Nike profit, revenue beat as direct selling gains momentum
Nike Inc’s first-quarter revenue and profit beat Wall Street estimates on Tuesday as the sportswear maker’s strategy to sell sneakers and apparel directly to consumers...
WeWork’s Neumann surrenders control, CEO role following investor revolt
WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control, after SoftBank Group Corp and other shareholders...
Stocks fall as Trump impeachment talk grows; sterling up after Brexit ruling
A gauge of global stocks fell for a third day on Tuesday as a push by some Democrats for the impeachment of U.S. President Donald...
Nike quarterly revenue beats estimates; shares jump 5%
Nike Inc reported first-quarter revenue that beat Wall Street estimates on Tuesday, benefiting from its strategy to sell sneakers and apparel directly to its consumers....
S&P 500 posts biggest drop in month amid Trump impeachment calls
U.S. stocks fell in volatile trade on Tuesday, giving the S&P 500 its biggest daily drop in a month, as a push for the impeachment...
Wall Street slides as push for Trump impeachment gains ground
U.S. stocks fell in volatile trade on Tuesday, giving the S&P 500 its biggest daily drop in a month, as a push by some Democrats...
Smith & Wesson parent fails to win majority support for CEO pay
Smith & Wesson parent American Outdoor Brands Corp failed to win a majority of shareholder support for its executive pay, according to a transcript of...
Harley-Davidson $1.6 billion investment plan raises earnings concerns
Harley-Davidson Inc said on Tuesday it would invest as much as $1.6 billion over the next four years to turn around its business, raising concerns...
Fiat Chrysler manager lied about emissions even after VW scandal broke, indictment charges
A grand jury indicted a senior manager at Fiat Chrysler Automobiles NV on charges he lied to regulators about diesel emissions, alleging the deception continued...
Trumps’ China trade rhetoric turns harsh at U.N., says won’t take ‘bad deal’
U.S. President Donald Trump delivered a stinging rebuke to China’s trade practices on Tuesday at the United Nations General Assembly, saying he would not accept...