UPS plans heavy holiday fees amid coronavirus-related shipment surge: WSJ

(Reuters) – United Parcel Service Inc plans to impose hefty fees on large shippers sending significantly more packages through its system during the holiday season amid the coronavirus pandemic, the Wall Street Journal reported on Friday. The novel coronavirus outbreak…

UPS plans heavy holiday fees amid coronavirus-related shipment surge

(Reuters) – United Parcel Service Inc plans to impose big fees on large shippers sending significantly more packages through its system during the holiday season amid the coronavirus pandemic, according to a new fee schedule released on Friday. The novel…

TikTok prepares advertisers for possible app ban

(Reuters) – TikTok is preparing advertisers for a possible ban of its app in the United States, ad buyers said, offering refunds for ad campaigns that are unable to run. The short-form video app’s advertising business is still nascent. TikTok’s…

U.S. judge denies bail to two men accused of aiding Ghosn escape

(Reuters) – A U.S. district judge on Friday denied bail to two Massachusetts men accused of helping orchestrate former Nissan Motor Co (7201.T) Chairman Carlos Ghosn’s escape from Japan. Judge Indira Talwani rejected bail for U.S. Army Special Forces veteran…

Wall Street Week Ahead: Bargain-hunters look to U.S. real estate stocks as S&P nears records

NEW YORK (Reuters) – As the S&P 500 approaches fresh highs, some investors hope to pick up bargains in the battered U.S. real estate sector, where values of some major stocks have been cut in half this year. Coronavirus-fueled lockdowns…

WarnerMedia restructures to focus on HBO Max, senior executives out

(Reuters) – WarnerMedia executives Bob Greenblatt and Kevin Reilly, who oversaw the creation of the HBO Max streaming business, will leave as part of a broad restructuring focused around the streaming service, the company said on Friday. The shake-up also…

WarnerMedia restructures to focus on HBO Max, senior executives out

(Reuters) – WarnerMedia executives Bob Greenblatt and Kevin Reilly, who oversaw the creation of the HBO Max streaming business, will leave as part of a broad restructuring focused around the streaming service, the company said on Friday. The shake-up also…

WarnerMedia ousts top streaming executives as part of restructuring

(Reuters) – WarnerMedia’s Bob Greenblatt and Kevin Reilly, executives who oversaw its HBO Max streaming business, will leave as part of a restructuring, the company said on Friday. The restructuring is the first major action taken by Chief Executive Officer…

Exxon Baton Rouge refinery union to seek talks over 401K change: sources

HOUSTON (Reuters) – The United Steelworkers union (USW) local representing workers at Exxon Mobil Corp’s (XOM.N) Baton Rouge, Louisiana, refinery and chemical plant are seeking talks with the company over the upcoming suspension of the employer contribution to their 401K…

Exclusive: FAA employees report industry pressure, question agency safety push – survey

WASHINGTON (Reuters) – Federal Aviation Administration (FAA) safety employees reported facing “strong” external pressure from industry and raised alarms the agency does not always prioritize air safety, according to an independent survey seen by Reuters on Friday. The survey report…