Nike shares dive, company eyes $2 billion in cost cuts amid 'softer' outlook
[ad_1] Shares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant warned of a “softer second-half revenue outlook” on its quarterly earnings…
[ad_1] Shares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant warned of a “softer second-half revenue outlook” on its quarterly earnings…
[ad_1] Videogame maker Activision Blizzard has agreed to pay nearly $55 million to settle a California civil-rights lawsuit brought over complaints of sexual harassment,…
[ad_1] Updated Dec. 12, 2023 2:54 am ET Nokia cut its operating margin guidance, with market conditions in its mobile networks business remaining challenging…
[ad_1] November’s sharp pullback in 30-year fixed mortgage rates may not last if the labor market remains strong, said Mark Palim, deputy chief economist…
[ad_1] Spotify Technology SA on Monday said it plans to reduce head count by 17%, which would mark the third time the audio streaming…
[ad_1] JOHANNESBURG (AP) — An elevator suddenly dropped around 200 meters (656 feet) while carrying workers to the surface in a platinum mine in…
[ad_1] The numbers: The U.S. economy expanded but at a relatively subdued pace in early November, latest data from S&P Global show. The S&P Global…
[ad_1] With yet another blowout earnings report, Nvidia Corp. has ended an earnings recession in the U.S. and helped to solidify the continuation of…
[ad_1] By Adria Calatayud Alstom plans to cut around 1,500 full-time equivalent positions and scrap its dividend as part of a cost-savings plan to…
[ad_1] Honda Motor Co.’s U.S. unit joined other foreign carmakers in raising their automobile workers’ wages in the wake of historic wins for the…
[ad_1] Virgin Galactic said it would cut jobs and expenses to focus on producing its lower-cost Delta spaceships. [ad_2] Source link
[ad_1] Shares of Sleep Number Corp. tanked 30% in the after-hours session Tuesday after the mattress maker and retailer swung to a surprise quarterly…
[ad_1] Updated Oct. 30, 2023 12:50 pm ET The United Auto Workers campaign against Detroit’s three automakers can be described as one thing for…
[ad_1] Updated Oct. 28, 2023 10:03 pm ET The United Auto Workers called a fresh strike at a General Motors factory in Tennessee, a…
[ad_1] Ford Motor Co.’s stock dropped 4% after hours Thursday after the carmaker reported lower-than-expected quarterly earnings and withdrew its guidance for the year,…
[ad_1] The United Auto Workers said Friday it has made progress in the negotiations with the Big Three carmakers, and didn’t announce any new…
[ad_1] “ ‘You have to get yourself to believe that it’s not that hard, because it’s way harder than you think. If I go…
[ad_1] Nokia on Thursday set out plans to cut its workforce by up to 14,000 as it reported a steep drop in third-quarter profit.…
[ad_1] By Ian Walker and Joe Hoppe Rolls-Royce Holdings is set to cut 2,000-2,500 jobs worldwide as part of a transformation program and strategy…
[ad_1] Updated Oct. 16, 2023 2:28 pm ET Ford Motor Executive Chair Bill Ford called for a resolution to an “acrimonious” round of talks…