Shipping network sees delivery spike as online sales pick up amid lockdown, inevitable raising the cost at UPS. The term “second Christmas” seem to stick to “United Parcel Service Inc” during the COVID-19 pandemic as the “U.S. e-commerce companies” have seen a surge in the surcharges while the...

Southwest Airlines Co’s CEO sees the company’s “low-cost philosophy, strategy and structure” serving them “very well”. In a statement, Gary Kelly, the Chief Executive Officer of Southwest Airlines Co stated, he expects a “brutal low-fare” environment in the U.S. aviation sector once...

Thousands of officials working for American business in China are stuck outside the country. The American businesses that are in China are most worried about the disruption of the travel industry that has taken place across the globe for many are now slashing bonus and compensation figures as one...

Amid shut down threats from the U.S. President, Germany has opened doors for Twitter. Germany will be open for Twitter, in case the U.S. President decides to act on his threats of closing it down, reports Reuters. President Trump has threatened to shut down the California-based company after it...

Ever since the outbreak of the novel coronavirus pandemic and the race to find out a vaccine or a cure for the disease caused by the virus called Covid-19, Merck & Co Inc has more or less remained on the sidelines.   But bow the company is acquiring Austrian vaccine maker Themis...

Net income of HP Inc. amounted to $ 1.442 billion according to the results of the first six months of the 2019-2020 financial year ending April 30. This is 9% lower compared to the same period of the previous financial year, the company reports. Diluted earnings per share in the reporting period...

Fiat Chrysler Group (FCA) announced a phased launch of two plants in the state of Mexico; BMW will begin production on May 27. “We are opening with 40% of employees at each of the enterprises. This is an orderly and safe launch according to the protocols of the Ministry of Health,” the publication...

General Motors planned on a “seven business days” operation model to cope with shrinking exports. This month, General Motors has planned to make a sharp reduction in the output for its unit in South Korea which produces the company’s “new Trailblazer sport-utility vehicle”. The decision has been...

Financial gains remained the primary motive of hackers conducting cyber attacks since 2019, concluded a recent annual report by Verizon called the Data Breach Investigations Report.   The report was published on the very day that the airlines firm EasyJet said that its servers were hacked...