UPS Financial News

01.08 / 22:25

COST UPS Target economy rowing The Czech central bank cuts its key interest rate as inflation falls and the economy slowly recovers

The Czech Republic’s central bank has cut its key interest rate for the sixth time in a row as inflation falls and the economy recovers more slowly than expected

01.08 / 22:18

COST UPS Target economy pandemic 2020 Bank of England lowers its main interest rate by 0.25%, to 5%, its first cut in over 4 years

The Bank of England is cutting interest rates for the first time since the onset of the COVID-19 pandemic in early 2020

01.08 / 22:14

UPS Waters Extreme Southern wellness country Extended drought parches Sicily, and farmers worry about being forced to sell off animals

Crippling drought from a nearly rainless year, along with record-high temperatures, is stressing farmers on the Italian island of Sicily

01.08 / 22:11

UPS Provident Actor Warner Bros performer voice Equality Videos Video game performers protest unregulated AI use at Warner Bros. Studios

Hollywood’s video game performers are picketing at the Warner Bros

01.08 / 22:10

UPS Action Entertainment Features Sporting WWE's SummerSlam to be filled with action - and lots of sponsors

Just days away, WWE is gearing up for this year’s SummerSlam, which promises to bring lots of action — and sponsorships

01.08 / 22:08

UPS DOW Manufacturing Meta Platforms show reports How major US stock indexes fared Thursday, 8/1/2024

U.S. stocks tumbled after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy’s growth

01.08 / 22:08

UPS Manufacturing track reports recommendations Investigations Fiery North Dakota derailment was latest crash to involve weak tank cars the NTSB wants replaced

The fiery North Dakota derailment that burned for days early last month was the latest train crash to involve flawed tank cars the National Transportation Safety board has been trying to get off the tracks for decades

01.08 / 22:05

markets UPS Platform Latin Uber, China's BYD, form partnership to deploy 100,000 EVs in EU and Latin America

The ride sharing giant Uber and Chinese automaker BYD say they have agreed on a partnership to introduce 100,000 BYD model EVs on the Uber platform in Europe and Latin America

01.08 / 22:03

COST UPS Trade reports Scandals Toyota reports record quarterly profit, boosted by a weak yen and despite a certification scandal

Toyota says its April-June profit rose 1.7%, boosted by a favorable exchange rate, as vehicle sales grew around the world despite a certification scandal that halted production in Japan for several months

01.08 / 22:03

UPS Platform Moderna Instagram Trade Meta Platforms, Shake Shack rise; Moderna, Goodyear fall, Thursday, 8/1/2024

Stocks that traded heavily or had substantial price changes on Thursday: Meta Platforms, Shake Shack rise; Moderna, Goodyear fall

01.08 / 22:01

markets UPS Manufacturing reports Department jobless claims The number of Americans filing for jobless claims hits highest level in a year

The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains broadly healthy

01.08 / 22:01

UPS Manufacturing Software economy Tesla Research Japan rivals Nissan and Honda will share EV components and AI research as they play catch up

Japanese automakers Nissan and Honda say they plan to share components for electric vehicles like batteries and jointly research software for autonomous driving

01.08 / 22:00

COST UPS pandemic Trade reports Amazon reports boost in quarterly profits but misses revenue estimates

Amazon has reported a boost in its quarterly profits, but the company missed revenue estimates, sending stocks lower in after-hours trading

01.08 / 21:58

UPS FIVE Cooper security Trade country Pharmaceuticals India offers $300 million loan to build up Vietnam's maritime security, saying it is a key partner

India has offered Vietnam a $300 million loan to build up the Southeast Asian country's maritime security, as the two sides say they want to double their trade and investment within five years

01.08 / 21:58

UPS pandemic reports Courts Alabama woman pleads guilty to defrauding pandemic relief fund out of $2 million

An Alabama woman has pleaded guilty to federal wire fraud and money laundering charges for fraudulently claiming nearly $2 million in pandemic relief funds

01.08 / 21:57

COST UPS CEO NVIDIA President AMD Intel to lay off more than 15% of its workforce as it cuts costs to try to turn its business around

Chipmaker Intel Corp. is cutting 15% of its massive workforce as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD

01.08 / 21:47

UPS Provident Platform voice Updates My Hero Academia Chapter 430: What we know about release date, time, where to read and what to expect

final chapter of My Hero Academia, Chapter 430, is set to release on August 4, 2024. This chapter marks the end of the popular series, wrapping up the journey of Deku and his classmates.

01.08 / 21:01

markets UPS FIVE CEO security performer Courts GPB execs guilty on all fraud counts

David Gentile, founder and CEO of GPB Capital Holdings, and Jeffry Schneider, broker-deal chief, were founder guilty on all fraud counts they faced on Thursday morning in a seven-week trial in federal court in downtown Brooklyn.

01.08 / 18:33

markets UPS WhatsApp show Tata Motors’ e-car sales drop 21% in July

Tata Motors’ electric car dispatches to dealers fell 21% in July year-on-year, making it a third consecutive monthly, year-on-year decline for the maker of Nexon.ev and Punch.ev models. PB Balaji, chief financial officer, Tata Motors Group attributed it to discontinuation of the subsidy scheme from April for the fleet segment and overall slowdown in the car market also dented volumes, the company said. Fleet sales account for 20% of its EV sales. Total dispatches at the maker of the Nexon.ev and the Punch.ev fell to 5027 units in July from 6329 units in the same month a year ago. This includes a few hundred units of exports. The company’s June quarter sales also dropped 14% to 16,579 units from the year ago period.

01.08 / 17:51

markets UPS CEO wellness show prevention Mortgage rates fall slightly to lowest level since February

Meredith Whitney Advisory Group Founder and CEO Meredith Whitney says home prices have gone up over 30% on The Claman Countdown.

01.08 / 17:42

markets UPS Compilation wellness mountaineering Canadian bond markets prepare for debt deluge after record issuance

The Canadian market is about to be flooded with some big bond deals, and investors have so far been snatching up the debt.

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