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 ...
15 Apr, 2026, 06.51 PM IST
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...
02 Apr, 2026, 09.01 PM IST
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...
31 Mar, 2026, 09.36 AM IST
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...
21 Oct, 2024, 04.27 PM IST
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...
22 Dec, 2022, 07.24 AM IST
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.
06 Feb, 2022, 07.29 AM IST
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...
14 Dec, 2021, 10.47 AM IST
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...
25 Jun, 2021, 10.45 PM IST
Nike wants to clean your used, returned shoes and sell them at cheaper pricesNike Inc said it will start refurbishing sneakers returned by shoppers.
13 Apr, 2021, 11.31 AM IST
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....
27 Apr, 2020, 08.35 AM IST
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 ...
16 Mar, 2020, 11.05 AM IST
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.
06 May, 2017, 07.22 PM IST
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.
02 Sep, 2014, 05.58 AM IST
- Nike's 2Q net income up 22 per cent
Nike Inc says strong sales and improved margins, due largely to selling more items at full price, helped drive its second-quarter net incom...
22 Dec, 2010, 04.37 AM IST
- Nike Inc. Q2 profit dips 1 percent
Nike 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...
18 Dec, 2009, 03.08 AM IST
- Nike to cut about 1,750 jobs worldwide
That represents 5 per cent of the global work force at the shoe and apparel company.
15 May, 2009, 02.01 AM IST
- Nike and Apple make iPod compatible with gym equipment
The companies yesterday said they are working with several gym equipment makers and the health clubs 24-Hour Fitness and Virgin Athletic He...
05 Mar, 2008, 04.43 AM IST