Business News
Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says
msn.com
With Nike's new incoming CEO Elliott Hill, Nike needs to re-focus on innovation and selling great stories around its shoes, an analyst told BI....
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Nike stock was soaring after the company announced that it’s CEO would retire. CEO John Donahoe will be stepping down Oct. 13, and will remain an advisor to the company through Jan. 31. He will be...
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Nike (NKE) named a new CEO Thursday, sending its stock up nearly 10% in after hours trading as the company attempts to reinvigorate slowing sales growth amid increased competition. Elliott Hill, a...
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Moscow redirected oil sales, but forging new routes for other commodities proves difficult amid high costs and U.S. sanctions....
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All of 23andMe's independent directors resigned from its board this week, a rare move that marks the latest challenge for the genetic-testing company. The resignations follow drawn-out negotiations...
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Labour's plans to axe the U.K.'s non-dom tax regime could spark an ultra wealthy exodus, advisers and research bodies have warned....
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A plan to bring electricity to 300 million Africans by 2030, backed by an initial pledge of $30 billion from the World Bank and the African Development Bank, has begun to be implemented with an...
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Bank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy
msn.com
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen's slide against the U.S. dollar....
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New headache for Rachel Reeves as public borrowing hits 100% of GDP for first time since 1961
msn.com
New headache for Rachel Reeves as public borrowing hits 100% of GDP for first time since 1961 - The public finances have been put under enormous strain by the costs of responding the triple whammy of...
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Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a half percentage point was a “political move” and that a smaller cut would...
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