News
- BusinessReuters
UPS profit falls on high labor costs, weak small-package demand
Delivery companies such as UPS and FedEx have seen demand normalize following a boom during the pandemic, when home-bound consumers were forced to shop online. A new labor contract with the Teamsters union is also squeezing the Atlanta-based company's profit.
1 min read - BusinessReuters
PepsiCo beats quarterly revenue estimates on price hikes, steady demand
Consumers have remained resilient and shelled out money for PepsiCo's Lays chips and 7UP products across the company's international markets, helping offset a slowdown witnessed in its major market United States. Several rounds of price hikes in the U.S. have led consumers in the region to push back on the company's sodas and juices as sticky inflation makes customers cautious with their spending. PepsiCo's average prices jumped 5% for the quarter ended March 23, while organic volume slipped 2
1 min read - BusinessMotley Fool
Vertex Pharmaceuticals Just Made 2 Big Moves. Is the Stock a Buy?
Vertex is broadening its portfolio.
4 min read - BusinessMotley Fool
This High-Yield Stock's More Conservative Approach Could Pay Big Dividends Down the Road
Kinder Morgan is adjusting its long-term leverage target to a more conservative range.
5 min read - LifestyleUSA TODAY
Need a poem? How one man cranks out verse − on a typewriter − in a Philadelphia park
Marshall James Kavanaugh takes a battered old typewriter to a park and lets people give him a prompt for a poem. They walk away with a piece of art.
5 min read - BusinessReuters
Morning Bid: Tanking Tesla reports, Europe business beats
World markets have cheered up a bit this week, but ailing Tesla's tanking stock price faces a critical earnings test later on Tuesday and this month's European business pulse proved surprisingly racy. Relief at cooling Middle East tensions helped steady the ship on Monday after the worst week on Wall Street since 2022 - with bellwether chip giant Nvidia recouping some of Friday's 10% lunge as Big Tech megacaps get set to report first quarter updates over three days of a heavy earnings diary. F
5 min read - USGreen Bay Press-Gazette
4 concerns downtown Green Bay stakeholders raised about 8-story high-rise plan
Here's what downtown churchgoers, business owners and residents wanted to know about a potential eight-story development in downtown Green Bay
5 min read