Hints and tips:
...That UPS results are seen as a bellwether of the US economy is no surprise. It delivers about a quarter of American parcels....
...Competitors have echoed that concern, with Mike Parra, chief executive of DHL’s Americas business, saying that other parcel delivery services would not be able to pick up the slack....
...When he wrote on his website, “I believe in the United States of America. I believe in a strong national defence....
...UPS, the parcel delivery group, held a job fair in Long Island, New York this month....
...the shipping capacity of America’s two biggest delivery groups....
...The imminent rollout of high-speed 5G telecoms services threatens to ground flights across the US, America’s largest airlines warned on Monday, as they urged government agencies to intervene to avoid “chaos...
...If the proposal to separate the asset management business proceeds, it will represent the most radical of a series of efforts to divide Brookfield’s sprawling balance sheet into smaller parcels....
...“There may be isolated shortages of goods and services in the coming months. But there is an ample supply of goods....
...Mr Rosenfield, a former managing director of investment banking at Bank of America and now working for the consultancy Hakluyt, will take up the role on January 1, as part of a “reset” of the Johnson premiership...
...Analysts at Bank of America think Amazon should go further and take advantage of depressed aircraft value to bulk up its air fleet....
...Prestowitz names Maurice Greenberg, ex-head of the insurance giant AIG, and Fred Smith, the boss of FedEx, the US parcel delivery company, among the corporate titans that played this game....
...“Carol is one of the most respected and talented leaders in corporate America and has a proven track record of driving growth at a global organisation, maximising shareholder value, developing talent and...
...Measuring happiness is subjective, but that hasn’t stopped a host of public and private bodies – from the United Nations to American asset management company Mercer – from giving it a go....
...The coronavirus pandemic has turned the US government into a financing source of last resort for swaths of corporate America, but the socialisation of risk and the picking of winners and losers has concerned...
...Manchester United....
...“But so far . . . we are not seeing any progress and as many as 100,000 Americans a day may be defrauded and potentially harmed by Chinese contraband coming to America by air parcel delivery, both counterfeits...
...The Atlanta-based company reaffirmed its full-year target for adjusted diluted earnings in the range of $7.45 to $7.75 a share....
...Adjusting for one-time items the company reported earnings of $1.94 a share, ahead of analyst expectations for $1.90....
...Gilead Sciences Sector: pharmaceuticals / HQ: foster city, us Key stat: 1.5m — the number of doses of remdesivir, the antiviral being used for Covid-19, that Gilead gave away for free....
...For the three months to end of September, revenues at UPS rose nearly 8 per cent to $17.44bn as the growth of online shopping continues to drive demand for its services....
...Amazon’s plan to foster a network of small delivery businesses is set to exacerbate a slowdown in the growth of US Postal Service package delivery, analysts say....
...of online shopping continues to drive demand for its services....
...The new programme will give Amazon additional options for “last mile” delivery of its parcels, which are typically handled by FedEx, UPS and the US Postal Service....
...The status of the workers who provide the services offered by so-called gig economy companies such as Uber has been a point of contention for many years....
...Operating profit at the unit fell by more than a fifth to $756m however as the company took a $85m hit on costs related to severe winter weather, Saturday delivery services, network upgrades and pension...
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