* India investigating fire at Tata plant, production suspended * Apple ( AAPL ) may lean on China imports to address shortfalls, analyst and source say * Tata incident latest disruption at India Apple suppliers * India estimated to have 20-25% of total iPhone shipments in 2024 By Munsif Vengattil BENGALURU, Oct 1 (Reuters) - Extensive damage from a fire...

07:31 AM EDT, 10/01/2024 (MT Newswires) -- Nike ( NKE ) is aggressively reducing the supply of some of its iconic sneakers due to oversupply issues, The Wall Street Journal reported on Tuesday. They're digging themselves a hole because they put out too much stuff that people don't want, sneaker reseller Anthony Treviso told WSJ. The report added that the...

07:30 AM EDT, 10/01/2024 (MT Newswires) -- SITE Centers ( SITC/WI ) shares rose 54% pre-bell Tuesday after the company said it has completed the spin-off of Curbline Properties. The Beachbody Company ( BODI ) shares increased 17% after the company said it would cut its workforce by 33% and shift its business model into an affiliate program. China Jo-Jo...

07:35 AM EDT, 10/01/2024 (MT Newswires) -- Tenet Healthcare ( THC ) said Tuesday it completed the sale of its 70% majority ownership interest in Brookwood Baptist Health in Birmingham, Alabama to Orlando Health. The deal included five hospitals: Brookwood Baptist Medical Center, Citizens Baptist Medical Center, Princeton Baptist Medical Center, Shelby Baptist Medical Center, Walker Baptist Medical Center, and...