"UPS and Teamsters Resume Talks to Avert Strike"

United Parcel Service (UPS) and the Teamsters union are set to resume talks in an attempt to prevent a strike scheduled for August 1. While some issues have been resolved, the union is still pushing for better wages for part-time employees. The potential economic impact of a 10-day UPS strike is estimated to be over $7 billion. Investors and customers are urging both sides to reach a deal to avoid disruptions in shipments and supply-chain backups.