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- BusinessReuters
Nike to lay off 740 employees at Oregon headquarters
The "second phase of impacts" would begin by June 28 at its headquarters, Michele Adams, Nike's vice president for people solutions, said in a legally mandated notice to state authorities. Nike had in December announced a cost savings plan for $2 billion over the next three years, and in February said it would cut about 2% of its total workforce, or more than 1,600 roles. It had about 83,700 employees as of May 31, 2023.
1 min read - BusinessGOBankingRates
How Rich Are Biden, Trump and These Other Potential 2024 Presidential Candidates?
With the 2024 presidential election months away, on November 5, 2024, candidates have been dropping out of the race until just a handful of hopefuls remain. The U.S. president earns $400,000 a year,...
6 min read - BusinessMotley Fool
Why Forestar Group Stock Was Sinking This Week
The company easily topped analyst estimates in its fiscal second quarter, but its immediate future might not be so rosy.
3 min read - BusinessBenzinga
Trump Media & Technology Group Allege Naked Short Selling, Seek Nasdaq's Intervention (Update-2)
Editor’s Note: We have updated the story with comment from Citadel’s spokesperson in paragraph 7, and Truth Social’s response to Citadel in last paragraph Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are trading higher on Friday. In an exchange filing, the company said it sent a letter to Nasdaq regarding suspected short-selling activity in its shares. “As you know, “naked” short selling—selling shares of a stock without first borrowing the shares deemed difficult to locate—is genera
3 min read - BusinessCBS News
A bitcoin halving is imminent. Here's what that means.
In the next day or two, bitcoin is expected to go through a preprogrammed event that will cut new production of the cryptocurrency.
3 min read - LifestyleAutoblog
Stick-shifted 1986 Jeep Cherokee shows where crossovers come from
The XJ-generation Jeep Cherokee helped shape the modern crossover, and an early example showing the model's roots is listed on Cars & Bids.
4 min read - BusinessIEN
World’s Largest Hydrogen Ships Are Being Built in Norway
The vessels will be longer than a football field once completed.
1 min read