Business

  • BusinessFootwear News

    JD Sports CEO Looking Forward to Nike’s New Product Innovations Later This Year as Demand Wanes on Core Models

    CEO Régis Schultz faced a barrage of questions from analysts on Thursday related to its business with Nike.

    3-min read
  • BusinessReuters

    Automotive computer chip maker NXP rolls out new platform

    NXP Semiconductors NV, the biggest maker of computer chips for cars, on Thursday said it had introduced a new platform that will simplify and speed up software development for its customers. The platform, which integrates software from partner companies and a new line of advanced NXP chips, makes it possible to standardize software development for many of the ever-growing number of electronics systems used in cars. It will not be used for advanced driver assistance systems or main screen displ

    1-min read
  • BusinessBloomberg

    Blackwells Sues Disney Over Ties to ValueAct in Proxy Fight

    (Bloomberg) -- Blackwells Capital LLC asked a Delaware judge to force Walt Disney Co. to hand over records about its relationship with activist investor ValueAct Capital Management and the role it played in a fight over the makeup of the entertainment giant’s board of directors.Most Read from BloombergBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineDubai Is Losing Its Allure for Wealthy RussiansLondon Insurers

    1-min read
  • BusinessBloomberg

    Blackstone Sells $1 Billion of California Warehouses to Rexford

    (Bloomberg) -- Blackstone Inc. sold 48 warehouses in Southern California to Rexford Industrial Realty Inc. for $1 billion. Most Read from BloombergBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineDubai Is Losing Its Allure for Wealthy RussiansLondon Insurers Face Baltimore Bridge Payouts Worth BillionsUBS Banker’s Frustration Exposes Cracks in World of Climate FinanceThe properties total more than 3 million squa

    1-min read
  • BusinessBloomberg

    Stock Bulls Crush Naysayers With $4 Trillion Rally: Markets Wrap

    (Bloomberg) -- A stellar quarter for stocks ended on a positive note on speculation the Federal Reserve will be able to achieve a soft landing that will keep powering Corporate America.Most Read from BloombergBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineDubai Is Losing Its Allure for Wealthy RussiansLondon Insurers Face Baltimore Bridge Payouts Worth BillionsUBS Banker’s Frustration Exposes Cracks in World o

    6-min read
  • BusinessBloomberg

    Baltimore Bridge Collapse Adds to Mounting Pulp Market Headaches

    (Bloomberg) -- The collapse of a major Baltimore bridge is creating disruptions in the flow of pulp into the US, in the latest headache for some of the largest exporters of the key ingredient in toilet paper.Most Read from BloombergBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineDubai Is Losing Its Allure for Wealthy RussiansLondon Insurers Face Baltimore Bridge Payouts Worth BillionsUBS Banker’s Frustration Ex

    2-min read
  • BusinessSemafor

    Sam Bankman-Fried sentenced to 25 years in jail for crypto fraud

    The sentencing wraps up the months-long drama in one of the largest financial fraud cases in U.S. history.

    4-min read