Author: Emily Jensen

Nike announced on Thursday that CEO John Donahoe will be stepping down, with company veteran Elliott Hill returning from retirement to take over as the new leader. Donahoe, who has

Nike’s stock surged 10% after announcing CEO John Donahoe’s departure on Oct. 13, with Elliott Hill set to take over. FedEx’s shares dropped 10% as they adjusted their earnings outlook

Chinese electric car manufacturer Nio introduced its budget-friendly brand Onvo in Shanghai, China on May 15, 2024. Onvo, positioned as a more affordable option compared to Nio’s premium line, unveiled

In August, sales of previously owned homes decreased by 2.5% compared to July, reaching a seasonally adjusted annualized rate of 3.86 million units, as reported by the National Association of

Tech Stocks saw a boost in midday trading following the Federal Reserve’s rate cut decision. Companies like Tesla, Meta, Nvidia, and ASML all saw gains of over 5%. Edgewise Therapeutics

Darden Restaurants reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. CEO Rick Cardenas expressed confidence in the company’s long-term prospects despite

Darden Restaurants saw a nearly 11% increase in shares following the announcement of a partnership with Uber for on-demand delivery. NextEra Energy Partners gained 2.6% after receiving a buy rating

Ray Dalio believes that the upcoming 2024 U.S. elections will be critical, stating that the country requires a “strong leader of the middle” to achieve “broad-based prosperity.” In a recent

Boeing is taking action to preserve cash amidst an ongoing machinist strike by temporarily furloughing thousands of U.S. executives, managers, and staff. The furloughs will impact tens of thousands of

Cryptocurrency exchange Binance has experienced a 40% uptick this year in institutional and corporate investors joining the platform, according to CEO Richard Teng in an interview with Lin Lin on