Nike, Foot Locker shares sink after athletic apparel maker cuts revenue outlook
Nike shares plunged Friday after the athletic apparel maker cut its revenue outlook for the fiscal year, with sneaker retailer ...
Tag: Business
Universal banks on ‘Migration’ to expand its animation lead over Disney
Universal and Illuminations latest animated film centers on a family of ducks who decides to leave the safety of a ...
Nike sinks 12% after it slashes sales outlook, unveils $2 billion in cost cuts
Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered ...
Apple has stopped selling some Apple Watches on its website because of patent dispute
An Apple Watch Ultra 2 device is displayed for sale at The Grove Apple retail store on release day in ...
James Gorman talks Disney succession, proxy fight as he gears up to join board
Morgan Stanley CEO James Gorman said Thursday that he's gearing up to join a succession planning committee at Disney, which ...
Citigroup to close global distressed-debt business as part of CEO Jane Fraser’s overhaul
A trader works underneath a monitor displaying Citigroup Inc. signage on the floor of the New York Stock Exchange (NYSE) ...
Apple fails in bid to delay Apple Watch sales ban
The Apple Watch Ultra 2 is seen as people lined up to buy the newly launched iPhone 15 and other ...
Shippers have already diverted about $35 billion in cargo from the Red Sea amid fears of attacks
So far, shippers have diverted about more than $30 billion worth of cargo away from the Red Sea as they ...
Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business in latest reshuffle
Trader works at the post where Alibaba is traded on the floor of the New York Stock Exchange (NYSE) in ...
GPT and other AI models can’t analyze an SEC filing, researchers find
Patronus AI co-founders Anand Kannappan and Rebecca QianPatronus AILarge language models, similar to the one at the heart of ChatGPT, ...
