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.
Articles by Thea Felicity
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Starbucks workers in three cities will strike for five days over unresolved issues like wages and staffing, with potential nationwide walkouts by Christmas Eve.
Tesla's 2024 delivery growth depends heavily on the Cybertruck, but its high price and unusual design have led to weaker-than-expected demand.
FDA recalls 6,344 Lay's Classic chips bags due to undeclared milk allergens, urging allergic consumers in Oregon and Washington to discard them.
Trump and Musk oppose a GOP funding bill, increasing the risk of a government shutdown while pushing for streamlined legislation without excess spending.
Harland and Wolff, the shipbuilder behind the Titanic, is set to be acquired by Spain's Navantia after going bankrupt, potentially safeguarding 1,000 jobs and supporting UK naval projects.
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.
A British court allows the police to seize over $3.3M from Andrew and Tristan Tate due to alleged tax evasion on $26M in earnings from online businesses between 2014-2022.
Nissan and Honda have acknowledged talks on collaboration to compete with Chinese EVs, though no merger decision has been made, with Mitsubishi also involved in discussions.
Climate tech firms secured $80M from Google and others to fund costly carbon capture technologies, aiming to reduce emissions from paper mills and wastewater plants.
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.
New Jersey lawmakers propose replacing criminal charges for underage gambling with fines, directing funds to gambling prevention and treatment programs.
Peak Design CEO Peter Dering faced backlash for reporting a bag linked to the shooter of UnitedHealthcare CEO, raising privacy concerns about customer data.
MUFG, Japan's top bank, apologized after an employee stole over $6.6 million from safe deposit boxes; investigations are ongoing with compensation planned.
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.
The Trump team may scrap Tesla-opposed crash-reporting rules, potentially altering vehicle safety regulation.
OpenAI revealed Elon Musk's 2017 push for a for-profit model, highlighting disagreements over control that led to his exit and ongoing legal battles.
Coffee prices hit 50-year highs due to extreme weather and supply issues, with analysts warning it may take years for prices to stabilize.
UnitedHealth CEO Andrew Witty calls for better communication on insurance coverage after admitting flaws in the fragmented US healthcare system.
Investing wisely in options like stocks, real estate, mutual funds, ETFs, and high-yield savings accounts can grow your wealth while balancing risks and returns.
Despite the disruptive effects of Trump's upcoming tariffs on many industries, sectors like technology, financial services, healthcare, energy, and entertainment will remain largely unaffected.
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'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.
The World Bank lowered the Philippines' 2024 growth forecast to 5.9% due to typhoon impacts but sees recovery potential with 6.1% growth projected for 2025.
Mondelez's potential Hershey merger could create a $50B snack giant, but Hershey Trust approval and rising cocoa prices remain obstacles.
Trudeau warns Trump's proposed Canada tariffs would raise US costs, harm economies, and vows retaliation, citing integrated trade ties between the nations.
Nvidia shares drop following Chinese probe into Mellanox acquisition, tied to escalating US-China chipmaking tensions and anti-monopoly concerns.
Trump's agricultural policies can't fix the US beef industry's crisis caused by a shortage of cattle, rising costs, and worsening environmental conditions, with no recovery expected until 2027.
Bluesky, a decentralized social platform from Twitter's vision, empowers users with control over content and identity, tapping into growing dissatisfaction with centralized platforms.
Trump's DOGE, led by Elon Musk, aims to streamline federal spending, modernize defense, and open opportunities for smaller tech firms in AI and autonomous systems.