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Tag: nike

Traders work on the floor of the New York Stock Exchange (NYSE) during afternoon trading on April 9, 2025 in New York. Wall Street stocks rocketed to close solidly higher Wednesday, with dramatic advances on all three major indexes as US President Donald Trump delayed steep new tariffs hours after they took effect. The Dow Jones Industrial Average surged 7.9 percent to 40,608.45, the broad-based S&P 500 Index rallied 9.5 percent to 5,456.90, and the tech-focused Nasdaq Composite Index jumped more than 12.2 percent to 17,124.97. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)

Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal

U.S. stocks jumped significantly on Wednesday after President Donald Trump announced a 90-day delay in tariffs for countries that hadn’t imposed reciprocal tariffs. 

Read More Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal
People visit the Nike store at 5th Avenue during the holiday season in New York City, U.S., December 9, 2022. REUTERS/Eduardo Munoz/File Photo

Nike to launch new women’s fitness brand with Kim Kardashian’s Skims

Nike will launch a new women’s activewear brand in the U.S. this spring in partnership with Kim Kardashian-owned shapewear clothing company Skims.

Read More Nike to launch new women’s fitness brand with Kim Kardashian’s Skims
UNCASVILLE, CONNECTICUT - SEPTEMBER 22: Caitlin Clark #22 of the Indiana Fever advances the ball during the second half of a first-round WNBA playoff game against the Connecticut Sun at Mohegan Sun Arena on September 22, 2024 in Uncasville, Connecticut. The Sun defeated the Fever 93-69. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Joe Buglewicz/Getty Images)

Caitlin Clark Honored As TIME Magazine’s 2024 Athlete Of The Year

Basketball superstar Caitlin Clark has been named Time Magazine’s Athlete of the Year for 2024 after the way she came on to the scene making a massive impact on the Women’s National Basketball Association (WNBA) in just her first season. 

Read More Caitlin Clark Honored As TIME Magazine’s 2024 Athlete Of The Year
Morgan Stanley CEO James Gorman attends the Reuters NEXT Newsmaker event in New York City, New York, U.S., December 1, 2022. REUTERS/Brendan McDermid/File Photo

Disney to name CEO Bob Iger’s replacement in 2026, taps Morgan Stanley’s Gorman as chair

Walt Disney named Morgan Stanley veteran James Gorman as chair and said it would announce a replacement for CEO Bob Iger in early 2026.

Read More Disney to name CEO Bob Iger’s replacement in 2026, taps Morgan Stanley’s Gorman as chair
The Nike Alphafly 3 running shoe is displayed during the launch REUTERS/Stephanie Lecocq//File Photo

Nike shares drop as investors fret over murky turnaround timeline

Nike shares fell about 8% in early trading on Wednesday after the sportswear giant withdrew its annual revenue target.

Read More Nike shares drop as investors fret over murky turnaround timeline
GLENDALE, CALIFORNIA - FEBRUARY 16: The Nike logo is displayed at a Nike Well Collective store on February 16, 2024 in Glendale, California. Nike announced it will be laying off 2 percent of its workforce worldwide, close to 1,700 employees. (Photo by Mario Tama/Getty Images)

Nike CEO To Retire As Sportswear Company Sales Drop

Sports Brand Nike announced on Thursday, that CEO John Donahoe will retire after more than five years of being in charge of the company as the brand has struggled recently with sales and other competition. 

Read More Nike CEO To Retire As Sportswear Company Sales Drop

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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