Nike earnings and sales beat estimates, retailer books record revenue in North America

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Nike earnings and sales beat estimates, retailer books record revenue in North America

Nike also saw a boost to its wholesale business — something that was largely inactive a year earlier during the Covid pandemic, when shopping malls and department stores had to temporarily shut their doors and put orders for merchandise on pause.
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Saying 'we have to move forward,' mayor describes the future without Eastland mall

The Eastland Center will likely be demolished to make way for a $94.2 million industrial complex that could include a distribution facility, Harper Woods Mayor Valerie Kindle confirmed at a news conference Thursday. The plans include demolishing the mall, …
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Nasdaq and S&P 500 end at record highs; Dow jumps

June 24 (Reuters) – The Nasdaq and the S&P 500 indexes closed at record highs on Thursday, with the Dow also jumping almost 1% after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal. With massive fiscal stimulus helped the …
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South Africa Bitcoin 'Ponzi' Scheme Out of Regulator's Reach

They promised a minimum return of five times the amount invested, according to a police statement by one investor seen by Bloomberg. In the end, he
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FedEx delivers record earnings, but shares fall after hours

FedEx Corp., which has thrived during the coronavirus pandemic, on Thursday reported that “exceptional” growth in U.S. and international shipping propelled it to a record fourth quarter. “We continue to play an important role in global economic recovery and …
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