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Nike CEO John Donahoe Admits Too Much Focus on Online Stores, Renews Wholesale Partnerships to Expand Market Reach

Nike's CEO acknowledges the overemphasis on online stores and vows a return to wholesale partnerships. The shift aims at market expansion amidst profit concerns and competition.


Tesla Robotaxi Isn't What Elon Musk Needs; Analysts Reveal How He Can Solve His EV Problems

Analysts explained that Elon Musk does not need the Tesla robotaxi. What does the billionaire need to solve his EV problems?

NHTSA Launches Investigation into Ford SUV Recall Over Fire Hazard Concerns — Is Your Vehicle at Risk?

NHTSA is investigating the Ford Bronco and Escape recalls due to a fuel leak risk from cracked injectors. Safety concerns persist despite remedies offered; no injuries were reported.

BYD's $3.7 Billion Government Funding Boost Positions it to Dominate the EV Market

Chinese EV giant BYD secures $3.7B government funding, solidifying global dominance. Concerns rise over unfair competition, prompting EU investigation.


Latest News

Samsung Next is Leaving Israel as War Continues, Taking Its Business Operations Abroad
Samsung Next is leaving Israel as the war rages on. The firm decided to take its business operations abroad instead.
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The U.S. government disclosed a breach of Microsoft corporate emails by Russian hackers, prompting the Cybersecurity and Infrastructure Security Agency (CISA) to issue a rare directive for affected agencies to change compromised log-ins and investigate further.
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Trump Media's stock price fell below $30 in early trade, down roughly $40 from its March 26 IPO price.
Major Burger King Franchisee Rolls Out Kiosks To Replace Workers, Blaming California's $20 Minimum Wage
A major Burger King franchisee is quickly rolling out digital kiosks to replace workers. He blames California's $20 minimum wage for it.
CHINA
Senator Sherrod Brown asked President Joe Biden to exclude Chinese-made EVs from the US market. The chair of the Senate Banking Committee urged President Joe Biden on Thursday, Apr.
Apple to Discontinue 'Buy Now, Pay Later' Service in US as It Launches New Loan Program
Apple's plans to introduce new Mac computers with M4 processors designed for AI capabilities resulted in a $112 billion surge in stock value, signaling investor confidence in the move.
Vacant Office Space In San Francisco Reaches All Time High
JPMorgan Chase CEO Jamie Dimon warns that persistent inflation, ongoing wars, and the Fed's tightening means there's a need for preparedness as the US economy may inevitably fail.
Spirit Airlines Staff at Florida Airport Filmed Cursing a 'Karen' Passenger After Moaning About Her Flight
A video has surfaced showing a heated confrontation between a Spirit Airlines staff and a passenger on the check-in line at a Florida airport.
OJ Simpson Is Inking Lucrative Endorsement Deals With Hertz, Chevrolet, and Others Before the Murder Trial: How Much Did He Earn?
The death of OJ Simpson has reignited interest in his life, particularly in his NFL career, high-profile murder trial, and lucrative endorsement deals.
Jeff Bezos Is $3.3 Billion Richer After Amazon Stock Hits All-Time High
Another $3.3 billion was added to the $207 billion fortune of Amazon founder Jeff Bezos after the e-commerce giant hit a new record share price on Thursday.