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Earnings Report

Ford delays autonomous vehicle service to 2022

The Dearborn, Michigan-based automaker said its “mobility” segment – which includes the autonomous vehicle program – operated at a $368 million loss for the quarter.

UPS slashes spending, halts stock buybacks

UPS has spent billions of dollars in recent years to upgrade its delivery network with more sortation capacity and automated facilities so that it can handle delivery surges, like during the holiday season.