U.S. job growth accelerated in January and wages increased by the most in nearly two years.
Read More US labor market sizzles; delivers large job and wage gainsTag: UPS
UPS Cutting 12K Jobs, Citing Higher Costs
The mail delivery company UPS announced another round of job cuts.
Read More UPS Cutting 12K Jobs, Citing Higher CostsWall Street tumbles to sharply lower close as abrupt sell-off snaps rally
U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street’s impressive rally.
Read More Wall Street tumbles to sharply lower close as abrupt sell-off snaps rallyUPS fires about 35 newly organized US workers, Teamsters union says
The Teamsters union that represents U.S. workers at UPS said it would respond to the firing of about 35 newly organized workers by filing unfair labor practice charges and potentially striking.
Read More UPS fires about 35 newly organized US workers, Teamsters union saysUPS And Teamsters Union Reach Labor Deal, Avoiding More Strikes
On Tuesday, UPS and the Teamsters union, which represents approximately 340,000 workers at the package carrier, announced a tentative labor agreement that includes raises for both full-time and part-time employees avoiding a potential strike that was scheduled to begin next week.
Read More UPS And Teamsters Union Reach Labor Deal, Avoiding More Strikes