The Soaring Press

ATLANTA  —  United Parcel Service (UPS) is offering a voluntary buyout program with a financial package for its full-time U.S. drivers as part of a major network reconfiguration, allowing drivers to choose whether to leave while maintaining their earned retirement benefits. On July 3, UPS released a statement on its website about a voluntary buyout program for U.S. drivers, offering a financial package for those who choose to leave the company. The program comes as UPS undertakes what it calls the "largest network reconfiguration in its history" to adapt to a changing business landscape. The program would allow drivers to receive a payout in addition to earned retirement benefits, such as pension and healthcare plans. "As we navigate an unprecedented business landscape, we are executing the largest network reconfiguration in UPS history," the UPS statement read.  According to UPS, the program is voluntary and has approached the Teamsters union, reaffirming its comm...

Mexican boxer Julio César Chávez Jr. has been detained by the Immigration and Customs Enforcement (ICE). On July 2, Julio César Chávez Jr. was detained by ICE in Studio City, California. According to a Department of Homeland Security (DHS) press release , Chávez, a Mexican national, is being processed for expedited removal from the United States for being in the country illegally and for his alleged ties to the Sinaloa Cartel. DHS stated that Chávez entered the U.S. on a B2 tourist visa that expired in February 2024. Chávez applied for Permanent Resident status in April 2024 based on his marriage to a U.S. citizen with ties to the Sinaloa Cartel, but he was considered illegally present in the U.S.  Chávez was ordered removed on June 27, 2025, after making fraudulent statements on his application. According to DHS, Chávez also has an active arrest warrant in Mexico that accuses the boxer of being involved in organized crime, specifically trafficking firearms, ammunition and exp...

WALNUT CREEK, Calif.  —  Del Monte Foods, a leading producer of canned fruits and vegetables, filed for Chapter 11 bankruptcy   with the United States Bankruptcy Court District of New Jersey  to pursue a court-supervised sale. On July 1, the company announced that bankruptcy would help the company find new ownership, restructure its balance sheet and maximize value for stakeholders through a sale of all or most of its assets. Del Monte Foods has a restructuring support agreement with key lenders that support the sale. The company has secured $912.5 million in debtor-in-possession financing, of which $165 million is new funding, to remain operational through the current pack season and bankruptcy proceedings. “This is a strategic step forward for Del Monte Foods. After a thorough evaluation of all available options, we determined a court-supervised sale process is the most effective way to accelerate our turnaround and create a stronger and enduring Del Monte Foods. W...