10:07 AM EDT, 10/02/2024 (MT Newswires) -- Nike ( NKE ) is moving toward affordability to draw shoppers run down by inflation as it tries to work through a backlog of products globally. The footwear and apparel giant said fiscal 2025 first quarter revenue plunged 10% to $11.6 billion, while earnings dropped 26% year-over-year to $0.70 a share. Sales in...

BERLIN, Oct 2 (Reuters) - Germany must oppose an EU proposal to impose tariffs on China-made electric cars and avoid a trade war with Beijing, Finance Minister Christian Lindner said on Wednesday, ahead of an EU vote on the issue on Friday. A trade war with China would do us more harm than good for a key European industry and...

10:09 AM EDT, 10/02/2024 (MT Newswires) -- Ford Motor ( F ) on Wednesday reported a 0.7% increase in US Q3 sales compared with year-ago levels, selling 504,039 vehicles during the three months ended Sept. 30. The automaker saw increases for both electric and hybrid vehicles, rising 12.2% and 38% year-over-year, respectively. Those cars and trucks, however, comprised only 14.2%...

10:13 AM EDT, 10/02/2024 (MT Newswires) -- Price: 35.06, Change: +0.55, Percent Change: +1.59 ...