Avatarrxycf62UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'verified_publisherBusiness Insider - Alex BitterUPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call. "This was us. This was UPS taking control of our destiny." Shares plunged by as much as 18%. The shipping giant …
Avatarrxycf62I Study Financial Markets. The Nvidia Rout Is Only the Start.verified_publisherThe New York Times - By Mihir A. DesaiDuring Monday’s stock market swoon, Nvidia, the artificial intelligence giant, lost nearly $600 billion in value, the biggest single-day loss for a public company on record. How could the fortunes of one of our leading companies fall so far so suddenly? While some will seek answers in the promising …
Avatarrxycf62Amazon Prime will shut down its clothing try-on programverified_publisherThe Verge - Wes DavisPrime Try Before You Buy will end on January 31st. Amazon will be winding down its Prime Try Before You Buy program, which let Prime members try on clothes before paying for them, reports The Information. It will shutter on January 31st, according to a banner at the top of the service’s landing …
Avatarrxycf62Amazon secretly slowed deliveries, deceived anyone who complained, lawsuit saysverified_publisherArs Technica - Ashley BelangerAmazon called delays a "coincidence" while overcharging by millions, AG alleged. Amazon has been accused of secretly slowing down Prime deliveries in …
Avatarrxycf62You Want That Gift to Arrive Today? This Is What It Takes.verified_publisherThe New York Times - By Jordyn HolmanRetailers like Amazon, Walmart and Target have figured out that if they get you your online order today, you will probably spend more tomorrow. One day in early November, I ordered an emotional support pickle. The image on Amazon showed a green crocheted prolate vegetable, with a pink bow fixed on …
