UPS CEO Abney says succession plan unchanged by COO’s retirement
27 October 2019 |
6:01 am
David Abney, chairman, and chief executive officer at UPS, discusses third-quarter results, the U.S.-China trade war, succession questions surrounding the retirement of Chief Operating Officer Jim Barber, and drone delivery plans. He speaks with Bloomberg’s David Westin on “Balance of Power.”
Related
2 hours ago
The measures could halve customs paperwork and checks on meat, dairy and other food products coming to Northern Ireland.
2 days ago
Nigeria's dependence on crude oil makes its economy vulnerable. But the transition to an economy not based on oil won't be easy.
4 days ago
India invested heavily in Afghanistan's development projects after the 2001 US invasion of the country. It is unclear what impact the Taliban's return to power will have on these projects.
4 days ago
Officials are scrambling to help clear supply chain backlogs, with two of the US's largest ports operating 24 hours per day as traffic jams of container ships wait offshore. Also, the IMF unveils a new mechanism for rich countries to lend or donate to poor nations, and Hollywood braces for the biggest crew strike since the 1940s.
3 days ago
Turkish President Recep Tayyip Erdogan had fired three central bankers via decree. Turkey's currency has lost a fifth of its value against the US dollar this year.
3 days ago
Migrants and asylum-seekers in eastern Poland say they have been illegally pushed back to neighboring Belarus multiple times without due asylum process. DW reports on the humanitarian crisis from the border region.
2 days ago
Hundreds of truck drivers wait for dozens of ships to unload their containers in California as the White House announces that it will now work 24 hours a day in an attempt clear the backlog.
1 day ago
US real estate scion Robert Durst was sentenced Thursday to life in prison with no possibility of parole for the killing of his best friend.
24 mins ago
Arrivederci, Alitalia: Toubled Italian airline shuts down after 75 years. After 75 years of service, Alitalia is closing down. Italy's national carrier had failed to turn a profit in over 20 years, and struggled to adapt to low-cost competition. ... After 75 years of service, Alitalia is closing down.
3 days ago
The family of former South African President Nelson Mandela is putting roughly 100 of his belongings up for auction to help fund a memorial garden in his honor, including some of his iconic shirts. It's the trademark clothing of an iconic leader and now Nelson Mandela's exuberant shirts are among around 100 of his possessions being put up for auction.
3 days ago
Taiwanese residents voice anguish and outrage after 46 people perished in an inferno that tore through a dilapidated housing block, as investigators searched for what sparked the island's deadliest fire in decades.
4 hours ago
After the European car industry moved much of its production into Eastern Europe, some believe the next step is Africa, both for production and a growing consumer market. Should Germany's eastern neighbors be worried?
Latest
22 mins ago
Pope Francis expresses his compassion for the victims of the recent attacks in Norway, Afghanistan and England stressing that "violence begets violence."
24 mins ago
Despite the threat of violence, we meet those determined to protest for women's rights as the Taliban consolidates its control of the country. Also the Mexican Supreme Court rules that criminalisation of abortion is unconstitutional, paving the way for legalisation. Plus the activists in Togo who are fighting against online harassment of women. This as some 45 percent of women in West Africa are said to be victims of cyber-bullying.
24 mins ago
Arrivederci, Alitalia: Toubled Italian airline shuts down after 75 years. After 75 years of service, Alitalia is closing down. Italy's national carrier had failed to turn a profit in over 20 years, and struggled to adapt to low-cost competition. ... After 75 years of service, Alitalia is closing down.
26 mins ago
CCTV footage captures the moment a thief rams an allegedly stolen front-end loader into a shop and attempts to make off with two motorcycles in the Australian state of Queensland on Friday morning. Police give chase as the driver of the tractor ditches the motorcycles and attempts to flee through the streets of Ipswich, west of Brisbane.
2 hours ago
In a rare show of unity, British Prime Minister Boris Johnson and opposition leader Keir Starmer visit the scene where lawmaker David Amess was killed in Leigh-on-Sea, east of London, along with the Speaker of the House of Commons Lindsay Hoyle and Home Secretary Priti Patel. Amess, 69, was talking with voters at a church when he was stabbed to death, in what the police have said was a terrorist attack.
2 hours ago
An Australian long-distance swimmer breaks the world record for the most number of swims across the Channel between England and France. Chloe McCardel, 36, made the swim for the 44th time, breaking the previous record of 43 she had held jointly with British swimmer Alison Streeter.