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Nike slides after tapping Colin Kaepernick as the new face of its 'Just Do It' ads (NKE)

Colin Kaepernick is the new face of Nike’s “Just Do It” ad campaign. Follow Nike’s stock price in real-time here. Nike dropped 2.9% in trading Tuesday after the sneaker giant revealed Colin Kaepernick as the 30th anniversary face of its famous “Just Do It” ad campaign. …read more […]

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T-Mobile’s Sprint Deal Gets Tailwind From Chinese M&A Talks

A potential megadeal between Chinese wireless carriers could give a boost to two companies half a world away: T-Mobile US Inc. and Sprint Corp. China United Network Communications Group Co. is said to be exploring a merger with China Telecommunications Corp., a transaction that would unite the country’s second- and third-largest carriers. The Chinese deal would be part of that country’s push to develop advanced 5G network technology, raising concerns that the U.S. could fall behind in that area — a vulnerability that T-Mobile hopes to address with a Sprint acquisition. …read more […]