Nike CEO Elliott Hill's 5 Key Turnaround Changes in 2025
📋 Key Facts ✓ Elliott Hill became Nike's CEO in October 2024 after retiring in 2020. ✓ Nike's revenue declined 10% year over ye...
Dec 22Business InsidereconomicsImpact
📋 Key Facts ✓ Elliott Hill became Nike's CEO in October 2024 after retiring in 2020. ✓ Nike's revenue declined 10% year over ye...
An Amazon return center inside a Kohl's department store. Kohl's Many retailers are extending their typical returns period for items bought during the holiday season. Amazon, Walmart, Target, and more...
China’s central bank has set the yuan’s daily reference rate at its strongest level in 15 months, as the currency strengthened in offshore trading and briefly broke through the closely watched seven-p...
Tourists planning to spend Christmas in Hong Kong have fuelled a surge in guest house bookings since October, driving occupancy and room rates to their strongest levels in five years. But those arrivi...
Russian President Vladimir Putin took questions on the war and the economy during his annual televised phone-in event. Contributor/Getty Images Most Russians expect the war with Ukraine to end in 2026...
ShopMy founders Harry Rein, Tiffany Lopinsky, and Chris Tinsley. Courtesy of ShopMy AI and social commerce are fueling millions of dollars in investments in the creator economy. Startups from generati...
Brian Niccol has spent his first year as CEO of Starbucks making a series of changes, big and small, to improve operations at the coffee giant. Eugene Gologursky/Getty Images for Fast Company Brian Ni...
Deloitte, KPMG, PwC, and EY make up the Big Four professional services firms. Emanuele Cremaschi//Getty Images, Craig T Fruchtman/Getty Images, Joan Cros/NurPhoto,, Joan Cros/NurPhoto via Getty Images...
Tel Aviv skyline. Elisa Schu/picture alliance via Getty Images Staff at multinational tech firms in Israel are increasingly seeking to relocate abroad, a new report says. The report found 53% of firms...
AI pioneer Geoffrey Hinton Pontus Lundahl/TT News Agency/AFP via Getty Images The "godfather of AI" says AI could trigger a new wave of job losses in 2026. "We're going to see AI get even ...
Little Rock, Arkansas. Sean Pavone/Shutterstock Atlas Van Lines tracked state-to-state migration patterns in 2025. The Midwest has become a hot spot for movers, although it doesn't appear on this list...
Tim Cook sporting a custom pair of Nike Vomero Plus sneakers at an Apple store reopening in Tokyo earlier this year. Apple Tim Cook bought $3 million in Nike shares, nearly doubling his stake in the c...
Tiffany Chng and Olivia Yiong, the founders of Cheak, started off as work besties in a previous corporate job. Aditi Bharade Tiffany Chng and Olivia Yiong were work besties at GuavaPass, a company bou...
Thousands of student-loan borrowers are waiting for their income-driven repayment applications to be approved. nirat/Getty Images Over 800,000 student-loan borrowers are waiting for their income-drive...
Macy's plans to close stores over several years. kena betancur / AFP via Getty Images Nearly 300 US retail stores, including Macy's and Kroger locations, are set to close by the end of 2026. Major cha...
Rippling's CPO said he prefers to understaff than overstaff all his projects. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Rippling's product chief Matt MacInnis says he deli...
Barnes & Noble is among the retailers reportedly opening more stores in 2026. Al Drago/Getty Images Retailers such as Dollar General and Nordstrom Rack plan major store expansions in the US in 2026. S...
Toys R Us was one of the dominant toy retailers of the 1990s and early 2000s. Artur Widak/NurPhoto via Getty Images Toys R Us opened pop-up stores at some US malls this holiday season . The retailer h...
Beyoncé performs during the Renaissance World Tour. Kevin Mazur/WireImage for Parkwood Beyoncé is worth $1 billion, according to Forbes' estimates. Much of her wealth is derived from her valuable musi...
Chip Wilson stepped down from the CEO role at Lululemon in 2013. Jim Bennett/Getty Images Lululemon founder Chip Wilson has been a vocal critic of the brand since leaving the company. Some of his rema...