America’s supply chain is under attack. From coast to coast, organized criminal groups are hitting trucks on the road, breaking into warehouses and pilfering expensive items from train cars, according to industry experts and law enforcement officials CNBC interviewed during a six-month investigation. It’s all part of a record surge …
A’ja Wilson, a center for the Las Vegas Aces, is widely acknowledged as the best player in the Women’s National Basketball Association. She is something like the league’s on-court answer to LeBron James or Michael Jordan. “I don’t shy away from having conversations with her about being the greatest to …
Here are the biggest calls on Wall Street on Wednesday: Bank of America reiterates Spotify as buy Bank of America sees “profitability momentum” following earnings on Tuesday. ” SPOT reported a solid 1Q as gross margins and operating income were above our forecast, while revenue and [monthly active users] were …
Here are Tuesday’s biggest calls on Wall Street: Bank of America reiterates Netflix as buy The firm said it’s bullish on the stock ahead of earnings later this week. “Amid recent market volatility, Netflix’s strong subscription model with critical entertainment (which historically has performed well in a recession) has made …
An aerial view of containers sitting stacked at Nanjing Port Longtan Container Terminal in Nanjing, Jiangsu Province of China, on March 17, 2025. Vcg | Visual China Group | Getty Images Trade experts tell CNBC that the tariffs announced by President Donald Trump on Wednesday are equivalent to building a …
File: workers at the Maxport factory, which makes activewear for various textile clothing brands, in Hanoi. Nhac Nguyen | Afp | Getty Images Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China. For years, China’s southern …
Maybe it is worth waiting for stocks like Wynn Resorts , names so cheap that they can’t be explained. On Friday, I spent a considerable amount of time with Wynn CEO Craig Billings at his incredible hotel, the gem of the Las Vegas strip, talking about his business and its …
Nike on Thursday warned that sales will drop by a double digit percentage in its current quarter as the sneaker giant contends with new tariffs, sliding consumer confidence and a slower than expected turnaround. In a conference call with analysts, finance chief Matt Friend said Nike expects its sales decline …
Foot Locker said Wednesday it expects another year of deep discounts in the sneaker industry as its largest brand partner Nike continues its reset and relies on markdowns to clear through stale inventory. The footwear giant delivered mix results for its holiday quarter, beating Wall Street’s expectations on earnings but …
For decades, a small but passionate group of academics has offered a potential balm for the fraught relationship between athletics and education at major universities: Allow students to major in sports. One such educator is David Hollander, a clinical professor at New York University’s School of Professional Studies. He has …