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UPS says its profit will fall after it reaches a Teamsters deal (edition.cnn.com)

submitted 1 year ago by [email protected] to c/[email protected]

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UPS’s tentative labor deal with the Teamsters hasn’t even taken effect yet. But it has already taken a bite out of its earnings and revenue, as both fell in the second quarter ahead of the deal being reached.

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[–] [email protected] 18 points 1 year ago

And stocks fall so people get big mad. Crazy how speculative markets basically rule policy and public opinion.

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