UPS to Acquire Happy Returns, a Leader in Reverse Logistics

“The progress we’ve made during the past two years has created a company that is more nimble and more focused on the solutions our customers want. We are delivering cutting-edge innovation faster than our competitors. And, we have improved our financial profile and increased shareholder value by more than 90% since we launched,” said Meg Whitman, CEO of HPE. “Going forward, we will accelerate profitable growth through a focus on higher margin services and solutions. We will redesign our company to deliver Hybrid IT and Edge innovations tailored to our services strengths.” HPE’s strategy remains focused on three key pillars. First, to make Hybrid IT simple through its data center technology, systems software, private cloud and public cloud partnerships. Second, to power the Intelligent Edge through offerings from Aruba in campus and branch networking, and the Industrial Internet of Things with products like Edgeline and the Universal IOT software platform. Third, to provide Advisory, Professional and Operational Services capabilities, including giving customers financial flexibility through consumption-based models. Click Read More below for additional information.

In Order No. 4257, which examined the current ratemaking system, the Commission identified three principal areas of the PAEA system that encapsulate the nine objectives: (1) the structure of the ratemaking system; (2) the financial health of the Postal Service; and (3) service. The Commission concluded that the system had achieved some of the goals of these areas, but the overall system had not achieved the objectives taking into account the factors of the PAEA. In brief, the Commission’s findings were as follows: *The system was largely successful in achieving the goals related to the structure of the ratemaking system. However, the Commission concluded that the ratemaking system had not increased pricing efficiency. *The system had not maintained the financial health of the Postal Service as intended by the PAEA. While the Postal Service had generally achieved short-term financial stability, both medium-term and long-term financial stability measures had not been achieved. *High-quality service standards had not been maintained during the 10 years following the enactment of the PAEA.

Walmart has committed $5 million in support of Hurricane Maria relief efforts. This builds on the commitments previously announced by Walmart and the Walmart Foundation totaling $35 million to support 2017 hurricane assistance in response to Hurricane Harvey and Hurricane Irma. Walmart operates 45 retail facilities in Puerto Rico, which includes two distribution centers and a satellite headquarters, supported by nearly 15,000 associates across the Island. The $5 million commitment will support organizations helping with local relief efforts supporting those in need. Click Read More below for additional detail.