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Tag: north america

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
Director Thom Zimny, Jon Landau and Steven Van Zandt pose on the red carpet before "Road Diary: Bruce Springsteen and the E Street Band" is screened as the Toronto International Film Festival (TIFF) returns for its 49th edition in Toronto, Ontario, Canada September 8, 2024. REUTERS/Mark Blinch

TIFF 2024: Bruce Springsteen takes fans backstage, talks mortality in new film

“Road Diary: Bruce Springsteen and The E Street Band” gives fans a glimpse at the band’s creative process against the backdrop of the current world tour.

Read More TIFF 2024: Bruce Springsteen takes fans backstage, talks mortality in new film
Customers order at a Starbucks in Manhattan Beach, California, on July 19, 2024. Starbucks is among the businesses impacted as Airlines, banks, TV channels and other businesses were disrupted worldwide on July 19 following a major computer systems outage linked to an update on an antivirus program. (Photo by ETIENNE LAURENT / AFP) (Photo by ETIENNE LAURENT/AFP via Getty Images)

Starbucks Replaces Its CEO With Chipotle CEO After Year Of Low Sales: ‘Management Shakeup’

The coffee giant Starbucks is replacing its CEO with the former head of Chipotle to be in charge of the Seattle-based coffee chain, with hopes of reviving sales and appeal to outside investors. 

Read More Starbucks Replaces Its CEO With Chipotle CEO After Year Of Low Sales: ‘Management Shakeup’
BURBANK, CALIFORNIA - JULY 22: The McDonald's logo is displayed at a McDonald's restaurant on July 22, 2024 in Burbank, California. McDonald’s is extending its $5 meal deal in most U.S. restaurants past its initial four-week offering with the fast-food icon saying the offer has driven customers back to its restaurants. (Photo by Mario Tama/Getty Images)

Report: McDonald’s Has First Drop In Sales Since COVID-19 Era

Fast food giant McDonald’s reported its first sales decline on Monday since the COVID-19 pandemic as the chain eatery struggles to draw in customers due to its “inflated menu prices,” as some complaining customers have voiced.

Read More Report: McDonald’s Has First Drop In Sales Since COVID-19 Era
MABALACAT, PHILIPPINES - MAY 09: U.S. Air Force F16 fighter jets fly in formation during U.S.-Philippines joint air force exercises dubbed Cope Thunder at Clark Air Base on May 09, 2023 in Mabalacat, Pampanga province, Philippines. Joint patrols between the Philippines and the United States in the South China Sea may begin by the third quarter of this year according to a top Philippine diplomat. This development comes amid heightened tensions in the region and follows Washington's clarification of its commitment to defend Manila from an attack at sea. (Photo by Ezra Acayan/Getty Images)

Chinese And Russian Planes Intercepted Near Sovereign Alaskan Airspace

The North American Aerospace Defense Command (NORAD) published a press release on Wednesday detailing the detection and interception of two Chinese bombers and two Russian bombers in the Alaskan Air Defense Identification Zone (ADIZ).

Read More Chinese And Russian Planes Intercepted Near Sovereign Alaskan Airspace
A view shows Nokia headquarters in Espoo, Finland, October 19, 2023. JUSSI NUKARI/Lehtikuva/via REUTERS/File Photo

Nokia reports 32% drop in profit but sees recovery in 2nd half

The Finnish telecoms group said sales should recover towards the end of 2024 with the help of orders from North America.

Read More Nokia reports 32% drop in profit but sees recovery in 2nd half

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