After rival running-shoe makers put Nike Inc. on defense this year and overall demand remained…
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Management
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STOCK MARKET
Following uproar, Delta CEO says airline went ‘too far’ with SkyMiles crackdown
by userby userDelta Air Lines’ CEO admitted on Monday the airline “probably went too far” in clamping…
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STOCK MARKET
Fortnite parent company Epic lays off 16% of staff; CEO says, ‘we’ve been spending way more money than we earn’
by userby userFortnite maker Epic Games Inc. is laying off 16% of employees, or 830 people. The…
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Shares of Xerox Holdings Corp. XRX, +0.96% slipped Thursday after the printer and copy-machines maker…
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STOCK MARKET
Ryan Cohen becomes GameStop CEO and social media reacts: ‘Changing the paradigm on Wall Street’
by userby userActivist investor Ryan Cohen was named GameStop Corp.’s CEO on Thursday, sparking celebration from his…
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Shares of GameStop Corp. surged Thursday, after the consumer electronics retailer named Ryan Cohen as…
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STOCK MARKET
Fed rate cuts could come sooner than expected, says former Goldman CEO Lloyd Blankfein
by userby userThe Federal Reserve probably won’t need to keep interest rates higher for longer, Lloyd Blankfein,…
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STOCK MARKET
Costco CFO says inventory ‘in good shape,’ thefts have not ‘dramatically’ increased as earnings top estimates
by userby userCostco Wholesale Corp.’s financial chief assured analysts late Tuesday that theft hasn’t been a problem…
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STOCK MARKET
Donald Trump to visit non-union auto-parts shop in Michigan, one day after President Biden joined striking UAW workers
by userby userFormer President Donald Trump is scheduled to speak Wednesday at a non-union auto-parts maker in…
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Crypto entrepreneurs from around the country are arriving in Washington, D.C., this week, joining Coinbase…