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Nike's China conundrum deepens as turnaround stagnates, shares slump 13%Nike is running out of time to prove its China playbook works as its sixth straight quarterly decline in sales in the country underscores h...
Nike's China conundrum deepens as turnaround stagnatesNike's China sales are falling for the sixth quarter. The company is struggling with competition and old stock. CEO Elliott Hill says Nike ...
Dubai princess Sheikha Mahra-French Montana engaged: Rapper pulls in over $100,000 from Instagram alone. Check his net worthSheikha Mahra Al Maktoum, daughter of Dubai's ruler, is engaged to Moroccan-American rapper French Montana, following her divorce announcem...
Puma's new boss takes helm trailing Adidas and a recovering NikePuma is facing a tough time. New CEO Arthur Hoeld aims to revive the brand. Puma is struggling with unsold stock. Rivals like Adidas and Ni...
Donald Trump once decried the idea of presidential vacations. His Scotland trip is built around golfDonald Trump's trip to Scotland, framed as a working visit, is raising eyebrows due to its focus on promoting his family's golf courses. Un...
General Motors to invest $4 billion to ramp up US productionGeneral Motors shares increased following the announcement of a $4 billion investment to shift some production from Mexico to US plants. Th...
Kohl's Store Closures: Everything we know about company’s move, what will happen to employees and affected stores listKohl's will shut 27 underperforming stores and an e-commerce center by April 2025. The closures are part of a strategy to tackle declining ...
Out of form Lakers star LeBron James has a big problem out of court; here's what it is and what he plans to doRecent reports are claiming that the media company of totally out of form Lakers star LeBron James have lost near about $30 million last ye...
Volatility provides buying opportunities in fundamentally strong smallcaps; 5 stocks with high ROEEven in volatile phases of markets, there are stocks which attract the attention of markets. The reason, volatility which is caused more du...
Corrections are buying opportunities in fundamentally strong smallcaps; 5 stocks with high ROE & profit marginAs NIFTY stays in volatile mode and besides the Adani group stocks, financial stocks also come under pressure, the fear that small caps may...
General Motors escalates the electric vehicle arms raceGM's additional spending accelerates a global arms race among automakers and technology companies to expand electric vehicle offerings. Con...
Several companies freeze operations as severe weather disrupts parts of USA rare deep freeze sweeping southern U.S. states reached the northern part of neighboring Mexico over the three-day Presidents Day holiday ...
WeWork may have only enough cash to last for six monthsWeWork has only enough cash to last for six months. It’s losing millions of dollars a day.
GM will lay off 1,100 in Michigan after domestic production shiftGM has said the $1 billion investment would allow it to create or retain 1,500 U.S. jobs, but has not specified what jobs are impacted.
Prison was the best experience of my life, says businessman Kabir MulchandaniDubai's realty market can land you at the wheel of a Rolls-Royce or behind bars. Kabir Mulchandani knows as he has experienced both.
Hunting the hunterIn a remote patch of Uttarakhand, poaching is so rampant that leopard skins and rare animal parts are sold from tea stalls. Along with a te...
Making healthcare affordable, accessible, and ubiquitousThe Acumen Fund that has invested in LifeSpring is one example. But as these models scale up, 'they will attract traditional investors.'
- Oil falls below $77 as US crude supplies rise
Oil prices fell below $77 a barrel Wednesday in Asia after a report showed U.S. crude supplies rose unexpectedly last week.
- GM to shut down Saturn after Penske walks away
For those who expected General Motors' once-funky Saturn brand to live on with a new owner, Wednesday brought a sad twist. Saturn, once bil...
- Hospitals ill from more bad debt, credit troubles
Hospitals ailing from fewer paying patients, investment losses, tight credit and other ills