John Donahoe took over as Nike CEO in January 2020. Kim Kulish | Corbis via Getty Images Nike announced a series of leadership changes Wednesday, as well as job cuts, in an effort to focus on its digital business and sell more directly to customers as the coronavirus pandemic changes …
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United Airlines CEO Scott Kirby said Wednesday that he expects air fares to drop as the pandemic continues to depress demand for flights. “I guess prices will go down in the short term,” Kirby told CNBC’s “Squawk Box”. All the normal price metrics … in this pandemic are a little …
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Pershing Square Capital Management founder Bill Ackman said his new special-purpose acquisition company is the “investor-friendly SPAC in the world.” “What’s new in our structure is that it is the first SPAC where we are not receiving compensation: no management fees, incentive fees … we are not buying cheap stocks. …
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The United States will pay $ 1.95 billion for Pfizer to produce and deliver 100 million doses of its candidate vaccine Covid-19 in the US if proven to be safe and effective in humans, the government announced Wednesday. Under the agreement, the United States can purchase an additional 500 million …
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A powerful 7.8 earthquake shook the Alaska Peninsula and a tsunami warning was issued. According to the US Geological Survey, the 7.8 magnitude earthquake occurred on Tuesday at 11:12 p.m. PST. It was 6 miles (9.6 km) deep and centered 60 miles (96 km) south-southeast of Perryville, Alaska. Early Wednesday …
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