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Karl-Anthony Towns’ shooting slump hasn’t hurt Knicks yet

Knicks are rising with five consecutive victories over the range of three points by the All -Star Center Karl Anthony Towns. The town was shooting 44.9 % for a long distance to a long distance until January 13, and then sitting two games with a twist and bone chip with his right thumb. KARL-ANTHONY TOWNS […]

MSNBC hosts taking pay cuts following major ratings slump

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Dow tops 45K for first time but Wall Street slips as tech stocks slump

The Dow topped 45,000 for the first time, but Wall Street's major indexes fell on Wednesday, with the Nasdaq leading the decline as tech stocks fell ahead of the Thanksgiving holiday. Meanwhile, investors were watching to see what the Federal Reserve's next action would be based on the outlook for inflation. In afternoon trading, the […]

Nissan axing 9,000 jobs, CEO cuts his own pay as US sales slump

Nissan Motor Co. said Thursday it will cut 9,000 jobs and 20% of its global manufacturing capacity as it seeks to cut costs by $2.6 billion this fiscal year against the backdrop of weak sales in China and the United States. The plan highlights the vulnerability of Japan's third-largest automaker, which has yet to fully […]

Starbucks CEO says company will fix ‘overly complex menu’ to reverse sales slump

Stacey Widlitz, founder of SW Retail Advisors, analyzes why Starbucks' stock price is soaring after announcing a new CEO on “Craman Countdown.'' Starbucks CEO Brian Nicol said the company plans to simplify its menu and revise its pricing strategy to win back customers and reverse declining sales. Nicol, who left Chipotle in August to lead […]

Louis Vuitton owner LVMH sales slump on weak China demand

Bernard Arnault's luxury fashion group LVMH led rival stocks lower on Wednesday after reporting disappointing sales due to weak demand in China. LVMH's fashion and leather goods division, which includes iconic brands such as Louis Vuitton and Dior, saw sales fall 5%, well below expectations for 4% growth. The sector's sales declined for the first […]