UPS reported that its revenue and profit continued to decline in the first quarter, but its CEO sees a recovery to growth in the future.

The shipping giant reported $1.1 billion in net income for the first three months of the year, down 41% from $1.9 billion in the same period of 2023.

It had $21.7 billion in first quarter revenue, down 5.3% ...Read more

Delta Air Lines is giving its flight attendants and ground employees a 5% raise, and boosting starting pay to at least $19 an hour for much of its workforce.

It’s the third year in a row that Atlanta-based Delta has raised pay since recovering from the worst effects of the COVID-19 pandemic. Delta granted workers 4% raises in 2022 and 5% ...Read more

PulteGroup last quarter had revenues of $3.8 billion, a 10% jump from the same period a year ago, as the nation’s housing shortage promises to fuel more construction, the company announced Tuesday.

The Atlanta-based homebuilding giant reported a 32% bounce in earnings, an 11% increase in the number of homes sold, as well as a higher profit ...Read more

Even though air travel can be a stressful experience, customer satisfaction with airlines overall is improving, according to a new study.

The American Customer Satisfaction Index travel study found that customer satisfaction with the airline industry reached an all-time high score of 77, up 1 percentage point from the previous year.

“...Read more

United Auto Workers President Shawn Fain said the union's organizing victory at Volkswagen AG's plant in Chattanooga, Tennessee, shows the union "can win anywhere."

The plant that builds the Volkswagen ID.4, Atlas and Atlas Cross Sport on Friday became the first foreign-owned automaker organized in the South by the Detroit-based union. Of the ...Read more

Black, Asian and Hispanic NYC government workers continue to be paid less than their white colleagues, a disparity driven by a persistent pattern of low wages for women of color in the municipal ranks, according to a new study release by the City Council on Tuesday.

The study reflects salary levels across all municipal positions as of 2021, the...Read more

General Motors Co. beat Wall Street expectations on Tuesday, delivering first-quarter net income of $3 billion on revenue of $43 billion.

The Detroit automaker increased its guidance for the year of adjusted earnings to be in a range of $12.5 billion to $14.5 billion, up from $12 billion to $14 billion. The automaker expects its net income for ...Read more

The board of directors of Vista Outdoor is giving Texas-based investment group MNC Capital another chance to raise its bid to acquire the company's ammunition and outdoor products brands.

MNC Capital was in early discussions to acquire Vista Outdoor's ammunition companies and made bids for the entire company after Vista selected Prague-based ...Read more

Four years ago, Claudia Aleman and her family had only one way to get online — through their cellphones. Without internet service on a computer, her youngest daughter couldn’t get homework assignments in on time, her parents couldn’t keep up with online doctor visits, and the English classes she wanted to sign up for were out of reach.

...Read more

Restoring coastal ecosystems with oysters in Florida, protecting forests from wildfire in California and maintaining a cultural site (the Pearl Harbor National Memorial) in Hawaii: These are a few of the paid positions that job seekers can now apply for through the Biden administration’s American Climate Corps.

The first batch of job listings...Read more

When David Ellison, the mega-rich aerobatic pilot and Ferrari-driving son of multibillionaire Oracle co-founder Larry Ellison landed in Hollywood, he was viewed as yet another trust fund scion with Klieg lights in his eyes and an enviable bank account.

Unlike most Hollywood neophytes of his ilk, however, Ellison did not flame out in ignominy or...Read more

The U.S. Federal Trade Commission sued to stop Tapestry Inc.’s $8.5 billion takeover of rival Capri Holdings Ltd., marking the first time the Biden administration has used its aggressive antitrust enforcement to try to stop a deal in the fashion accessories sector.

Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices ...Read more

Archer-Daniels-Midland Co. said former Chief Financial Officer Vikram Luthar, who was placed on leave earlier this year amid an accounting investigation, has agreed to resign effective Sept. 30.

Luthar, who was suspended in January, will be “available to assist the Company and provide transitional support as needed” as a non-executive ...Read more

The shutdown of vessel traffic in and out of Baltimore’s harbor since the Francis Scott Key Bridge collapse March 26 has caused shipping delays but so far no widespread price increases, a Federal Reserve report says.

Businesses said they can manage a short-term disruption but are concerned about an extended shutdown, according to the Federal ...Read more

ST. LOUIS — The region's largest coal plant, the Labadie (Missouri) Energy Center, last year emitted far more of a major air pollutant than any plant in the country, a Post-Dispatch analysis has found.

Companywide, the St. Louis-based electric utility Ameren, which owns Labadie, produced more of the pollutant sulfur dioxide than all but one ...Read more

Perhaps your summers hold fond memories of strolling along the beach, hiking mountains or trying new foods at a destination hundreds of miles from home. If so, are you planning to keep the travel streak going this year? Would you go into debt for it?

A new Bankrate survey found that only about half (53%) of Americans are planning a summer ...Read more

RICHMOND, California — PG&E’s top boss held out hope Monday to the utility’s beleaguered ratepayers that they can expect customer monthly bills to flatten out and someday even fall below the current sky-high utility prices.

The utility titan is working effectively nonstop to scout for ways to curb the head-spinning surge in monthly bills ...Read more

Until Friday, the phrase "union victory at Chattanooga" could mean only one thing: the defeat of a Confederate army by forces under U.S. Grant at the Battle of Chattanooga in late November 1863.

No longer. On Friday, the United Auto Workers scored a decisive victory at a Volkswagen plant in Chattanooga, Tennessee, as workers voted ...Read more

Four years ago, when the Trump administration threatened to ban TikTok in the U.S., its Chinese parent company ByteDance Ltd. worked out a preliminary deal to sell the short video app’s business. Not this time.

Once again, the U.S. government is aiming to shut down TikTok unless it’s divested from Beijing-based ByteDance. But the company ...Read more