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Nike’s new CEO may look to fix retailer ties in sales revival push

By Juveria Tabassum (Reuters) – Nike (NYSE:NKE)’s new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat under outgoing chief…

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Sanofi says tolebrutinib drug delayed progressive MS by 31%

FRANKFURT (Reuters) – Sanofi (NASDAQ:SNY) said on Friday that its multiple sclerosis drug candidate was shown to delay worsening of a progressive form of the disease by 31%, as the…

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Weak Chinese demand likely weighing on luxury sector in second half – Jefferies

Investing.com — Weak consumer demand in China, slower spending by travellers, and an uncertain US economic outlook have likely been key headwinds facing the luxury sector in the second half…

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Asian markets cheer Fed’s first rate cut in over 4 years

Asian stock markets moved higher on Thursday as investors reacted to the Federal Reserve’s decision to implement a larger-than-expected 50 basis point rate cut in an effort to prevent a…

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Piper Sandler slashes Five9 price target to $35: Should you sell?

Yesterday, Piper Sandler maintained its Overweight rating on Five9 (NASDAQ: FIVN) but slashed the price target to $35 from $47, signaling concerns over the company’s ability to execute amidst economic…

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PayPal stock analysis: the train already left the station

PayPal (NASDAQ: PYPL) stock price has bounced back in the past few months, helped by its ongoing turnaround. It jumped to a high of $74.40 this month, its highest point…

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How Biden and Trump compare on Trump’s favorite metric: Stock prices

At the beginning of August, two of the most important indexes of American stocks — the Dow Jones Industrial Average and the S&P 500 — took a sharp downward turn.…

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Sean ‘Diddy’ Combs’s appeal denied in bail sentencing

NEW YORK — Sean “Diddy” Combs will remain behind bars after a federal judge ordered the music mogul to remain in federal custody as he awaits trial after his arrest…

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Harris urges Latino leaders to help mobilize key voting bloc

Vice President Kamala Harris on Wednesday called on Latino leaders from across the country to help her mobilize Hispanic voters as her campaign ramps up its efforts to court this…

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GOP senator insults Arab American advocate: ‘Hide your head in a bag’

A Senate Republican badgered an Arab American activist Tuesday during a congressional hearing about hate crimes with questions about whether she supported terrorist organizations, finally telling her that she should…

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