Khadka through a virtual event. This historic occasion marks the first trilateral power transaction, which has been carried out through the Indian grid. New Delhi had announced its decision to facilitate the first trilateral power transaction from Nepal to Bangladesh through the Indian grid, with an export of up to 40 MW of power during the visit of the then prime minister of Nepal, Pushpa Kamal Dahal 'Prachanda', to India in 2023.
15.11 / 19:07
markets COST UPS Digital Manufacturing International No brakes on tyre price hikes likely for now
natural rubber prices in the international markets are set to rise further as manufacturers have guided for further hikes in the ongoing quarter. According to them an increase of 2-6% taken since the beginning of FY25 is not commensurate with the increase on account of natural rubber prices. This, in turn, has jacked up raw material prices as percentage to net sales by 6-8%. Higher input costs coupled with a tepid demand from truck and carmakers dented profitability at all tyre makers in the second quarter over the year-ago period.
15.11 / 18:55
UPS FIVE Sustainability wellness reports rights Regulators approve North Dakota section of planned 5-state Midwest carbon dioxide pipeline
Utility regulators in North Dakota have approved a carbon dioxide pipeline that would span five Midwestern states
15.11 / 18:55
UPS Citi Election Moodys President Moody's downgrades Mexican government's outlook to 'negative' over weakening of judiciary and debt
Mexico's president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to “negative.”

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