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Kaepernick ad spurs Nike boycott campaign

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 […]

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Business + Coffee: Nike and Kaepernick risk, Trump and Canada, self-driving trucking report

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 […]

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Goldman Sachs worries Tesla's losing of a key tax credit could mean the end of high-end buyers (TSLA)

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 […]

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Norwegian Air sees possible Airbus aircraft sales before year end

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 […]

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Nike shares hit as Kaepernick ad spurs boycott

Former San Francisco quarterback Kaepernick, the first NFL player to kneel during the national anthem as a protest against racism, 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. “First the @NFL forces me to choose between my favorite sport and my country. “Then @Nike forces me to choose between my favorite shoes and my country. …read more […]

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JD.com shares fall after CEO's arrest and release

Chinese retailer JD.com Inc’s stock fell about 3.6 percent in early trading on Tuesday after the firm’s CEO was arrested in the United States on suspicion of criminal sexual conduct and later released. Richard Liu, who founded the firm in 1998, was arrested by police in the U.S. city of Minneapolis on Friday and released the next day before returning to China. Minneapolis police said on Sunday that “an active investigation” was under way. …read more […]

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Lockheed to make wings for F-16 jet in India with partner Tata

Lockheed Martin (LMT.N) will build wings for its F-16 combat plane in India with its local partner, Tata Advanced Systems Limited, an executive at the U.S. company said on Tuesday. Lockheed is bidding for a contract – estimated at more than $15 billion – to supply the Indian air force with 114 combat planes, which must be all manufactured locally under Prime Minister Narendra Modi’s flagship Make in India program. “Producing F-16 wings in India will strengthen Lockheed Martin’ strategic partnership with Tata and support Make in India,” the company said in a statement. …read more […]