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UPS announces it will cut 12K jobs

UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply.

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Southwest’s holiday cancellations investigated by feds

The federal government is investigating whether Southwest Airlines knowingly scheduling more flights than it could handle in December, when it ended up canceling nearly 17,000 flights.

Elon Musk’s next drama: A trial over his tweets about Tesla

While still grappling with the fallout from a company he did take private, beleaguered billionaire Elon Musk is now facing a trial over a company he didn’t.

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