UPS Promotes COO David Abney to CEO Position

June 6 (Bloomberg) -- Bloomberg’s Scarlet Fu reports that UPS has named David Abney as the company’s new Chief Executive Officer to replace Scott Davis upon his retirement. She speaks on Bloomberg Television’s “Bloomberg Surveillance.”
Baoding Tianwei Says It Has No Money to Pay Debt
46:16 - Another Chinese company is saying that it may not meat its interest payments which are due today. Bloomberg’s Christine Hah reports on “Trending Business.” (Source: Bloomberg)
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