Tag Archives: Corporate

Nike on Thursday disclosed a new round of layoffs, this time impacting its corporate team. The move comes after president and chief executive officer Elliott Hill raised the possibility of layoffs in June during Nike’s earnings report for the fourth quarter of fiscal 2025. Nike told Footwear News that 1 percent of its corporate employees will be let go. An …

(Reuters) -Nike said on Thursday it is planning to cut less than 1% of its corporate workforce as part of the sportswear maker’s plans to turn around its business under CEO Elliott Hill. Under Hill, the company has been investing in its running shoe and sneaker lines to reclaim lost ground in the segments, while rekindling relationships with retailers and …

A Nike store in Hanoi, Vietnam, on July 3, 2025. Nhac Nguyen | Afp | Getty Images Nike is planning another round of layoffs as part of CEO Elliott Hill’s efforts to realign the business and get it back to growth, CNBC has learned.  The cuts will impact less than 1% of Nike’s corporate staff. It’s unclear how many jobs …

Gross Domestic Product, 2nd Quarter 2025 (Second Estimate) and Corporate Profits (Preliminary)  U.S. Bureau of Economic Analysis (BEA) (.gov) US GDP: Economy Expands at Revised 3.3% Rate as Investment Improved  Bloomberg Gold holding steady around $3,400 as US economy grew 3.3% in Q2  KITCO Q2 GDP growth revised higher to 3.3%, PCE increase revised lower to 2.0%  Seeking Alpha US economy grows 3.3% in …

Corporate America’s Newest Activist Investor: Donald Trump  The New York Times Trump’s pay-me capitalism puts the squeeze on corporate America  Axios Is Trump a socialist?  vox.com Corporate America is silent as Trump abandons free-market principles  CNN Art of the Deal: How Trump is capturing the private sector  Politico Source link

US to take 10% equity stake in Intel, in Trump’s latest corporate move  Reuters Intel Agrees to Sell U.S. a 10% Stake in Its Business  The New York Times U.S. government takes 10% stake in Intel, as Trump expands control over private sector  CNBC Intel will give the U.S. government a 10% stake, Trump says  NPR Trump poised to unveil Intel deal for equity …

Trump’s pay-me capitalism puts the squeeze on corporate America  Axios Is Trump a socialist?  vox.com Corporate America is silent as Trump abandons free-market principles  CNN How Trump is turning Washington into a shareholder  Quartz Trump Targets Corporate America to Achieve Economic and Foreign Policy Goals  Bloomberg.com Source link

New Texas Laws Open a Wild West for Corporate Governance  The New York Times Source link

After 133 years, a bankruptcy, and multiple reinventions, Kodak’s latest snapshot is grim: The company says there’s “substantial doubt” it can stay in business. In a quarterly filing released Monday alongside its second-quarter earnings report, Kodak’s management raised serious concerns about its ability to continue operating over the next year. The warning stems from roughly $500 million in debt maturing …

Trump’s unusual Nvidia deal raises new corporate and national security risks, lawmakers and experts say  Reuters Trump’s chip deal sets new pay-to-play precedent for U.S. exporters  The Washington Post White House says it’s working out legality of Nvidia and AMD China chip deals  CNBC Opinion | Now Trump Wants an Export Tax  The Wall Street Journal China hawks claw at Nvidia deal  Politico Source link