Tag: business news
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Nike to cut off thousands of online distributors in China, restructure digital footprint
Nike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.
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Prediction markets and their opponents are spending more to influence Congress in 2026
Kalshi and groups representing the casino and gaming industry and online sports betting apps, all have boosted their lobbying spending in 2026.
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OpenAI appoints two new members to board of directors
OpenAI appointed longtime financial executives David Vélez and Robin Vince to its nonprofit and for-profit boards.
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The sell-off in Korean stocks may soon subside. That could be good news for U.S. markets
South Korea’s stock market could be turning around — and some investors expect its U.S. counterpart won’t be far behind.
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BlackRock, Carhartt, Ford and Google launch skilled trades workforce initiative
The coalition of companies aims to address a growing labor shortage by promoting careers in the skilled trades, the firms said.
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Time for a crypto comeback? Traders bet that this stock will lead the way
Crypto bulls have been waiting for a rebound, and traders think this stock could lead the way.
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$100M New Jersey deli fraudster James Patten sentenced to 21 months in prison
The notorious New Jersey deli fraud case led to losses of more than $5 million for victims that included two U.S. universities.
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Tesla shares poised for biggest earnings move in a year
Shares of Elon Musk’s electric vehicle company are expected to see a sharp swing after Tesla rolls out its quarterly report.
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Cardinal Health’s latest deals won’t move the needle overnight. They still matter.
Cardinal Health announced two tuck-in acquisitions Monday that further expand one of the fastest-growing parts of its business.
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Healthcare students are turning to Kalshi and betting platforms to pay for their degrees, survey shows
“These students aren’t betting for fun,” said Tess Michaels, CEO of Clasp.
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