:max_bytes(150000):strip_icc()/GettyImages-2153735233-29037aec225545c598020a080266bbb4.jpg?w=768&resize=768,0&ssl=1 "Nike Stock Falls After Warning Sales Could Take a Hit From Turnaround Plan, New Tariffs")
Nike (NKE) shares fell in extended trading Thursday after the athletic apparel giant warned sales could take a hit in the current quarter under the company’s turnaround plan, with new tariffs adding to uncertainty. Nike CFO Matt Friend told investors…
“For everyone at Endeavor Air and Delta, nothing is more important than the safety of our customers and our people,” Durrant said. Authorities have not released the identities of the cockpit crew. Delta has said the captain, hired in October…
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 5, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday there could be another painful period of volatility on the horizon as the fixed income guru…
Getty Images The US central bank has cut its growth forecast as it warned President Donald Trump’s tariffs were “clearly” driving up prices. The Federal Reserve released its projections for the world’s largest economy on Wednesday while keeping interest rates…
Stephen J. Gardner, Amtrak’s chief executive, announced on Wednesday that he would be stepping down from the passenger rail service about three years into the job. In a statement, Mr. Gardner said he was leaving to ensure “Amtrak continues to…
Theo Leggett International Business Correspondent BBC “This has been our family car for three years, and it has been an absolute dream,” says Ben Kilbey as he shows me his gleaming pearl-white Tesla Model Y. Ben is a staunch electric…
Ben & Jerry’s has said its chief executive, David Stever, was being removed by its parent company, Unilever, in a growing dispute over the ice cream company’s political activism. The allegation was part of a legal case filed in a…
WASHINGTON (AP) — The Social Security Administration’s plan to require in-person identity checks for millions of new and existing recipients while simultaneously closing government offices has sparked a furor among lawmakers, advocacy groups and program recipients who are worried that…
Tesla’s stock is down 44% year-to-date amid sales woes and CEO Elon Musk’s involvement in DOGE. Inside Tesla, however, workers say they’re unbothered by the carmaker’s stock price. “It feels like we’re in a storm right now, but I’m personally…
Tesla stock is barreling toward a ninth-straight weekly drop, falling another 5% on Tuesday. Shares have now plummeted 53% from record highs reached in mid-December. There are two new factors behind the Tesla sell-off, and two evergreen issues weighing on…