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Nike shares plunge after sneaker giant warns sales could fall by double digits

Nike's shares plummeted on Friday. Investors were wary of new CEO Elliott Hill's turnaround plan after the struggling sneaker giant warned that sales could plummet in double digits. On Thursday, the company reported a 9% decline in sales during all Crusia holiday quarters, including a 17% slump in quarterly sales in China, predicting a sharper […]

German Auto Giant Audi Looks to Move Production to U.S.

German luxury car maker Audi said it is considering moving car production to the US to avoid tariffs from the Trump administration. Volkswagen's subsidiary Audi Brand said this week it is investigating a variety of long-term strategies, including the possibility of moving production to the US, to address President Donald Trump's restrictions on foreign imports. […]

Liberals eulogize Grijalva: 'A real giant of the House'

Progressive Democrats have waste no time praised the legacy of Rep. Raul Griarba (D-Ariz.), a subdivisional progressive lion who passed away Thursday at age 77 after his fight against lung cancer. Grijalva remembered Grijalva not only as a fierce champion of environment, immigrant rights and economic justice, but also as a leader of like-minded lawmakers […]

Intel’s new CEO tasked with turning around chip giant

Please see what you are clicking on foxbusiness.com. Intel announced on Wednesday that its new CEO will be at the helm of the chip maker. Next week, when CEO Lip-Bu Tan assumes his position at Intel, he will do his job to stimulate the company and increase his competitiveness. “I'm honored to be part of […]

Anti-woke beer company fires back at beer giant for ‘intimidation’ amid trademark dispute

First on FOX: The conservative beer company is being pushed back after beer giant Anhauser Bush went viral after criticising Bud Wright's relationship with transgender influencers and filed a trademark request for it. “Anheuser-Busch has filed a federal trademark opposition to the US Patent and Trademark Office (USPTO) in its corporate revenge against the conservative […]

Teams see ‘giant drop-off’ between Cam Ward and Shedeur Sanders

The gap between the two most exaggerated quarterback outlooks in this year's slimy class is one of the “huge” proportions. According to NFL insider Peter Schrager, Miami's Come Ward is considered a top option at quarterback in the 2025 NFL Draft, followed by a vast space before Chedure Sanders, the son of NFL legend Dion […]