March 21 (Reuters) - Nike ( NKE ) has increasingly leaned on its iconic basketball shoes to boost sales, but as the sportswear giant bleeds market share to newer brands, some analysts and investors are wondering if that is a mistake. The Jordan brand and best-selling styles such as the Nike Dunk have long driven the company's sneaker sales but...

04:06 PM EDT, 03/21/2024 (MT Newswires) -- The Federal Trade Commission said in a report Thursday that big grocery chains used their size advantage to keep shelves stocked during the pandemic, squeezing out smaller rivals, and raising prices. As the pandemic illustrated, a major shock to the supply chain can have cascading effects on consumers, including the prices they pay...

04:05 PM EDT, 03/21/2024 (MT Newswires) -- An American Airlines' ( AAL ) 737 jetliner suffered a brake system anomaly after landing at the Dallas Fort Worth International Airport on Feb. 10, the National Transportation Safety Board in the US said Thursday in a preliminary report. The brake did not work when the Boeing (BA) plane landed, prompting manual breaking...

04:02 PM EDT, 03/21/2024 (MT Newswires) -- Joshua Gross, President, Genie, on March 19, 2024, sold 4,945 shares in Terex ( TEX ) for $292,398. Following the Form 4 filing with the SEC, Gross has control over a total of 21,457 shares of the company, with 21,457 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/97216/000009721624000063/xslF345X03/wk-form4_1711050927.xml Price: 61.79, Change: +0.03, Percent Change: +0.05...