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Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump's tariffs, the activewear giant announced Thursday. The tariffs "represent a new and ...
BEAVERTON, Ore. — This story comes from the Portland Business Journal, a KGW news partner. The full story is here. Nike is laying off more of its technology-focused employees a month after it ...
New York (CNN) — Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump’s tariffs, the activewear giant announced Thursday.
Nike shares rose 9.2% in Frankfurt on Friday, a day after the company forecast a smaller-than-expected drop in first-quarter revenue, and said it would cut its reliance on production in China for the ...
Two swastikas were found in the bathroom at Point Lookout near the Town of Hempstead 9/11 Memorial and one was found in Rath Park’s Little League dugout alongside the “n word” and the “c ...
Revenue totaled $11.1 billion. Both edged out Wall Street projections. Nike is already facing a pullback in spending by Americans, who have grown anxious about the direction of the U.S. economy.
Nike shares are down 17.4% so far this year, while its 12-month forward price-to-earnings ratio is 1.90, compared with 1.58 and 0.64 for Adidas and Puma, respectively.
U.S. stocks ticked higher to hit another record. The S&P 500 rose 0.5% Wednesday and set an all-time high for the third time in four days. The Dow Jones Industrial ...
Hamilton police investigating ‘hate-motivated’ graffiti at east-end property Police say officers responded to a report of graffiti containing “hate-motivated content” at 747 Barton St. E.
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