UPS cut its annual adjusted operating margin to between 10.8% and 11.3%, down from the previous forecast of 11.8%.

The fund will target investments in projects that are aligned with Vision 2030, Crown Prince Mohammed Bin Salman’s plan to transform the Saudi economy away from reliance on oil.

The company was forced to lower its forecast of 737 Max production from between 400 and 450 planes to 375 to 400 aircraft.

Andrea Montecchi and Ben Sellers, business advisors with Oliver Wight, explain the basics of integrated business planning (IBP), and why it’s such an important process for companies today.

Roughly 40% of suppliers said they have had to lay off some employees since the work stoppages started in September.

The Black Friday Early Access sale for members who are part of the My Best Buy Plus and My Best Buy Total loyalty programs will begin October 27, 2023.

The decision to file for bankruptcy comes just two months after the organization’s battery supplier, Proterra Inc., also filed for bankruptcy.

Lawyers for the two companies said that they’ve agreed in principle to a settlement that will end a lawsuit Rite Aid filed against McKesson over their supply agreement.

By the end of 2023, Primark will have opened eight stores in the U.S. with a plan to open 60 stores in the United States by 2026.

Boxing Day is expected to overtake Black Friday as the busiest shopping day of 2023 in Canada while the holiday fell to sixth place on the U.S.'s list.