Industry

Nike To Layoff 2 Percent Of Workforce, About 1,700 Positions

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.


Latest News

YesMadam Logo
Yes Madam, an Indian beauty service start-up, sparked controversy with a viral email claiming it would fire employees reporting workplace stress, later clarifying it as a publicity stunt.
C. H. Robinson logo
C.H. Robinson's new CEO, Dave Bozeman, is tackling a freight recession, tariff uncertainty, and implementing a "lean" operating model, aiming to expand market share and leverage AI for operational efficiency.
NATO Leaders Summit Takes Place In The UK - Day
Trudeau warns Trump's proposed Canada tariffs would raise US costs, harm economies, and vows retaliation, citing integrated trade ties between the nations.
United Healthcare CEO Brian Thompson Fatally Shot In Midtown Manhattan
Following UnitedHealthcare CEO Brian Thompson's murder, major insurers removed executive information from websites amid rising public anger toward the industry.
A Group of People Discussing in a Room
Who oversees public companies by guiding strategies, protecting shareholder interests, and ensuring responsible and ethical management? Here is board of directors explained:
Bitcoin Surges To New Record Highs On Trump Victory
Bitcoin breaks $100,000, driven by regulatory hopes and institutional support, while global stocks hit record highs and commodities show mixed trends.
Procter & Gamble Report Sales Surge Of 6 Percent
P&G shifts steel sourcing to Indian manufacturer Jindal to avoid tariff-related cost hikes, aiming to reduce expenses and maintain competitiveness in the razor market.
CHINA-MINING-ENVIRONMENT-COAL
China bans gallium, germanium, and antimony exports to the U.S., citing national security, following recent US semiconductor restrictions, straining global supply chains.
MEXICO-US-VIOLENCE-AVOCADO
Donald Trump's proposed tariff on Mexican goods, including avocados and tequila, could increase prices, reduce demand in the US, and harm both Mexican farmers and US consumers.
Former President Donald Trump Is Interviewed By Bloomberg News
Trump's trade nominee Jamieson Greer plans bold measures to reduce US-China economic reliance through tariffs, export controls, and boosting domestic industries.
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