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NIKE INC.
US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...- Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
- Nike layoffs 2026 breakdown: Why is Nike cutting 1,400 jobs? Which departments and regions are hit hardest?Nike layoffs 2026 explained: Nike is cutting jobs again. About 1,400 employees will be affected, mostly in global operations and technology...
- Job cuts in U.S.: Massive lay offs underway in Snapchat parent company. Check severance package, which employees are losing jobs right now?Snapchat, Meta, Nike, Citigroup, Morgan Stanley employees are under the job cuts threat. AI-driven automation is exposing multiple sectors ...
- Why US stock market crashes today? Dow, S&P 500, and Nasdaq fall as oil prices surge, Iran war fears shake investors and outlook - Tech stocks in dangerUS stock market crashes today. The Dow Jones Industrial Average fell over 100 points early. The S&P 500 and Nasdaq Composite dropped more t...
- Allbirds to be bought by American Exchange for $39 millionAmerican Exchange Group agreed to acquire all assets and liabilities of Allbirds for $39 million. Allbirds will seek shareholder approval a...
- Apple CEO Tim Cook’s other job: Helping Nike turn things aroundTim Cook, Apple’s CEO and Nike board member, has played a crucial advisory role in Nike’s leadership transitions and strategic decisions. H...
- US stock market: Weary Wall Street cheers improved consumer confidenceStill, Wednesday's data also showed that U.S. existing home sales slumped 7.7% to a 2-1/2-year low in November as the housing market was hu...
- Amazon is exploring offer for Peloton, source says; report says Nike also weighing bidMeanwhile, the Financial Times reported late on Friday that sportswear company Nike Inc is also evaluating a bid for Peloton.
- Nike buys virtual sneaker maker RTFKT in metaverse push"This acquisition is another step that accelerates Nike's digital transformation and allows us to serve athletes and creators at the inters...
- Nike shares hit record high as sales get post-lockdown boostThe company's fourth-quarter revenue also nearly doubled, topping $12 billion for the first time and overshadowing a weaker-than-anticipate...
- Nike wants to clean your used, returned shoes and sell them at cheaper pricesNike Inc said it will start refurbishing sneakers returned by shoppers.
- Amazon tests screening new merchants for fraud via video calls in pandemicThe world's largest online retailer has long faced scrutiny over how it polices counterfeits and allegedly unsafe products on its platform....
- Nike, Under Armour to close all US stores due to coronavirusUnder Armour will shutter all of its stores in North America from Monday for about two weeks, while Wisconsin-based apparel retailer Lands ...
- Warren Buffett's $86 billion cash pile stokes hopes of a huge deal“A $100 billion deal seems possible” given the cash on hand, said Richard Cook, an investment manager in Birmingham, Alabama.
- Nike seeks to set up fully owned India unitAmerican sportswear firm Nike Inc has filed for setting up a wholly owned subsidiary in India to sell its own brand of products.
- Nike's 2Q net income up 22 per centNike Inc says strong sales and improved margins, due largely to selling more items at full price, helped drive its second-quarter net incom...
- Nike Inc. Q2 profit dips 1 percentNike Inc. says its second-quarter profit fell just 1 percent to $375.4 million, or 76 cents per share. Lower costs helped it withstand an 8...
- Nike to cut about 1,750 jobs worldwideThat represents 5 per cent of the global work force at the shoe and apparel company.
- Nike and Apple make iPod compatible with gym equipmentThe companies yesterday said they are working with several gym equipment makers and the health clubs 24-Hour Fitness and Virgin Athletic He...
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