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Nike expects more sales declines as it attempts a comeback
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The Wall Street Journal - World
Puma, Adidas and JD Sports shares fell after U.S. peer Nike warned that sales for fiscal 2025 are expected to fall.
Puma, Adidas and JD Sports shares fell after U.S. peer Nike warned that sales for fiscal 2025 are expected to fall. -
ABC News - Top stories
Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected
Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products and electric vehicles overall -
Financial Times - Business
Nike shares tumble 20% as sales warning rattles retailers
Sportswear maker says it is taking aggressive action to reorganise inventory after weaker than expected quarter -
The Wall Street Journal - World
Trading in French Bonds Could Be Choppy Ahead of Second Election Round
The 10-year French government bond yield spread over German peers narrowed but price action in French bonds will likely be choppy until the next election round on Sunday, Mizuho said. -
The Hill - Politics
Nate Silver expects 'further decline ahead' in Biden polls after debate
Pollster Nate Silver, the founder of ABC's FiveThirtyEight, said he expects to see “some further decline” in President Biden’s poll numbers, as post-debate surveys are published in the days and weeks ahead. Silver’s “2024 Silver Bulletin ...Joe Biden -
Inc. - Business
Nike fans operating on a budget will now have more shoe options
The sports apparel company is altering its product lineup to get sales back on track. -
CNBC - Business
Nike shares plunge after retailer says quarterly sales will fall 10%, warns on China weakness
Nike has found itself in a rough patch as the sneaker giant has worked to claw back market share it's ceded to upstarts like On Running and Hoka.China -
ABC News - Tech
Tesla delivered 443,956 vehicles during the second quarter, a 4.8% decline from last year, but better than expected
Tesla delivered 443,956 vehicles during the second quarter, a 4.8% decline from last year, but better than expected -
MarketWatch - Business
Nike wants to sell fewer classic sneakers, roll out more new ones in bid to revive demand
Shares of Nike Inc. tumbled after hours on Thursday after the athletic-wear giant dimmed its expectations for the year as it grapples with wobbling consumer demand, cuts production on lower-selling classic sneakers and waits for potential gains ...
More from NBC News
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NBC News - Top stories
Prosecutors in Trump's hush money case say they don't oppose delaying his sentencing
Prosecutors in the Manhattan district attorney's office said Tuesday that they don't oppose delaying Donald Trump's sentencing in his hush money case given the Supreme Court's ruling Monday that he has immunity for some of his actions as president ...Donald Trump -
NBC News - Top stories
Hurricane Beryl reaches record winds of 165 mph as the Category 5 storm barrels toward Jamaica
Hurricane Beryl has claimed at least four lives in the Caribbean as it continues to bring heavy rainfall, "life-threatening" winds and flooding to the region this week, with forecasters warning that it could remain at least a tropical storm as it ... -
NBC News - Top stories
Leonard Peltier, Native American activist imprisoned for almost 50 years, denied parole request
Peltier, 79, had made a case for parole based on several factors, including his age, nonviolent record in prison and declining health. -
NBC News - Top stories
Ukrainian Paralympian practices his volleyball spike when he's not flying drones over Russian troops
Dima Ukraine VolleyballUkraine -
NBC News - Top stories
Karen Read investigator who sent vulgar texts about her case relieved of duty after mistrial
The Massachusetts state trooper accused of manipulating evidence in the case of Boston officer John O’Keefe's death and sending vulgar texts about Karen Read, O'Keefe's girlfriend and the prime suspect in his death, was relieved of duty Monday ...