The Risky Strategy Behind Nike's Massive Holiday Discounts
The sneaker giant's new CEO is trying to clear out inventory, pressuring retailer partners.
FedEx Shares Jump on Plan to Spin Off Freight Trucking Division
The company has been under pressure to unlock shareholder value and streamline operations.
Novo Nordisk Is Ready to Ramp Up GLP-1 Manufacturing Following $11B Factory Deal
Novo has handed Henrik Wulff one of the most complex jobs in all of pharmaceuticals.
What's Behind Micron's Stock Stumble-and What Comes Next
Micron told investors that it expects revenue to fall 9% sequentially in its fiscal second quarter.
Walmart Dynasty Passes Some Control to the Next Generation of Heirs
The wealthy Walton family says eight grandchildren will now have a say in the clan's ownership.
Cost of Buyer Incentives Looms Over Home Builders
Lower-rate loans and other incentives have helped the biggest home builders sell new houses at a decent clip this year, even as stubbornly high mortgage rates weigh on sales of existing homes.
Expedia Picks Former eBay Executive as Finance Chief
Scott Schenkel was interim CEO of eBay until Jamie Iannone was hired for that role in 2020. He served as eBay's finance chief before that.
AAR to Pay Over $55 Million to Resolve Probes Over Foreign Corruption Schemes
The aviation services company, which obtained profits of nearly $24 million as a result of the schemes, entered into an 18-month non-prosecution agreement with the Justice Department.
Thousands of Amazon Workers Strike During Pre-Christmas Rush
The action comes over contract negotiations and the company's refusal to recognize the Teamsters labor union.
Tesla Stock Gains. How Its 'Monster Move' Continues.
The shares have raced far ahead of Wall Street price targets and earnings estimates.
(END) Dow Jones Newswires
December 19, 2024 21:00 ET (02:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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