UPS is downsizing, planning to eliminate 20,000 jobs and close 73 buildings by June 2025 to save costs due to reduced Amazon deliveries. This is part of the "Network Reconfiguration and Efficiency Reimagined" initiative, aiming for $3.5 billion in total cost savings. CEO Carol Tome sees these changes as essential. (UPI)
Amazon clarified that it won't display tariff costs next to product prices, contrary to a report that sparked a reaction from the Trump administration. The proposed change was only considered for Amazon's Haul service and was never approved. President Trump initially criticized the move as "hostile and political." (AP)
A recent study on U.S. life expectancy from 1900 to 2000 reveals significant regional variations. Many states in the South showed only minimal improvements, but Northeastern and Western states, along with Washington, D.C., saw substantial increases. West Virginia ranked among the worst states for longevity. (CBS News)
Consumer sentiment worsened in April, impacting the economy amid President Trump's tariffs. The downward trend in sentiment, along with warnings of price hikes and a possible recession, has raised concerns. Companies are planning price increases due to tariffs, while recession fears grow on Wall Street. (ABC News)
Florida lawmakers passed a bill banning fluoride in water systems, and now awaits Gov. Ron DeSantis' signature. If enacted, Florida would become the second state to do so after Utah. Supporters argue it saves money and is unnecessary for water quality, while opponents highlight fluoride's dental health benefits. (NBC News)
Today’s Headlines (05/01/25)
