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UPS offering buyouts to full-time U.S. drivers represents the first voluntary severance program for unionized workers in the company’s 117-year history . At the time of writing, UBS has cut its UPS price target to $124 from $128 citing slowing demand and also international headwinds. The UPS driver buyout packages are part of the largest network reconfiguration ever, and delivery driver workforce changes include eliminating around 20,000 jobs right now . UPS corporate announcement page – Source: UPS UPS Offering Buyouts Amid Slowing Demand And UBS Price Target Cut Source: The Wall Street Journal UPS offering buyouts comes as the Atlanta-based company executes massive operational changes to address slowing demand issues. The UBS price target reduction also reflects concerns about international business pressures affecting the shipping giant’s profitability right now. UPS stated: “For the first time ever, in recognition of these unique circumstances, we are looki...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Shiba Inu is undoubtedly one of the core tokens of the cryptocurrency system. The meme coin took the internet by storm after its launch in 2020. SHIB’s 2021 price rally was memorable, leaving investors spellbound for the rest of their lives. Will SHIB ever be able to spark a rally like that? Let’s find out. Also Read: Dogecoin Eyeing $1.3 in 2025? When DOGE Could Set New ATH Shiba Inu: Core Proceedings and What’s Happening Source: Watcher Guru Shiba Inu is currently sitting at $0.00002187, up 4% in the last 24 hours. The token has lately been projecting a slow momentum, noting a 20% and 19% downtick in the last week and month. Furthermore, Bitcoin’s low price momentum has added more pressure to the altcoin market, with coins like SHIB raking in slow gains. The year 2024 has been significant for SHIB in many ways. Talking about it in detail, Lucie, SHIB’s marketing lead, shared on X how 2024 impacted SHIB in many ways. Regarding Shibarium, the platform went throug...

VeChain has spiked nearly 250% in the last 30 days, delivering stellar returns to investors in a short period. VET was trading at $0.020 in November and is now trading at the $0.066 mark in December. The leading altcoin skyrocketed in the charts in just 30 days and is among the top-performing cryptocurrencies this month. The rally is attracting heavy buying sentiments, with investors flocking towards VET for profits. Also Read: Shiba Inu: How Many SHIB Tokens You Need To Make $1 Million? Source: Coingecko VeChain Kick-starts a Rally: Will VET Cross $1 Price Target? The supply chain-based cryptocurrency had reached an all-time high of $0.281 in April 2021. It’s been more than three and a half years since VeChain failed to reclaim its lost territory. Despite the ongoing bull run, the maximum VET price surge could be 250% in a month. It needs to rise by nearly 1,450% from its current price of $0.066 to reach $1. Also Read: Cardano: Can ADA Break The $2 Price Ceiling By Mid December 2...