FedEx has announced plans to cut between 1,700 and 2,000 back-office jobs across Europe as the company grapples with weak freight demand.
China has introduced draft regulations aimed at promoting the development of overseas warehouses and expanding cross-border e-commerce operations, as announced by the
General Motors (GM) has revealed a new $6 billion share buyback initiative, signaling confidence in its financial outlook. This announcement comes shortly
A California administrative judge, Juliet Cox, has rejected Tesla’s attempt to dismiss claims made by the state’s Department of Motor Vehicles (DMV).
As revealed in a court filing on Monday, United Auto Workers (UAW) President Shawn Fain is currently under investigation by an independent
Elliott Investment Management, an activist investor, has reportedly amassed a nearly $2 billion stake in Southwest Airlines and is poised to advocate
Japan’s economy contracted less than initially reported in the first quarter of 2024, with upward revisions to capital spending and inventory data
Chrysler is initiating a significant recall, affecting more than 211,000 vehicles in the United States. On Saturday, the National Highway Traffic Safety
Microsoft launched its annual Xbox Games Showcase on Sunday, unveiling a new all-digital version of its Xbox Series X and S consoles.
Retail giant Walmart has opposed a new law passed by the New York State Senate that requires big retail chains to install