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Nike cutting back on classic shoes after losing market share to newer rivals

Nike on Thursday warned that sales will shrink by a low-single-digit percentage in the first half of fiscal 2025 as the world’s largest sportswear maker scales back its franchise operations to cut costs. Nike’s warning was issued after the stock market closed, and its stock price fell 5.6% in extended trading. Executives acknowledged that Nike’s […]

Trump is losing the cash race to Biden

Former President Trump is far behind President Biden in fundraising, and could be at a significant disadvantage as the general election campaign gets into full swing. Although President Trump raised more money in February than in January, his monthly income and cash reserves since the start of March have far exceeded Biden’s operations. Trump’s 2024 […]

Tesco to change Clubcard Prices branding after losing case to Lidl | Tesco

Tesco has removed the blue and yellow logo used to promote its Clubcard loyalty scheme after losing an appeal against a ruling that it copied Lidl’s design (rebranding could cost millions of pounds) ) has been abolished. Legal experts said Lidl was entitled to seek compensation for trademark infringement, which could result in a further […]

8 in 10 Americans Say Religion Losing Influence in Public Life

A majority of U.S. adults believe religion is losing influence in public life, new Pew Research Center says investigation found. Overall, 80 percent of U.S. adults say the role of religion in American life is shrinking, “the percentage is higher than ever,” according to the poll report. Almost half (49%) say the declining influence of […]

Iced spice: are jalapeños really losing their heat? | Food

TJalapeno peppers have long been synonymous with spiciness, but if you feel like they’ve lost their power, it’s not your fault. Some jalapenos are really less spicy thanks to the shadow forces. Dining Critic Brian Reinhart blown away the whole thing In an article published last year in Dallas-area publication D Magazine.I caught it last […]

72% of High Earners Fear Losing Job to AI, Economic Woes

A new survey reveals that the technology industry’s relentless wave of layoffs and the rise of AI are causing widespread job security fears among American workers. More than 72% of Americans making more than $150,000 a year fear losing their jobs to AI and other sources of economic uncertainty, and even 50% of Americans making […]