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Investing.com — Nike Inc’s (NYSE:NKE) turnaround strategy under new CEO Elliot Hill is creating short-term challenges but could set the stage for recovery by 2025, Truist said in a note. The…

By Alexandra Alper and Karen Freifeld (Reuters) – The Biden administration plans to blacklist a Chinese company whose TSMC-made chip was illegally incorporated into a Huawei artificial-intelligence processor, according to…

By Abhijith Ganapavaram (Reuters) -FedEx’s decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant to better tackle challenges in its core…

Investing.com — Shares of Cytokinetics (NASDAQ:CYTK), Incorporated (NASDAQ:CYTK) climbed 4.8% after the company announced that Sanofi (NASDAQ:SNY) will acquire exclusive rights to develop and commercialize aficamten in Greater China, a…

By Manya Saini (Reuters) -The U.S. Consumer Financial Protection Bureau said on Friday it had filed a lawsuit against JPMorgan Chase (NYSE:JPM), Bank of America, and Wells Fargo (NYSE:WFC) for…

Friday’s market has seen notable movements across various stocks, with significant activity in both the mega-cap and large-cap categories. Eli Lilly and Co (LLY) and Avago Technologies (NASDAQ:AVGO) are among…

Investing.com – Turkey stocks were lower after the close on Friday, as losses in the Leasing & Factoring, Telecoms and Real Estate Investments sectors led shares lower. At the close…

By Laila Kearney NEW YORK (Reuters) -U.S. data center power demand could nearly triple in the next three years, and consume as much as 12% of the country’s electricity, as…

(Reuters) -FIFA and Netflix (NASDAQ:NFLX) have signed a deal to broadcast the 2027 and 2031 editions of the women’s World Cup in the United States, world soccer’s governing body said…

(Reuters) – The National Highway Traffic Safety Administration on Friday proposed a new process to streamline reviews of exemptions filed by automakers seeking to deploy self-driving vehicles without required human…