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US Postal Service strikes multi-year deal with DHL unit

US Postal Service strikes multi-year deal with DHL unit

WASHINGTON, May 28 (Reuters) - The U.S. Postal Service said Thursday it had reached a multi-year deal with DHL eCommerce for last-mile parcel delivery services in the United States expected to be worth more than $10 billion.
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DHL eCommerce and USPS Forge $10 Billion Last-Mile Delivery Agreement

DHL eCommerce and USPS Forge $10 Billion Last-Mile Delivery Agreement

DHL eCommerce and USPS Forge $10 Billion Last-Mile Delivery Agreement
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Dollar Tree raises annual profit forecast on steady demand

Dollar Tree raises annual profit forecast on steady demand

May 28 (Reuters) - Dollar Tree raised its annual profit forecast on Thursday, buoyed by resilient demand for affordable essentials from budget‑conscious shoppers and its efforts to offset higher costs, sending its shares up about 12% in premarket trading.
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Why the Dow Moves Differently Than the S&P 500

Why the Dow Moves Differently Than the S&P 500

The Dow Jones Industrial Average (DJIA) is a stock market index that differs from many others due to its price-weighted methodology. Unlike indices...
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Merck Declares Third-Quarter 2026 Dividend, Impacting Shareholders

Merck Declares Third-Quarter 2026 Dividend, Impacting Shareholders

Merck Declares Third-Quarter 2026 Dividend, Impacting Shareholders
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Ardent Launches UK Self-Storage Platform with Plans for Expansion

Ardent Launches UK Self-Storage Platform with Plans for Expansion

Ardent Launches UK Self-Storage Platform with Plans for Expansion
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US Postal Service halts non-essential spending as cash crisis deepens

US Postal Service halts non-essential spending as cash crisis deepens

By David Shepardson May 28 (Reuters) - The U.S. Postal Service said Thursday it is suspending non-essential spending on travel, office supplies and consultants as it faces a mounting cash crisis.
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Micron and Memory Chip Stocks Propel U.S. Stock Market to New Highs

Micron and Memory Chip Stocks Propel U.S. Stock Market to New Highs

Micron and Memory Chip Stocks Propel U.S. Stock Market to New Highs
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Prologis Reports Strong Growth in Logistics Real Estate Market Amid Supply Tightening

Prologis Reports Strong Growth in Logistics Real Estate Market Amid Supply Tightening

Prologis Reports Strong Growth in Logistics Real Estate Market Amid Supply Tightening
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Prologis Reports Strong Growth Prospects for U.S. Logistics Real Estate Amid Tightening Supply

Prologis Reports Strong Growth Prospects for U.S. Logistics Real Estate Amid Tightening Supply

Prologis Reports Strong Growth Prospects for U.S. Logistics Real Estate Amid Tightening Supply
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SpaceX set for fast entry into US, global indexes under new FTSE rules

SpaceX set for fast entry into US, global indexes under new FTSE rules

May 26 (Reuters) - Elon Musk's SpaceX is eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules, according to index provider FTSE Russell.
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Micron Technology Surges as UBS Raises Price Target Amid AI Optimism

Micron Technology Surges as UBS Raises Price Target Amid AI Optimism

Micron Technology Surges as UBS Raises Price Target Amid AI Optimism