Business and Finance

UPS to cut additional 30,000 jobs in Amazon unwind, turnaround plan

A worker drives a United Parcel Service (UPS) truck on Oct. 28, 2025 in Los Angeles, California. Mario Tama | Getty Images United Parcel Service on Tuesday announced that it was planning to eliminate an additional 30,000 jobs this year as part of winding down its partnership with Amazon and a multiyear turnaround plan. CFO […]

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Health insurers tumble after Trump proposes keeping Medicare rates flat

Stock Chart IconStock chart icon Humana shares in the past day The proposal entails a net average payment increase of 0.09% for Medicare Advantage plans in 2027, according to a release from the Centers for Medicare & Medicaid Services, or CMS, on Monday. That number is significantly less than Wall Street analysts’ expectations that the

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New AI tool from Fundrise brings high-level CRE analysis to the public

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Fundrise, a Washington,

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American Airlines (AAL) 4Q 2025 earnings

American Airlines projected Tuesday that its focus on premium will “begin delivering results in 2026” as the carrier races to catch up to its far more profitable rivals and capitalize on strong demand from high-spending customers. The Fort Worth-based airline projected it will deliver nearly $2 of improvement in adjusted earnings per share at the

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US-India trade deal at ‘very advanced stage’: Indian minister

A much-anticipated trade deal between India and the U.S. is at “a very advanced stage,” India’s Minister of Petroleum and Natural Gas Hardeep Singh Puri told CNBC Tuesday. “I would try and look at the positive side, I’m not a soothsayer, I don’t know when trade deals will get signed, how long it takes …

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What are the middle powers and can they stop Trump?

(1st row from L to R): Australia’s Prime Minister Anthony Albanese, Brazil’s President Luiz Inacio Lula da Silva, South Africa’s President Cyril Ramaphosa, President of Angola and Chairperson of the African Union Joao Lourenco and Canada’s Prime Minister Mark Carney react as they attend a family photo event during a G20 Leaders’ Summit plenary session

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Puma shares surge 20% after Anta Sports buys stake for $1.8 billion

Signage at an Anta Sports Products Ltd. pop-up store in Beijing, China, on Saturday, Aug. 24, 2024. Anta is scheduled to release earnings results on Aug. 27. Na Bian | Bloomberg | Getty Images Shares of Puma surged as much as 20% Tuesday, after China’s Anta Sports said it would acquire a 29% stake in

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India and European Union have closed a ‘landmark’ free trade deal, Prime Minister Modi says

India and the European Union on Monday closed a “landmark” free trade agreement, touted as the ‘mother of all deals,’ Indian Prime Minister Narendra Modi said during a speech at the India Energy Week on Tuesday. The FTA with the EU, which represents about 25% of global GDP and about a third of global trade,

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