Business News
To welcome him back into the fold, Nike offered Hill a total compensation package valued at $27 million. That includes equity and cash awards valued at $7 million to make him whol...
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Nike Inc. announced that longtime executive Elliott Hill is coming out of retirement to replace John Donahoe as chief executive officer....
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The rally was a delayed yet emphatic response to the central bank’s decision Wednesday to cut interest rates by a half percentage point that pushed the S&P 500 to its first reco...
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AI chipmakers Nvidia (NVDA) and Advanced Micro Devices (AMD) led the tech stock rally Thursday following the Federal Reserve’s sizable, 50 basis point interest rate cut. Nvidia stock jumped more than...
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Donald Trump has promised to use sweeping new tariffs to fund everything from tax cuts to child care. But economists say the new import charges are unlikely to create anything close to the revenue...
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The volatile Trump Media stock will face a crucial day tomorrow. Donald Trump and other insider investors in the Truth Social parent company will be able to sell shares as the lockup period after the...
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New Starbucks Corp. Chief Executive Brian Niccol thinks his employees should be wherever they need to be to get their jobs done. More often than not, he said, that place is the office....
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FedEx’s results were dragged down by a shift in the mix of it business that saw reduced demand for priority services, increased demand for deferred services and constrained yield growth....
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At the same time, mortgage rates measured weekly by Freddie Mac descended to 6.09% this week, the 30-year fixed rate’s lowest level since early 2023. What gives? The Fed cut int...
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Two Sigma is still negotiating with the regulator and could pay a lower amount as a result of the talks, the people said. The five-member commission would have to approve any fina...
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