Industry
Nike Pushes for Recovery as Global Sales Decline and Competitors Gain Ground
Nike CEO Elliott Hill outlined a recovery plan to address declining revenue and profit by refocusing on sports, repairing wholesale relationships, and reducing heavy promotions.
Luxury Brands Explore Crypto Payments as Bitcoin Soars to All-Time Highs
Bitcoin's rise to $107,000 has led luxury brands like Printemps and S.T. Dupont to adopt cryptocurrency payments to attract younger, tech-savvy consumers.
Dealmakers Anticipate Trump's Presidency to Boost Mergers and Acquisitions in 2025
Global M&A deal values hit $3.1 trillion in 2024, driven by low interest rates and post-pandemic recovery, with Trump's potential policies sparking both hope and uncertainty.
Bitcoin Climbs 8% in December, Reaches All-Time High of $106,509
Bitcoin reached a new high above $106,000 as investors anticipate a Federal Reserve interest rate cut, with Ethereum and the broader crypto market also seeing gains.