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Earnings

Nike CEO Elliott Hill outlines new strategy after retailer blames promotions for declining revenue and profit

December 24, 20240

Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024.Frederic J. Brown | Afp | Getty ImagesNike's turnaround will take a...

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Business

13 anonymous media executives make predictions for the new year

December 24, 20240

Bob Iger, CEO of Disney (L), and Brian Roberts, CEO of Comcast (R).Getty ImagesHo, ho, ho! It's a holiday tradition: Anonymous media executives m...

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Finance

Chinese self-driving trucking company pivots to generative AI for video games

December 19, 20240

Workers setting up the TuSimple booth for CES 2022 at the Las Vegas Convention Center on Jan. 3, 2022.Alex Wong | Getty Images News | Getty Image...

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Economy

UK inflation rises to 2.6% in November, in line with expectations

December 19, 20240

The columns of Royal Exchange are dressed for Christmas, at Bank in the City of London, the capital's financial district, on 20th November 2024, ...

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Earnings

Micron shares plunge on weak second-quarter guidance

December 19, 20240

Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New Yo...

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Business

Why Americans are outraged over health insurance — and what could change

December 19, 20240

A person holds a sign while standing on the roadside near the McDonald's restaurant where a suspect in the killing of the CEO of UnitedHealthcare...

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Finance

Invesco launches ETF to maximize on the tech concentration craze

December 17, 20240

Invesco launched an exchange-traded fund designed to give investors exposure to the top 45% of companies in the Nasdaq-100 Index.Brian Hartigan, ...

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Economy

Iran faces dual crisis amid currency drop and loss of major regional ally

December 17, 20240

A briefcase filled with Iranian rial banknotes sits on display at a currency exchange market on Ferdowsi street in Tehran, Iran, on Saturday, Jan...

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Earnings

Costco quarter signals record stock run is not done yet. Here’s our new price target

December 17, 20240

Costco on Thursday evening reported a solid quarter, beating on both the top and bottom lines. The warehouse club is clearly taking share from ot...

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Business

Women’s basketball league Unrivaled secures $28 million in new funding from star-studded investor lineup

December 17, 20240

Chicago Sky coach Teresa Weatherspoon calls out to players during the first half of the team's WNBA basketball game against the New York Liberty,...

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