UPS slaps shipping limits on Gap, Nike to manage E-Commerce surge.
- Delivery giant #UPS recently imposed volume restrictions on Gap, #Nike, and some other large retailers, as the pandemic-driven surge in online shopping puts pressure on its capacity.
- The S&P and Dow Jones Indices will launch cryptocurrency indices in 2021, making them the latest major finance companies to enter the nascent asset class.
- Purchasing managers’ surveys add to signs economic recovery continues to have momentum in the U.S., while Europe seems set to end 2020 as a weak spot for the global economy.