Shares of Nike plunged Friday after the retailer cut its full-year guidance and said it expects sales to drop 10% during its current quarter as it warned of soft sales in China and “uneven” consumer trends across…
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Business
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The first presidential debate of the 2024 campaign cycle drew about 51.3 million people, according to the media analytics company Nielsen, a sharp drop from previous debates and the smallest audience since a 2004 debate…
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Business
‘Inside Out 2’ tops $1 billion at the global box office, first film to do so since ‘Barbie’
Disney and Pixar’s “Inside Out 2” is the newest member of the billion-dollar club. The animated feature has tallied $1.014 billion worldwide as of Sunday, making it the highest-grossing film of 2024 and the first film…
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BROWNSVILLE, Texas — The United States is producing less than 1% of the wind power it wants to generate by 2030. But an enormous boat promising to change that is about 89% built, and when…
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In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are taking that advice to heart. Levi Strauss executives are ecstatic. Western wear is booming as consumers opt for…
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CNN said Friday that 47.9 million people watched the presidential debate between Joe Biden and Donald Trump across broadcast and cable TV as well as streaming. While still a sizable TV audience, it represents an…
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An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate in more than three years. The core personal consumption expenditures price index increased just a…
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If you were looking for a sign of weakness in the U.S. economy, you’re not going to find it at the airport. The Transportation Security Administration reported this week that it screened a record 2.99…
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A jury in U.S. District Court ordered the NFL to pay nearly $4.8 billion in damages Thursday after ruling that the league violated antitrust laws in distributing out-of-market Sunday afternoon games on a premium subscription…
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Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and U.S. consumers. The pharmacy chain announced quarterly earnings Thursday morning that fell short of Wall…