UPS to cut 30,000 jobs in 2026 as company pivots from Amazon

Mainstay Capital Management CEO and founder David Kudla joins ‘Mornings with Maria’ to discuss his outlook for stocks, A.I.’s massive expansion and the surging energy demand powering data centers worldwide. The United Parcel Service aims to cut up to 30,000 operational roles in 2026 as part of its transformation strategy, CFO Brian Dykes announced during […]

LA woman spent $50K building a company that sold for $22M only to buy it back. What aspiring entrepreneurs should know

In the world of startups, the goal for many founders is not to grow their business into a mature operation, but to scale quickly and make a big exit. Famous examples include Facebook’s multi-billion dollar acquisitions of Instagram and WhatsApp, as well as Microsoft’s acquisition of Github, which made the founders of those startups instant […]

Jensen Huang net worth tops $180 billion as Nvidia becomes $5-trillion company| Business News

The surge in the stock of Nvidia Corp. has not only made it the first $5-trillion company in the world, but also propelled Jensen Huang’s net worth towards $200 billion. Nvidia CEO Jensen Huang has dismissed concerns about an AI bubble. (Reuters) According to the Forbes’ Real-Time Billionaires Index, Huang’s net worth rose 4.35%, or […]

Does Sachin Tendulkar own this smallcap stock that’s soared 13,000% in a year? Company clarifies| Business News

Rumours of Sachin Tendulkar owning a certain smallcap stock have sent it soaring 13,000% in a year, so much so that the company has had to issue a clarification. Former India cricketer Sachin Tendulkar. (AFP) There’s circulation of misinformation that the legendary cricketer Sachin Tendulkar has invested in RRP Semiconductors Ltd., and “we feel because […]