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...
Crypto majors fall for first time in 2026; BTC at $92k. Morgan Stanley files for BTC, ETH and SOL ETFs. US Senate schedules key vote for crypto market structure bill for next week. Hyperliquid release...
📋 Key Facts ✓ High earners across the US are actively spending during the holiday season. ✓ Middle-income households are facing financi...
Crumpled up losing lottery tickets sit in a wastebasket at a liquor store in California. The Powerball jackpot has surpassed $1 billion. The next drawing is on Monday. Juliana Yamada/Los Angeles Times...
Deal extricates the lender from one of the last businesses related to its ill-fated push into retail banking...
Donald Trump signed an executive order on Wednesday regulating defense contractors, including their executive pay. Anna Moneymaker/Getty Images; Taylor Hill/WireImage President Donald Trump took aim a...
The modular PC company Framework is adjusting the price of its DDR5 RAM modules once again as the cost of memory continues to surge. In an update on Wednesday , Framework said it will charge $10 per G...
Google cofounded Sergey Brin and Larry Page attended the Vanity Fair Oscar Party in 2007. Billy Farrell/Patrick McMullan via Getty Images T-Rex LLC, linked to Google founders Sergey Brin and Larry Pag...
Joe Depa is the global chief innovation officer at EY. EY EY's Joe Depa predicts adaptability will become "the new job security" in 2026. He said it's essential to keep learning through formal...
Reid Hoffman, the cofounder of LinkedIn, thinks AI will transform, not eliminate, jobs. Dominik Bindl/Getty Images Reid Hoffman, a prominent Democratic donor, is against California's proposed billiona...
A RAM (random access memory) chip, commonly used in PCs. HUIZENG HU/Getty Images As AI companies snap up memory chips , smartphone and PC makers face higher costs and tighter supply. IDC projected a 2...
📋 Key Facts ✓ The 'big beautiful' budget bill created a $2,000 above-the-line deduction on charitable donations. ✓ This deducti...
Sridhar Ramaswamy cautions against all-or-nothing thinking when it comes to AI. Justin Sullivan/Getty Images Snowflake CEO says the biggest misconception about AI is all-or-nothing thinking about its ...
GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US. REBECCA COOK/Reuters GM says it will take a $6 billion hit tied to scaling back its EV strat...
Greg Abel will make $25 million in cash in his new role. Kevin Dietsch/Getty Images Berkshire Hathaway disclosed that Greg Abel will make $25 million in his new CEO role. Abel's pay is a significant i...
Google cofounder Larry Page has cut his ties to California Justin Sullivan/Getty Images Google cofounder Larry Page is cutting ties with California. A source said Page had already left the state. He h...
ATG cofounders Dillon Erb and Daniel Kobran. Autonomous Technologies Group ATG cofounders Dillon Erb and Daniel Kobran raised $15 million to build an AI wealth strategist. Y Combinator CEO Garry Tan l...
Thiel Capital, founded by the billionaire tech investor Peter Thiel, opens a new Miami office amid California's proposed wealth tax debate. Marco Bello/Getty Images Thiel Capital opened a new Miami of...
Sephora uses AI to recommend skincare products. Smith Collection/Gado/Getty Images Major retailers, such as Walmart and Target, are integrating AI into their shopping experiences. Retailers have partn...
CD Projekt has sold its DRM-free PC storefront GOG to its original co-founder, Michał Kiciński, for 90.7 million Polish złoty (approx. $25.2 million). Kiciński is also co-founder of CD Projekt itself,...