Nike reports $790M loss after Covid forces store closures

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Nike reports $790M loss after Covid forces store closures

Nike on Thursday reported a major loss, of $790 million, as well as quarterly revenue $1 billion below Wall Street expectations during its fiscal fourth-quarter. The company said Covid forced mass store closures in North America. However, Nike’s digital sales …
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Shocked By The Labor Secretary's Double Talk: Ritholtz (Radio)

U.S. Labor Secretary Eugene Scalia discusses jobs and reopening with Bloomberg's Alix Steel and Guy Johnson, and Barry Ritholtz, Bloomberg
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Cannabis company Canopy Growth signs deal to amend Acreage Holdings deal

Canopy Growth Corp. is shaking up its Acreage Holdings Inc. acquisition deal because of “broader market and economic factors.” Smiths Falls, Ont.-based Canopy signed an agreement in April 2019 to takeover the New York company if cannabis production …
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Real Estate Accounting: What Investors Should Know About Managing Their Money

A huge part of accounting is bookkeeping, or keeping those records up to date. However, beyond that, you also need to be able to summarize, analyze,
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Today's Mortgage Rates – June 25, 2020

Share this page: Facebook share icon · Twitter icon · LinkedIn social share icon · Mail icon. Large, fancy house with Daily Mortgage branding. Image source: Getty Images. Mortgage rates can change on a weekly, and even a daily basis, so if you’re looking to …
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