Amazon is UPS's biggest customer, and its biggest competitive threat
United Parcel Service (UPS) and its brown delivery trucks have ruled American streets for decades.
Apr 13, 2022
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Business
News tagged with profit margin
Automotive
General Motors to add 8,000 technical workers this year
There are more than 8,000 new technical job openings at General Motors, and the automaker plans to fill them during a hiring spree this year.
Jan 26, 2022
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4
Business
Daimler Truck rolls into stock market after Mercedes split
Daimler Truck launched on the Frankfurt Stock Exchange on Friday after the heavy-goods operation was spun off from its holding group, soon to be renamed as Mercedes-Benz.
Dec 10, 2021
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Business
FTC orders Walmart, Amazon, Kroger and more to turn over information on empty shelves, high prices
The Federal Trade Commission said Monday that it is investigating the causes behind ongoing supply chain disruptions and how they are "causing serious and ongoing hardships for consumers and harming competition in the U.S. ...
Nov 30, 2021
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Automotive
Daimler: $4.3 billion quarterly profit despite chip shortage
German auto maker Daimler reaped strong profits in the second quarter as demand for its Mercedes luxury cars continued to rebound from the depths of the pandemic, generating cash that the company can invest in its shift to ...
Jul 21, 2021
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Business
Yellen 'not certain' Amazon would pay under global tax agreement
US Treasury Secretary Janet Yellen said Thursday she is "not certain" if Amazon will have to pay up under a worldwide minimum tax she is encouraging countries, including her own, to adopt.
Jul 16, 2021
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Business
Indian food delivery giant Zomato eyes $1.3bn IPO
Indian food delivery giant Zomato announced plans Thursday to raise 93.75 billion rupees ($1.3 billion) via an initial public offering, the latest firm to take advantage of a strong rally in local equities.
Jul 8, 2021
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Business
France to 'fight' for Amazon inclusion in digital tax
France said Wednesday it would make sure that internet commerce giant Amazon is subject to a minimum global tax endorsed by the Group of Seven wealthy nations.
Jun 9, 2021
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5
Business
Amazon may prove exception to global tax rules
The Group of Seven wealthy nations may have endorsed a plan to ensure the world's biggest companies pay a minimum global tax rate, but US tech behemoth Amazon may escape it.
Jun 9, 2021
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Business
Amazon taxation becomes sticking point in talks on global levies
A U.S.-driven effort to reach a global accord on taxing big tech companies' overseas profits is getting bogged down over ensnaring one firm in particular: Amazon.com Inc.
Apr 21, 2021
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