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(Bloomberg) -- United Parcel Service Inc.’s largest layoffs in its 116-year history were made possible, in part, by new technologies including artificial intelligence, CEO Carol Tomé said last week. Citing one example, she said that machine learning allows salespeople to put together proposals without having to ask pricing experts for guidance.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaZaluzhnyi Leaves as Ukraine’s Army Chief Amid Deepening RiftEpstein Co

The days of the 99 cent Egg McMuffin are never coming back.  Our central bank has been treating our currency like toilet paper, and our politicians in Washington have been borrowing and spending trillions of

UPS said this week that it would be fine-tuning its operations and laying off staff, as volumes declined in the most recent quarter.

UPS plans to layoff nearly 12,000 employees following a massive year-over-year decline in revenue, company officials told USA TODAY Tuesday morning. The workforce reduction is part of an effort to

Elon Musk's Neuralink says it has implanted its first chip in a human brain. It's Tuesday's news.