Author: Michelle Chapman

UPS will become the primary air cargo provider for the United States Postal Service.

Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion.

Exxon Mobil’s third-quarter profit declined compared with last year when the oil giant put up record numbers as oil prices soared, but net income jumped 15% compared with Q2.

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.

NHTSA is investigating General Motors’ Cruise autonomous vehicle division after receiving reports of incidents where vehicles may not have used proper caution around pedestrians.

Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas.

Revenue declined at UPS Inc. in the second quarter, and the package delivery company lowered its full-year revenue expectations by $4 billion as package volumes decline.

Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs.

Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing.

NEW YORK — Tesla workers at a factory in New York are launching a campaign to organize a union.