Nike has had a rocky year — here's why a comeback will take time
Nike is the world’s largest sportswear brand but the company has struggled this year. Can Nike’s new CEO Elliot Hill turn things around for the company?
The Latest
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Lego is reinventing its iconic brick sets and keeping the toy industry afloat
After coming to the brink of bankruptcy in the early 2000s, Lego has reshaped its business and diversified its customer base, helping it to elevate sales even in inflationary market conditions.
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Behind Amazon's quiet launch of Haul, which competes with Temu in ultra-low-price items from China
Amazon in November quietly launched Haul, for items under $20, largely from China. It’s Amazon’s answer to the soaring popularity of Temu and TikTok Shop.
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Tesla recalls nearly 700,000 vehicles over tire pressure light issue
Tesla has issued a recall for nearly 700,000 vehicles due to a tire pressure light issue.
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Netflix secures U.S. rights to the FIFA Women's World Cup in 2027, 2031
Netflix said Women’s World Cup coverage will include commentary and entertainment, as well as Netflix original documentaries in the lead-up to the tournament.
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From Nike to Intel, CEO departures at US companies hit a record this year
CEO exits at U.S. public companies were a record in 2024 as they faced competitive and strategic challenges.
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Big Lots announces ‘going out of business' sales at all remaining locations
The discount retailer will begin “going out of business” sales, or “GOB” sales, at its 963 remaining stores ahead of the closures.
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Workers don't understand the purpose of their work, and it's leading to ‘The Great Detachment'
Many workers aren’t happy with their jobs, and their limited options to find a new one are contributing to an era Gallup is calling “The Great Detachment.”
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Malls are using new restaurants to draw consumers as shopping centers reinvent themselves
Malls are adding new dining options, like Din Tai Fung and Eataly, to attract customers.
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Amazon workers strike at multiple facilities as Teamsters seek labor contract
The International Brotherhood of Teamsters said workers at seven Amazon facilities across the U.S. will begin a strike Thursday morning.
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‘Oopsie, we made a poopsie!' Charmin toilet paper sweepstakes win taken away
A year’s worth of Charmin toilet paper seemed too good to be true for a Connecticut resident who received an error message and a $2 coupon instead.
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Here's what a blockbuster Nissan-Honda merger could mean for the auto industry
Nissan and Honda are understood to be exploring a blockbuster merger as the two rival companies seek to stay competitive on the road to full electrification.
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FTC: Grubhub to pay $25 million for harmful practices against diners, workers
The complaint claims that Grubhub deceived diners about delivery costs and blocked access to their accounts.
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Japan's Honda and Nissan to reportedly begin merger talks
Nissan and Honda plan to enter into negotiations for a merger to better compete in the rapidly changing automotive industry, the Nikkei newspaper reported.
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Cocoa prices climb to new record high, prompting fresh warnings about volatility
The price of chocolate’s key ingredient has skyrocketed this year, prompting analysts to issue fresh warnings about extreme price volatility.
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Walmart employees are now wearing body cameras in some stores
Walmart store associates are now using body cameras in some locations as retailers look to deter theft and make employees safer.
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Small business owners ‘optimistic' about holiday shopping despite fewer days
The holiday shopping season is five days shorter than last year, and owners of small shops say people have been quick to snap up holiday décor early.
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Trump and Japan tech conglomerate SoftBank announce $100 billion in US investments
The goal is to create as many as 100,000 jobs over four years in AI and “related infrastructure.”
