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Bloomberg12d agoneutral
US Sets New Forced-Labor Duties as Trump Resurrects Tariff Wall

(Bloomberg) -- The US will collect duties of at least 10% on imports from most major trading partners, its biggest move yet to reconstruct President Donald Trump’s tariff wall that was pierced by the Supreme Court.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearTrump’s 100%

7-Eleven sues Nike over Air Max 95 sneakers
Yahoo Finance Video29d agoneutralVIDEO
7-Eleven sues Nike over Air Max 95 sneakers

Yahoo Finance's Brooke DiPalma and Josh Lipton discuss 7-Eleven's federal trademark infringement lawsuit against Nike, which aims to block the unapproved release of an upcoming Air Max 95 sneaker featuring the convenience store's signature tri-color palette on July 11.

Nike unsteady as new legal fight brews
TheStreet31d agoneutral
Nike unsteady as new legal fight brews

Nike’s stock clawed back most of a steep post-earnings drop this week. Days later, a convenience store chain filed a federal lawsuit trying to block one of Nike’s biggest sneaker launches of the summer. The two storylines are unfolding almost simultaneously, but they have nothing to do with each ...

7-Eleven sues Nike over alleged Air Max 95 design infringing brand colors
Proactive33d agoneutral
7-Eleven sues Nike over alleged Air Max 95 design infringing brand colors

7-Eleven has filed a trademark infringement lawsuit against Nike Inc (NYSE:NKE, XETRA:NKE), alleging that the design of an upcoming Air Max 95 sneaker improperly incorporates elements of the convenience store chain’s branding. The complaint, filed in federal court in Dallas, claims the shoe...

The Dow Just Had Its Best First Half Since 2021, but This Jobs Number Is Flashing Yellow
24/7 Wall St.34d agoneutral
The Dow Just Had Its Best First Half Since 2021, but This Jobs Number Is Flashing Yellow

The Dow just closed out its best first half since 2021, up 8.7% year-to-date, yet Wednesday’s open felt like a nervous glance at the door. CNBC’s Dominic Chu kicked off July with mixed earnings, one big M&A shrug, and a jobs report that gave the bulls something to chew on. Chu flagged the labor data. ... The Dow Just Had Its Best First Half Since 2021, but This Jobs Number Is Flashing Yellow

Tepid outlook weighs on Nike despite tariff refund boost
AFP35d agoneutral
Tepid outlook weighs on Nike despite tariff refund boost

Nike earnings released Tuesday were lifted by a hefty US tariff refund, but weak sales in China and a tepid forecast weighed on shares.But company officials said sales had picked up in June, citing a lift from the World Cup, as well as the pullback in gasoline prices after the US-Iran memorandum of understanding on ending the war.

June Jobs Numbers: What to Watch This Week
The Wall Street Journal36d agoneutral
June Jobs Numbers: What to Watch This Week

Investors will turn to Thursday’s employment data this week as they try to anticipate the Federal Reserve’s path for interest rates. The year started with expectations that a new Trump-appointed Fed chairman would lower rates.

June Jobs Numbers: What to Watch Next Week
The Wall Street Journal40d agoneutral
June Jobs Numbers: What to Watch Next Week

Investors will turn to Thursday’s employment data as they try to anticipate the Federal Reserve’s path for interest rates. The year started with expectations that the new Trump-appointed Fed chairman would lower rates.

Nike CEO Elliott Hill Admits Turnaround Is Taking Longer Than Expected: 'We Still Have Work To Do'
Benzinga43d agoneutral
Nike CEO Elliott Hill Admits Turnaround Is Taking Longer Than Expected: 'We Still Have Work To Do'

Nike Inc. CEO Elliott Hill admitted that the company’s restructuring process is not progressing as swiftly as initially planned. Hill attributed the delay to the magnitude of Nike’s challenges, amplified by U.S. tariffs and increasing oil prices that have affected consumer spending. “What I didn’t realize until I got in is the amount of work that needed to be done and the amount of time [it would take] to get us to where we are and, more importantly, where we want to go,” Hill told in an intervi

Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike, SpaceX, Synopsys, Target, and More
24/7 Wall St.43d agoneutral
Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike, SpaceX, Synopsys, Target, and More

Pre-Market Stock Futures: Futures are trading lower after a mixed start to trading on Monday, following the holiday-shortened week due to the Juneteenth Federal holiday. We may start to see some end-of-the-quarter reallocations and selling for Hedge funds, ETFs, and Mutual Funds this week, and today looks like a starting point. With most corporate buybacks ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike,

1 Cash-Rich Dividend Legend Retirees Can Lean On Even If Rate Hikes Return
24/7 Wall St.48d agoneutral
1 Cash-Rich Dividend Legend Retirees Can Lean On Even If Rate Hikes Return

Wall Street is treating Nike (NYSE:NKE) like a broken brand, but the dividend tells a different story. After a 29.55% YTD slide to $44.19, the yield has climbed to 3.58%, the richest level in years. With the Fed signaling higher-for-longer rates, I want to know whether this payout is built to last. Dividend Snapshot Metric ... 1 Cash-Rich Dividend Legend Retirees Can Lean On Even If Rate Hikes Return

Nike gets World Cup opportunity it can’t afford to waste
TheStreet49d agoneutral
Nike gets World Cup opportunity it can’t afford to waste

Nike (NKE) is entering the World Cup with one of the biggest marketing opportunities in sports. The brand has new football boots, new federation shirts, a global campaign, and thousands of revamped store displays tailored around sport’s biggest stage. That should be a great situation for a brand ...

Mark Kelly Says Americans Paid 'Price' For Trump Admin's 'Chaotic' Tariff Policy And Savings Should Go Back To Them As Nike Faces Class Action Suit
Benzinga83d agoneutral
Mark Kelly Says Americans Paid 'Price' For Trump Admin's 'Chaotic' Tariff Policy And Savings Should Go Back To Them As Nike Faces Class Action Suit

Political pressure is building for consumer rebates after Sen. Mark Kelly (D-Ariz.) on Wednesday accused the administration's tariff policy of raising costs for households while allowing major corporations to retain the financial benefits. In a post on X, Kelly said, "Americans have paid the real price of this administration’s chaotic tariff policy. The savings should go back to them, not big corporations who raised prices and did just fine." Americans have paid the real price of this administra