You are currently viewing UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply – CNN

UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply – CNN

UPS reported a sharp drop in revenue and profit in the second quarter. The company also cut its profit forecast, expecting narrower margins in the wake of its tentative deal with the Teamsters union.… [read more]

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