Chinese EV giant BYD secures $3.7B government funding, solidifying global dominance. Concerns rise over unfair competition, prompting EU investigation.
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Nike Plans to Make its Biggest Olympics Spending Yet
Nike is gearing up to make its biggest spending commitment yet for the upcoming Olympics. Nike is gearing up to make its biggest spending commitment yet for the upcoming Olympics, as the renowned sportswear brand aims to rejuvenate sales and contend with emerging competitors, according to a report by Reuters.
Nike CEO John Donahoe is Fed Up With Remote Work, Says Setup Slows Down Innovation in New Products
Nike CEO John Donahoe blames the recent decline in innovation to the challenges posed by remote work and acknowledges that there has been an excessive focus on direct sales, which may have hindered progress.
Beyoncé's 'Cowboy Carter' Drives Boot Sales Jump Over 20% Across The US, Retailers Are Thriving
Sales of Western-style boots saw a significant increase of over 20% in the week following the release of Beyoncé's 'Cowboy Carter' last month.
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.
Latest News
AI bots could soon replace Wall Street analysts. Sources within major banks revealed the details. Wall Street analysts are at risk of getting replaced by AI bots.
LinkedIn, in a bid to rival TikTok and Instagram in influencer marketing, has launched "Thought Leader ads," allowing advertisers to promote posts from independent creators.
Samsung Next is leaving Israel as the war rages on. The firm decided to take its business operations abroad instead.
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.
Trump Media's stock price fell below $30 in early trade, down roughly $40 from its March 26 IPO price.
A major Burger King franchisee is quickly rolling out digital kiosks to replace workers. He blames California's $20 minimum wage for it.
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'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.
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.
