Nike President and CEO John Donahoe.Source: NikeNike CEO John Donahoe on Friday blamed remote work for the company falling behind on innovation, saying that it's tough to be disruptive when people are working from home. In an interview with CNBC's Sara Eisen from Paris, Donahoe was asked about the company's...
Illuminated trademark of the American athletic footwear and apparel corporation Nike, Inc. seen on the Nike Store window in Antwerp, Belgium. (Photo by Karol Serewis/SOPA Images/LightRocket via Getty Images)Karol Serewis | Lightrocket | Getty ImagesNike CEO John Donahoe acknowledged Friday that the company moved too far away from wholesale...
Boxes of Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024. Hollie Adams | ReutersEuropean Union drug regulators found no evidence that highly popular weight loss and diabetes drugs such as Wegovy and Ozempic are linked to an increased risk of suicidal thoughts...
Caitlin Clark of the Iowa Hawkeyes waves to the crowd during senior day festivities after the match-up against the Ohio State Buckeyes at Carver-Hawkeye Arena on March 3, 2024 in Iowa City, Iowa.Matthew Holst | Getty Images Sport | Getty ImagesThree years after three little letters revolutionized collegiate...
The F-150 Lightning on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCDEARBORN, Mich. — Ford Motor is lowering the starting prices of some all-electric F-150 Lightning pickup trucks as it prepares to resume shipping the vehicles after quality issues.The included models are...
Shohei Ohtani's former translator Ippei Mizuhara allegedly stole more than $16 million from the Los Angeles Dodgers star to cover millions of dollars of gambling debts, the U.S. attorney's office announced Thursday.The office, which filed a criminal complaint against Mizuhara on Thursday, also said Ohtani had no knowledge of...
RobertCrum | Getty ImagesDETROIT – Skyrocketing auto insurance costs helped contribute to inflation accelerating at a faster-than-expected pace in March and are adding to the ever more expensive costs for U.S. vehicle owners.On a monthly basis, car insurance prices as part of the consumer price index rose by by...
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 7, 2024.Brendan Mcdermid | ReutersThe benefits of scale will never be more obvious than when banks begin reporting quarterly results on Friday.Ever since the chaos of last year's regional banking crisis...
A nurse prepares a dose of Moderna Covid-19 vaccine at Oltepesi Dispensary in Kajiado, Kenya, on September 9, 2021.Patrick Meinhardt | AFP | Getty ImagesModerna on Thursday said it has paused plans to build a vaccine manufacturing site in Kenya after a steep drop in demand for its Covid...
A sign is seen on a Buffalo Wild Wings restaurant on November 28, 2017 in Miami, Florida. Joe Raedle | Getty Images News | Getty ImagesBuffalo Wild Wings opened its 100th Go location on Wednesday in New York City, four years after unveiling the quick-service offshoot of its sports bar...