Industry

Nike to Launch $100 Sneaker Line After Surprise Drop in Sales Sends Shares Plummeting to Worst Day on Record

Nike to Launch $100 Sneaker Line After Surprise Drop in Sales Sends Shares Plummeting to Worst Day on Record

Nike is set to introduce a new line of sneakers priced at $100 or less globally to revive its sales amid declining shares.


United Airlines Denies Removing Woman From Flight for Misgendering Staff Member

United Airlines has refuted an American mother's claim that she was kicked off a flight after she mistakenly misgendered a flight attendant.

US Drug Prices Soared by 37% Over Past Decade, Surpassing Inflation Rate

Prescription drug prices in the US have reportedly climbed over the past decade, with a rate far surpassing inflation.

Uber to Pay $1,000 to US, Canada Drivers Who Will Ditch Their Cars for 5 Weeks

Uber will pay more than 100 people in the US and Canada $1,000 to abandon their cars for five weeks.


Latest News

US Drugmakers, Medical Device Companies Urged by FDA to Improve Diversity in Clinical Trials
The US Food and Drug Administration (FDA) urged drugmakers and medical device manufacturers to improve racial and cultural diversity in clinical trials.
Holoconnects Equips Texas Hospital With Hologram Tech for Innovative Doctor-Patient Visits — a First in US?
Holoconnects, a hologram tech firm headquartered in the Netherlands, provided Crescent Regional Hospital in Texas with a state-of-the-art 3D technology called "Holobox."
Hollywood Workers Union Secures Wage Hike, AI Protections in New Three-Year Deal With Top Studios
The Hollywood film and television crew union has reached a tentative three-year agreement with top studios.
American Electric Power Names Bill Fehrman as New CEO
American Electric Power has named Bill Fehrman its new chief executive officer. American Electric Power (AEP) has named Bill Fehrman its new chief executive officer, effective August 1, 2024.
Republican State Attorney Generals Challenge Biden Administration's New Fuel Economy Regulations
A coalition of 26 state attorneys general has filed a lawsuit against the Biden administration's new fuel economy rules.
NASA Picks SpaceX to Send ISS to Watery Grave Upon Retirement in 2030
NASA selected SpaceX as the provider of a deorbit vehicle that would control the International Space Station’s reentry into the Earth’s atmosphere upon its retirement in 2030.
Shein's Potential London IPO Slammed by Amnesty International UK: A 'Badge of Shame' for LSE
Amnesty International UK has criticized the potential initial public offering (IPO) of Shein on the London Stock Exchange.
China Welcomes US Dairy Companies Expanding in Chinese Market
China has expressed willingness to work with US dairy companies that would like to expand their business in the Chinese market.
PetroChina Fined $14.5 Million for US Export Law Violation, DOJ Says
PetroChina International America has agreed to pay a fine and forfeiture totaling $14.5 million for violations of US export law.
TAIWAN-TECHNOLOGY-FOXCONN-NVIDIA
Nvidia's stock rebounded by 2.2% after three days of declines, impacting the Nasdaq composite and investor concerns about the sustainability of AI stock valuations.
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