UPS

Lifestyle

UPS lifts ban on beards in diversity push

United Parcel Service Inc. is loosening its guidelines on employee appearance, including lifting a longstanding ban on facial hair and allowing natural Black hairstyles like Afros and braids.

Markets

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.