China's state broadcaster targets Nike for alleged false advertising

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China's state broadcaster targets Nike for alleged false advertising

Sportswear brand Nike has been targeted by China's influential state television broadcaster for alleged false advertising. The company was accused of selling sneakers in China that didn't have the “Zoom Air” cushion in the shoe as advertised.
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Dow closes up triple digits after Fed raises rates

U.S. stocks closed higher Wednesday, helped by a bounce in oil prices, after the Federal Reserve took a less aggressive stance than expected.
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Luxury Car Buff 'Mr. Karim' at Center of Russia Yahoo Hack

When Karim Baratov said on Facebook he'd paid off a mortgage and drove a BMW 7 series at high school, classmates thought he had rich parents.
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Brexit Bulletin: Hitting Reverse

Sign up to receive the Brexit Bulletin in your inbox, and follow @Brexit on Twitter. Just eight days ago, Chancellor of the Exchequer Philip Hammond
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Fund Managers Seeking Redemption Lag Behind Indexes in February

That's according to data from Bank of America Corp., which show only 35 percent of U.S. active mutual fund managers beating their benchmark in
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