Nike is bracing for a decline in quarterly sales, but investors are eager to see if CEO Elliott Hill's new strategy will turn things around. With restructuring underway, can Nike reclaim its market share before the holiday season?
Starbucks announces plans to cut 900 corporate jobs and close around 200 stores in the U.S. and Canada as part of a turnaround strategy. CEO Brian Niccol aims to revitalize the brand amid declining sales.
Nike's stock jumped 17% after the company declared that the worst of its struggles is behind it, following a better-than-expected fourth-quarter earnings report despite significant challenges.
The devastating Air India-171 crash that claimed 270 lives poses significant challenges for the Tata Group as it attempts to revive the struggling airline. With passenger confidence shaken and safety under scrutiny, the road ahead looks uncertain.
