Nike Jumps as Profit, Inventory Results Ease Demand Fears
Nike Inc. shares jumped after surprise quarterly results indicated that demand for the sportswear giant’s goods is strong — and growing — despite a challenging consumer environment.
Nike Inc. shares jumped after surprise quarterly results indicated that demand for the sportswear giant’s goods is strong — and growing — despite a challenging consumer environment.
Royal Philips NV may have to deal with the consequences of a costly recall of sleep apnea devices for another seven years, according to its chief executive officer.
Kazakhstan, the dominant supplier to global uranium markets, scored a partial victory in its effort to win the same rights held by 160 other nations to regulate the international nuclear-fuel trade.
Inside Citigroup Inc., managers are scrambling to carry out the Wall Street giant’s biggest restructuring in two decades.
The US Supreme Court agreed to review Florida and Texas laws that would sharply restrict the ability of the largest social media platforms to police political misinformation in a case that will shape the rules online in the run-up to the 2024 election.
The Federal Reserve’s preferred measure of underlying inflation rose at the slowest monthly pace since late 2020, helping to lay the groundwork for policymakers to forgo an interest-rate hike at their next meeting.
As India’s monsoon draws to a close, all eyes are on the health of the sugar crop as speculation swirls about possible export restrictions.
China plans to make it easier for foreign tourists to book tickets, register at hotels and use their overseas bank cards in an effort to boost stubbornly low visitation figures.
BlackRock Inc.’s CEO Larry Fink expects 10-year Treasury yields to top 5% as shifts in geopolitics and supply chains make inflation more persistent.
A plastic drop-off program embraced by 12,000 retail locations and more than 500 brands in the US has been putting packaging into landfills.