Nike's shares soared after announcing a production shift away from China amidst looming tariffs. The company plans 'surgical' price increases, raising concerns for back-to-school shoppers as retail giants face rising costs.
Nike is bracing for a staggering $1 billion cost increase due to tariffs from Trump's trade war, prompting price hikes and a shift in manufacturing. As revenues plunge, can Nike turn things around?
Nike announces that President Trump's tariffs may increase its costs by $1 billion this year, prompting the company to shift production away from China. Amidst fluctuating trade policies, what does this mean for sneaker prices?
Alphabet's stock tumbles nearly 4% as the EU's top court adviser recommends dismissing Google's appeal against a hefty €4.1 billion fine. Can Google overcome this challenge?
In a landmark decision, a Boston federal judge declared the Trump administration's termination of NIH diversity-related grants illegal, citing racial discrimination and restoring over $1 billion in funding. This ruling could reshape future funding for minority and LGBTQ research.
The FIFA Club World Cup kicks off in Miami Gardens with 32 teams competing for a staggering $1 billion prize. Get ready for thrilling matches featuring soccer giants like Real Madrid and PSG!
In a narrow vote, the House has moved to cut $1.1 billion in funding for public media, raising concerns over access to noncommercial news. The implications for NPR and PBS could be severe, leaving many Americans without crucial information.
In a narrow vote, the House has approved cuts to federal funding for NPR and PBS, igniting a fierce debate over media bias and the future of public broadcasting. This legislation, pushed by Trump, threatens essential services for millions.
Discover Fortune Media's ambitious plans for 2025, including key updates on their terms of use and privacy policies. Stay informed about how these changes may impact you!
Private equity firm Roark Capital has acquired a majority stake in Dave's Hot Chicken, valuing the chain at nearly $1 billion. With plans to expand to 4,000 locations, the spicy chicken chain is set for explosive growth in the competitive fast food market.
