UPS Joins Blue-Chip Bond Market Rush Ahead of Holiday Weekend bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) United Parcel Service Inc.’s largest layoffs in its 116-year history were made possible, in part, by new technologies including artificial intelligence, CEO Carol Tomé said last week. Citing one example, she said that machine learning allows salespeople to put together proposals without having to ask pricing experts for guidance.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaZaluzhnyi Leaves as Ukraine’s Army Chief Amid Deepening RiftEpstein Co
AI Is Driving More Layoffs than Companies Want to Admit bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) United Parcel Service Inc. rose the most in two years after UBS Group AG upgraded the courier to buy, predicting the company will continue to rein in expenses following its elimination of 12,000 management jobs.Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildKing Charles Treated for Cancer in New Royal Health ScareWall Street Snubs China for India in a Historic Markets ShiftWhy NYC Apa
UPS Jumps Most in Two Years As Cost Cuts Spur UBS Upgrade to Buy bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.