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UPS seen at ‘breaking point’ as pilots lament too few aircraft

Bloomberg United Parcel Service Inc. was already in trouble with Wall Street over a long-term investment plan to cope with soaring e-commerce. Now the company is clashing with its pilots union because of a short-term fix for the same challenge. Aviators are angry that UPS has turned to third-party cargo airlines to help make up for a shortage of aircraft ...

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Amazon stock falls after new round of Trump rants

Bloomberg Amazon.com Inc. fell on April 2 after a fresh round of critical comments from President Donald Trump and a Republican senator. In his latest Twitter rant, Trump said “Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed. Also, our fully tax paying retailers ...

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France’s Auchan, Casino to form purchasing alliance

Bloomberg Casino Guichard Perrachon SA and Auchan Retail are in exclusive talks to form a global purchasing alliance to help them negotiate better prices as competition in the French grocery market increases. The partnership would cover major national and international consumer-goods makers, the companies said in a statement. They expect it would help fuel the development of French suppliers abroad ...

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