Nike, Inc. ( NKE ) shares are moving lower on Wednesday in possible sympathy with Foot Locker ( FL ) and Abercrombie & Fitch Company , which fell after reporting earnings. What Happened: Both companies reported 2024 fiscal year second quarter earnings before the market opened Wednesday. Foot Locker ( FL ): Footlocker reported a loss of 5 cents per...

01:17 PM EDT, 08/28/2024 (MT Newswires) -- Olin (OLN) said Wednesday it has removed its systemwide force majeure on chlor-alkali products, with chlor-alkali and derivative production returning to operation. The company said the force majeure was declared July 10 after Hurricane Beryl caused a temporary disruption to its operations in Freeport, Texas. Olin also said its Epoxy business is in...

(Reuters) -Flight attendants at United Airlines have voted in favor of a strike authorization, the Association of Flight Attendants-CWA said on Wednesday. Over 90% of the flight attendants participated, with 99.99% of the votes in favor of a strike authorization, the union said. It is the first time since the 2005 bankruptcy negotiations that flight attendants at United voted on...

01:40 PM EDT, 08/28/2024 (MT Newswires) -- Intel ( INTC ) on Wednesday announced the expansion of its Xeon workstation processor lineup with the introduction of W-3500 and W-2500 desktop workstation processors. The company said the processors were designed to meet the growing compute demands of artificial intelligence and machine learning-related tasks. The processors were available for order beginning today...