Nike profits sink but company says it is turning a corner
Nike reported sharply lower quarterly profits on Thursday, but signalled it was past the worst stage of a corporate retooling as it implements “surgical” US price increases to defray…
Swedan Margen
I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.
Trump seizes momentum from ceasefire deal to expand peace in Middle East
Three days after announcing a ceasefire between Iran and Israel, the Trump administration is working to broaden a sustainable peace in the region, including an end to the war in Gaza.…
Trump gathers cross-section of Americans at the White House to extoll the benefits of his big bill
President Trump on Thursday called on Congress to pass his One Big Beautiful Bill Act, saying it would stave off the "largest tax hike in history" and deliver an economic boon for…
'He needs to be deported': Tennessee Congressman calls for DOJ probe into Mamdani's naturalization
Rep. Andy Ogles, Tennessee Republican, urged the Justice Department to open an investigation into New York City mayoral candidate Zohran Mamdani, saying that he may have violated the terms…
Senate briefing still leaves Democrats questioning 'total obliteration' of Iran's nuclear abilities
Top national security officials briefed senators Thursday about the bombings on three of Iran's key nuclear facilities, but it did little to settle the debate over just how successful the…
Oil inches up on US demand strength; fading Middle East supply risks offset gains
Oil prices edged higher on Thursday as crude inventories in the United States fell on higher demand as summer driving season ramped up, while concerns over Middle East supply risks eased,…
US: Stocks rise, S&P 500 ends just shy of record
Wall Street stocks rose on Thursday with tech equities leading, after the White House signalled President Donald Trump could extend a July tariff deadline. The shift shows…
Republicans rewriting Medicaid overhaul to get Trump's agenda bill past Senate parliamentarian
Senate Republicans are rewriting changes to Medicaid after the chamber's rules referee flagged them as out of bounds for the filibuster-proof "big, beautiful bill." Source link
White House hopes for expansion of Abraham Accords since ceasefire between Israel and Iran
The White House Thursday said the U.S. alliance with its Gulf and Arab partners and Israel is expected to grow significantly since the ceasefire between Iran and Israel, following the U.S.…
NYC Mayor Eric Adams kicks off reelection bid and casts Zohran Mamdani as having a 'silver spoon'
New York Mayor Eric Adams set out Thursday to persuade skeptical voters to grant him a second term, hosting a kickoff event for his independent reelection bid after a corruption…
North Carolina legislature leaves after passing Helene aid package, but still no budget
The North Carolina legislature wrapped up the chief portion of its annual session Thursday, passing another Hurricane Helene aid package this week after Republican majorities pushed…
Democrats on Defense: The Party Is Digging In Its Heels on Abortion Post-<em>Dobbs</em>
The party has made clear that it will stand by Planned Parenthood — and by the pro-abortion agenda it purveys and on which its business model depends. Source link
White House says Iran attempting to 'save face' after Khamenei claims victory
The White House said Iran felt the need to "save face" Thursday after Islamic Republic Supreme Leader Ayatollah Khamenei appeared in a video broadcast on Iranian state television and said…
Linet Vartanians: Wife of Iranian Illegal Immigrant Threatened to Shoot ICE Agents When They Reached Her Home to Arrest Husband
The wife of an Iranian illegal immigrant allegedly threatened to shoot ICE agents in the head when they showed up at the couple's Arizona home to arrest her husband, Mehrzad Asadi…
Kilmar Abrego Garcia's lawyers ask judge to send him to Maryland to prevent deportation
Attorneys for Kilmar Abrego Garcia have asked a federal judge in Maryland to order his return to that state when he is released from jail in Tennessee, an arrangement that would prevent…
Supreme Court Nixes Suits Against States Defunding Planned Parenthood
Over-the-top rhetoric from Justice Jackson cannot overcome the Court’s precedents against individual lawsuits to enforce spending programs. Source link
Trump: Fire NYT, CNN journalists who reported on leaked intel that doubted results of bombing Iran
President Trump called for CNN and The New York Times to fire their journalists who reported of a leaked Defense Intelligence Agency assessment questioning the effectiveness of the U.S.…
Israelis love Trump. But some are unnerved by his vow to 'save' Netanyahu from his corruption trial
President Donald Trump's call for Prime Minister Benjamin Netanyahu's corruption trial to be thrown out has plunged the American leader into one of Israel's most heated debates, unnerving…
Zohran Mamdani's wife Rama Duwaji is an animator, illustrator and ceramicist. And they met on Hinge
Rama Duwaji's Election Day post on Instagram was only four words long, but said all it needed to say: "couldn't possibly be prouder." Source link
Kennedy says U.S. is pulling funding from global vaccine group Gavi
U.S. Health Secretary Robert F. Kennedy Jr. says the country is pulling its support from the vaccines alliance Gavi, saying the organization has "ignored the science" and "lost the public…
House Republicans subpoena Biden aide over ex-president's mental decline
The House Oversight and Government Reform Committee issued a subpoena to a former top White House adviser who reportedly operated within a small "politburo" of staffers who ran the country…
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
Large US global banks can expect as much as US$6 trillion in additional balance sheet capacity and billions in freed up capital under a Federal Reserve plan to relax leverage rules, Wall…
S-E Asia’s e-commerce platform gross merchandise value growth rate eases: report
South-east Asia’s total e-commerce platform gross merchandise value (GMV) grew at a slower rate of 12 per cent year on year in 2024, as the leading platforms focused on a more rational and…
Salesforce CEO says 30% of internal work is being handled by AI
Tech leaders have been increasingly vocal about the potential for AI to replace human workers Salesforce chief executive officer Marc Benioff said his company has automated a…