Nike to Record $300 Million Charge From Cost-Cutting Efforts The sneaker company said the charge is primarily associated with employee severance costs, and that it is continuing to evaluate ...

Anthropic CEO Dario Amodei attends the AI Impact Summit in New Delhi, India, on Feb. 19. Anthropic CEO Dario Amodei said ...

The chip maker says it has visibility into more than $100 billion in AI chip revenue in 2027, and some analysts see even more ...

The war launched by the U.S. and Israel against Iran on Saturday has disrupted traffic through the strait, trapping thousands ...

Meeting all its redemption requests shows ingenuity amid broader private credit trends that could spell trouble.

The moving average crossover appears after the stock had its best two-month start to a year since 1991, and as quarterly ...

Oil prices retreated while Asian equities were mixed at the end of a volatile week as investor sentiment continued to be undermined by the conflict in the Middle East. What Iran Really Means for ...

Old Navy and Gap stores in New York City. Sales at Athleta, Gap's smallest brand, continued to lag. Gap shares dropped by as much as 10% in the extended session Thursday after sales at Athleta, its ...

U.S. authorities tentatively approved a request by Wizz Air's U.K. subsidiary for a permit to operate flights between the U.K. and the U.S. The U.S. Transportation Department cited the public interest ...

Tech saw solid earnings, but there are more questions around which companies will benefit from AI, and which will be hurt.

Nike is implementing organizational changes which, together with previous actions, are expected to result in $300 million in ...