Tag Archives: General news

Nike slips on Covid-related surprise loss

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 …

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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 …

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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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