UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said. Shares plunged.

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

Amazon may have started in retail, but its biggest profits now come from advertising and cloud computing, with rivals ramping up their own strategies.

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com , and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.

Amazon Prime customers have been warned of a new hacking campaign that could cost them dearly—here’s what you need to know.

Got retail therapy on the mind? Head over to Amazon to save some money on your splurges. Whether you're looking for a Bluetooth speaker to drown out the latest news cycle or a Valentine's Day gift that'll impress your lover, there's something in the mix for you.

Amazon.com was sued on Wednesday by consumers who accused the retailing giant of secretly tracking their movements through their cellphones, and selling data it collects. According to a proposed class action in San Francisco federal court,

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Right now, you can grab this versatile monitor for just $70, down from its regular price of $130 – that’s a hefty 46% discount that puts $60 back in your pocket. While portable monitors typically command premium prices, this deal makes multi-screen functionality surprisingly affordable.

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UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The issue is that there are few near-term catalysts to turn things around. Patient investors buying in now will likely be rewarded eventually, but it will likely take a long time for the stock to bounce back.