Business Blog

Nike's online business is booming — 'digital is here to stay,' CEO says

Nike is proving during the pandemic that its big bets in digital are paying off, as consumers are turning to its website and app in record numbers.

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Iconic Portland bookstore Powell's says it won't sell on Amazon anymore: 'We must take a stand'

Selling through the Amazon marketplace was "hard to give up, sort of like smoking," said Powell's CEO Emily Powell. But when Amazon prioritized essential supplies over books in the early days of the coronavirus pandemic, that sealed the deal.

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Stock futures flat in overnight trading after Dow briefly erases 2020 losses

The S&P 500 reached a new all-time high for a fifth day in a row on Thursday, and briefly topped 3,500 for the first time ever.

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What to watch for when Trump speaks at the Republican National Convention

As Donald Trump accepts the nomination, look for him to try to frame Joe Biden as the Washington insider incumbent and himself as the answer to all that ails America.

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Gap's decision to pivot and make face masks put $130 million in its registers

Gap said Thursday when it reported quarterly earnings that it brought in $130 million in sales during the latest period for its face masks.

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Ford and Fiat Chrysler remain under federal investigation in union corruption probe

Ford remains under federal investigation as part of a multi-year probe into corruption of the United Auto Workers union, according to the case's top prosecutor.

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