Global courier UPS is cutting 20,000 jobs and automating hundreds of facilities as it tries to boost profitability in the midst of a massive overhaul of its delivery network. Earlier this year, the company announced an ambitious plan to decouple from Amazon in favor of more profitable packages—just before Trump’s tariff announcements sent global trade volumes plunging.

UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles

The delivery company is shrinking its workforce and closing facilities after a shift away from its biggest customer.

Amazon's Project Kuiper offers strategic independence from Elon Musk's SpaceX and big potential profits in the satellite internet market.

Amazon has launched the first installment of its Project Kuiper satellite internet service. It’s aiming to take on the dominance of SpaceX’s Starlink.

Elon Musk’s SpaceX already has launched more than 8,000 Starlinks since 2019. The company marked its 250th Starlink launch Sunday night. More than 7,000 Starlinks are still in o

Amazon's big annual sales event for Prime members could be dampened by price hikes on imported goods. Here's what to look for.

Amazon ‘s Prime Day is losing its luster among a critical group: sellers. Some third-party merchants who previously sold China-made goods during Amazon’s premiere July shopping event are sitting it out this year or reducing the amount of discounted merchandise they offer.