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Nike's new CEO can't rest on retro styles and must innovate to turn the company around, analyst says
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.
Nike to Replace CEO Donahoe With Longtime Company Veteran
Nike Inc. ousted beleaguered chief executive John Donahoe, bringing longtime executive Elliott Hill out of retirement to return the struggling athletic brand to its glory days.
Why Putin’s Attempt to Rewire Global Trade Is Faltering, in Charts and Maps
Moscow redirected oil sales, but forging new routes for other commodities proves difficult amid high costs and U.S. sanctions.
Starbucks New CEO on Return to Office: ‘We’re All Adults Here’
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.
Mortgage Rates Go Up After the Fed Cut. What Gives?
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
More investors are betting Trump social-media stock ‘DJT’ will drop
That could change if insiders such as Trump, the current Republican presidential nominee, decide to sell their stock and increase the number of shares in circulation. “Not only
Britain's ultra-wealthy are threatening to exit en masse ahead of proposed tax changes
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.
A $90 Billion World Bank Plan to Electrify Africa Gets Underway
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
Bank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy
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.
FTSE 100 Live 20 September: Retail sales grow more than expected but confidence slides
Graeme Evans. Consumer confidence appears to have taken a big hit in the run-up to next month’s Budget. GfK’s long-running ba
Surely Labour can’t be this stupid?
Every single one of Labour’s new policies comes with a dire health warning. Whether it is the removal of winter fuel payments from the elderly or the tax raid on private schools, there are legitimate
Trump Decries Fed Rate Cut as ‘Political Move’ That Won’t Work
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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