UPS Announces a Business Transformation Program
The company announced that it is moving forward with 4 initiatives to help boost future earnings.
The four initiatives are a continued expansion of high-growth international markets, a profitable expansion from both B2B and B2C e-commerce, penetration of the Healthcare and Life Sciences logistics market, and enhanced services and value for Small- and Medium-sized Businesses.
UPS expects these actions to result in an incremental increase to adjusted earnings per share in the range of $1.00 to $1.20 by 2022.
Starbucks Looks to Boost its LEED®-certified Store Strategy
The company announced that it’s launching a “Starbucks Greener Stores” framework which looks to design, build and operate 10,000 “Greener Stores” globally by 2025.
The move is expected to save the company an incremental $50 million in utilities over the next 10 years.
It adds to Starbucks focus on sustainability across all aspects of its business, including achieving 99 percent ethically-sourced coffee, and reducing single-use plastic straws globally by 2020.
Facebook Expands its Fact-Checking Program
The tech giant announced that it has built a machine learning model that identifies potentially false content on the platform.
Once a photo or video is flagged, it will then be sent to the company’s independent, third-party fact-checkers to review and rate the accuracy of a photo or video.
The move is the latest attempt by Facebook to combat misinformation and false news on the platform.