Protesters on social media called for people to burn their Nike sneakers and boycott the sporting goods maker after it chose former San Francisco quarterback Colin Kaepernick, the first NFL player to kneel during the national anthem as a protest against racism, to participate in a new ad campaign.
French pharmaceutical giant Sanofi will pay more than $25 million to settle charges that its Kazakhstan and Middle East subsidiaries made corrupt payments to win business, the top U.S. securities regulator said on Tuesday.
Offshore oil driller Transocean Ltd said on Tuesday it would buy peer Ocean Rig UDW Inc in a $2.7 billion cash-and-stock deal, its second major acquisition this year as the company bets on a recovery in the offshore sector. The acquisition signals new optimism for offshore drillers, which were hit hard by the steep plunge in oil prices from 2014. Offshore projects, which are more costly than onshore work and take years to develop, became less attractive after oil prices fell to below $30 a barrel in 2016. …read more […]
Shares in the Beaverton, Oregon-based Nike Inc fell more than 2 percent after Kaepernick posted a black-and-white close-up of himself on Instagram on Monday featuring the Nike logo and “Just do it” slogan, along with the quote: “Believe in something. Kaepernick will be one of several faces for a campaign marking the 30th anniversary of Nike’s “Just Do It” slogan. President Donald Trump has been critical of athletes taking a knee during the national anthem and has said he would love to see NFL owners fire football players who disrespect the American flag. …read more […]
Tuesday, September 4: Nike makes Colin Kaepernick the face of the 30th anniversary of its ‘Just Do It’ campaign, some people threaten to boycott; President Donald Trump tweets that he might just leave Canada out of new NAFTA deal; new report says self-driving tech will have major impact on trucking industry. Yahoo Finance’s Dan Roberts serves your news. …read more […]
If you want to know who really controls Ford Motor Company (NYSE:F), then you’ll have to look at the makeup of its share registry. Generally speaking, as a company grows,Read More… …read more […]
Volkswagen hiked the number of passenger cars registered for road use with the authorities by 46.2 percent in Germany last month, lifting German passenger car registrations by 24.7 percent in August, statistics from the KBA German vehicle authority showed.
U.S. manufacturing activity accelerated to more than a 14-year high in August, boosted by a surge in new orders, but growing concerns over rising raw material costs as a result of import tariffs could restrain further growth.
Ford Motor Co. reported a 4.1 percent increase in light-vehicle sales in August, beating the average estimate for a decline of 0.8 percent. The company’s F-Series pickups continued to be popular with consumers, … …read more […]
U.S. stocks tumbled on Tuesday as a drop in heavyweights Facebook and Nike added to worries over trade negotiations between the United States and other major economies.
Even with a yield as impressive as Verizon’s, there are some companies out there that are even more generous. …read more […]
Goldman Sachs reinstated its coverage of Tesla on Tuesday after briefly dropping the name during Elon Musk’s go-private bid. Follow Tesla’s stock price in real-time here. Goldman Sachs has relaunched its research coverage of Tesla after briefly suspending coverage during CEO Elon Musk’s short-lived bid to take the electric-car maker private. …read more […]
A recent court decision to nullify the approval of the Trans Mountain Pipeline expansion means the company made the right decision to hand over that project to the Canadian government. …read more […]
Norwegian Air (NWC.OL) expects to announce further aircraft sales by the end of the year including used Boeing 737s as well as some of the new Airbus planes it has on order to reduce it debt commitments. Norwegian Air has committed to acquire 210 new aircraft from Boeing and Airbus by 2020. “We have 90 neos (A320neo) from Airbus on order. …read more […]
Shares are soaring following the company’s announcement of a new partnership agreement. Here’s what investors need to know. …read more […]
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