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USPS says it will resume accepting inbound packages from China, Hong Kong

USPS says it will resume accepting inbound packages from China, Hong Kong

Finance News

The U.S. Postal Service said Wednesday it will resume accepting inbound mail and packages from China and Hong Kong, just hours after it suspended service from those regions. “The USPS and Customs and Border Protection are working closely together to implement an efficient collection mechanism for the new China tariffs to ensure the least disruption […]

USPS says it will resume accepting inbound packages from China, Hong Kong Read More »

Uber beats fourth-quarter revenue expectations but offers soft guidance

Uber beats fourth-quarter revenue expectations but offers soft guidance

Finance News

Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Uber shares fell around 7% in premarket trading Wednesday after the ride-sharing company reported fourth-quarter results that beat analysts’ expectations for revenue but offered soft guidance. Here’s how the company

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Apple shares fall 3% in premarket after China reportedly considers probe into App Store practices

Apple shares fall 3% in premarket after China reportedly considers probe into App Store practices

Finance News

An Apple Store in the Jiefangbei commercial district, adorned with a golden apple and snake motif to celebrate the Chinese Year of the Snake, on Jan. 14, 2025 in Chongqing, China.  Cheng Xin | Getty Images News | Getty Images Apple shares fell on Wednesday after Bloomberg reported that Chinese regulators are considering whether to

Apple shares fall 3% in premarket after China reportedly considers probe into App Store practices Read More »

Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates

Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates

Finance News

FILE PHOTO: The logo of Toyota is pictured in Cuautitlan Izcalli, Mexico, January 30, 2025  Raquel Cunha | Reuters Japanese automaker Toyota Motor on Wednesday reported a second consecutive fall in quarterly profit, as it navigates competition in China and a market shift toward electric vehicles.  Here are Toyota’s results compared with estimates from analysts,

Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates Read More »

USPS temporarily suspends some inbound packages from China, Hong Kong

USPS temporarily suspends some inbound packages from China, Hong Kong

Finance News

A United States Postal Service worker pushes a cart of packages in New York City, on Dec. 4, 2023. Brendan Mcdermid | Reuters The U.S. Postal Service said Tuesday it’s temporarily suspending all inbound packages from China and Hong Kong Posts. The change is effective immediately and will remain “until further notice,” according to an

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Snap shares soar on better-than-expected profit and revenue

Snap shares soar on better-than-expected profit and revenue

Finance News

The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles. Andrej Sokolow | Picture Alliance | Getty Images Snap shares jumped rallied in extended trading on Tuesday after the company reported better-than-expected fourth-quarter results. Here is how the company did compared with Wall Street’s expectations. Earnings per share: 16 cents adjusted vs.

Snap shares soar on better-than-expected profit and revenue Read More »

Amazon to face legal action after Quebec warehouse closures trigger mass layoffs

Amazon to face legal action after Quebec warehouse closures trigger mass layoffs

Finance News

An Amazon warehouse and distribution centre in an industrial park in Montreal, Quebec, Canada, on Thursday, Sept. 1, 2022.  Graham Hughes | Bloomberg | Getty Images Amazon is set to face legal action from a Canadian union after the company’s decision to wind down warehouse operations in Quebec. The Federation of National Trade Unions, known

Amazon to face legal action after Quebec warehouse closures trigger mass layoffs Read More »

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