Dow Jones: Nike Earnings Beat Fails to Impress, Stock Slides in After-Hours

How serious was the effect of turnaround on Nike’s financial? Nike officials confirmed that this quarter represented the peak of financial pressure from its multi-step turnaround plan. The CFO Matt Mitra labeled it the “biggest financial impact” period and said that the worst appears behind them. However, recent quarters have shown a deteriorating atmosphere, and…

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US-China Trade War: Court Blocks Trump’s Liberation Day Tariffs; What’s Next?

The International Business court allegedly emphasized that the US Constitution gives the Congress, not the US President, the powers to regulate the business. It concluded that emergency powers do not override the Congress’ authority over commerce. The decision is a serious setback for President Trump, which is putting pressure on the US-Pasandida trade deals over…

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gift a book More Than a Motorcycle: The Royal Enfield Bullet Story