Text size Gross margins fell 8.20 percentage points, even with fewer discounts, due to supply chain disruptions and related costs. Timothy A. Clary / AFP via Getty Images Nike shares fell after hours as the sporting goods retailer lost a surprise in its fiscal fourth quarter amid store closings as …
Read More »Kentucky Capitol Meeting Urges Action on Breonna Taylor’s Death
Hundreds of people have gathered at the Kentucky Capitol to urge action in the investigation of three police officers in the fatal shooting of a black woman, Breonna Taylor, in Louisville. By Associated Press DYLAN LOVAN June 25, 2020 8:33 PM 3 min read 3 min read Share on FacebookShare …
Read More »Virus testing, tracking still rife with reports of delays
ATLANTA (AP) – As part of the plan to restart its season next month, the NBA is preparing to test hundreds of players, coaches, and others for the coronavirus each night inside a “basketball bubble,” a space in the Disney complex near Orlando, Florida with additional protection from disease. Test …
Read More »Stock market gains despite coronavirus spread, disappointing unemployment claims
Text size Illustration by Mike Haddad. Investors analyzed concerns about the virus midday Thursday, taking advantage of some early gains even amid mixed data. The Dow Jones Industrial Average and S&P 500 rose 0.2% in recent trade, while the Nasdaq Composite rose 0.4%. The latest unemployment figures show that while …
Read More »Factbox: More US Companies Join Boycott Of Facebook Ads
(Reuters) – A handful of American companies have pulled advertising from Facebook Inc. in support of a campaign that called on the social media giant for not doing enough to stop hate speech on their platforms. FILE PHOTO: Silhouettes of laptop users are seen alongside an on-screen projection of a …
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