News

Textile producers, electronics manufacturers and car suppliers are among those trying to make sense of a market in turmoil ...
Nike’s chief financial officer has warned of a “surgical price increase” on products sold in the United States as the company tries to reduce the impact of new fees on its manufacturing operations in ...
American athletic footwear and apparel corporation Nike has said it anticipates an additional USD1 billion in costs due to ...
Wall Street hits record highs as investors cheer a U.S.-China trade deal, upbeat earnings, & a hot May PCE report.
With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...
The threat of more severe tariffs continues to hang over the economy. The current pause on a round of retaliatory tariffs ...
Nike stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he ...
Nike is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion in added tariff costs on ...