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USPS Reports First Drop In Package Volume In Nearly A Decade 

The US Postal Service (USPS) is in a dangerous death spiral as it could run out of cash by the mid-2020s. The postmaster general warned in May that unless significant reforms are made to the quasigovernmental .....»»

Category: blogSource: zerohedgeAug 13th, 2019

Wall Street ends wild week with a drop

U.S. stocks fell Friday following renewed jitters over the U.S.-China trade war, capping a week of trading that saw big swings and high volume. Fred Katayama reports......»»

Category: videoSource: reutersAug 9th, 2019

London Real Estate Suffers Largest Drop In A Decade

London continued to lead the pack amid the UK's weakening property market at the start of 2019, according to Bloomberg, which reports that prices have fallen the most since the financial c.....»»

Category: blogSource: zerohedgeApr 2nd, 2019

Postal Service reports more losses as mail delivery slumps

The U.S. Postal Service is reporting another quarterly loss. That's because strong gains in package deliveries were outweighed by an unrelenting decline in mail volume and the costs of its health care and pension obligations......»»

Category: topSource: moneycentralMay 11th, 2018

Wall Street rises to cap off rocky year

Wall Street advanced in relatively low-volume trading on Monday as revelers gathered to ring in 2019, marking the end of the worst year for U.S. stocks in a decade. Fred Katayama reports......»»

Category: videoSource: reutersDec 31st, 2018

Long-delayed American Dream megamall starts hiring ahead of fall opening

New Jersey’s American Dream megamall…;—featuring a water park, aquarium and performing arts center—has started hiring as it following a nearly two-decade construction process. reports that... To view the full story, click the title link......»»

Category: blogSource: crainsnewyork22 hr. 38 min. ago

Recovery signs boost jeweller Pandora despite profit drop

Smaller sales declines in key markets Britain and Italy and a step up in restructuring efforts helped to lift Danish jewellery maker Pandora's beaten down shares on Tuesday, despite a drop in second-quarter earnings. Edward Baran reports......»»

Category: videoSource: reutersAug 20th, 2019

Single family housing starts jump despite an overall drop in home building

New home construction dropped in July, but there were some spots. CNBC's Diana Olick reports......»»

Category: realestateSource: cnbcAug 16th, 2019

Mortgage applications tick higher as rates drop

CNBC's Diana Olick reports the latest weekly mortgage application data......»»

Category: realestateSource: cnbcAug 14th, 2019

India"s passenger vehicle sales drop at steepest pace in nearly two decades

India's vehicle sales dived in July, highlighting a deepening crisis in a car sector that employs over 35 million people. David Pollard reports......»»

Category: videoSource: reutersAug 13th, 2019

Tesla challenger Nio vows big comeback after taking a hit over battery recall

One of Tesla Inc.’s biggest rivals in the electric vehicle space has seen its sales drop by more than a third after a voluntary recall in June. TechCrunch reports that Shanghai-based Nio Inc. delivered 837 electric vehicles in July, about a 38 p.....»»

Category: topSource: bizjournalsAug 13th, 2019

Saudi Aramco still world"s most profitable company despite oil price hit

Top oil producer Saudi Aramco maintained its position as the world’s most profitable company on Monday even as it reported a 12% drop in first-half net income to $46.9 billion (£38.9 billion) due to lower oil prices. Francis Maguire reports......»»

Category: topSource: moneycentralAug 12th, 2019

S.Korea to drop Japan from its fast-track trade "white list"

South Korea said on Monday it plans to drop Japan from its "white list" of countries with fast-track trade status from September, a tit-for-tat move that deepens a diplomatic and trade rift between the two countries. Ciara Lee reports.....»»

Category: videoSource: reutersAug 12th, 2019

Saudi Aramco still world"s most profitable company despite oil price hit

Top oil producer Saudi Aramco maintained its position as the world’s most profitable company on Monday even as it reported a 12% drop in first-half net income to $46.9 billion (£38.9 billion) due to lower oil prices. Francis Maguire reports......»»

Category: videoSource: reutersAug 12th, 2019

PSA, Dongfeng to drop two China auto plants, halve workforce - reports

Peugeot maker PSA Group and partner Dongfe.....»»

Category: videoSource: reutersAug 12th, 2019

Tradeweb Markets reports July 2019 trade volume up 44.7% y-o-y to $749.3B

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 8th, 2019

Cathay Pacific forward bookings drop amid Hong Kong protests

Cathay Pacific is facing a decline in forward bookings for travel to Hong Kong "in the region of double digits" due to widespread protests in the Asian financial centre, a senior company executive said on Wednesday. David Pollard reports......»»

Category: videoSource: reutersAug 7th, 2019

FedEx ends Amazon ground deliveries

FedEx said it's terminating its contract with Amazon.com for small-package ground deliveries. Fred Katayama reports......»»

Category: videoSource: reutersAug 7th, 2019

IBM sees magnetic tapes as mainstream data storage media in next decade

While data volume will expand exponentially from proliferating 5G, IoT, .....»»

Category: topSource: digitimesAug 7th, 2019

Labor Market Slowing: Job Openings Drop To 4 Month Low As Hiring Slows Most In 2 Years

Just in case the last few payrolls reports weren't sufficient to inform the general public that .....»»

Category: blogSource: zerohedgeAug 6th, 2019

US Foods reports Q2 total case volume increased 1.7%

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 6th, 2019