Nike reports sales beat overshadowed by Converse, China slumps
NIKE posted better-than-expected sales in the latest quarter, showing progress in its turnaround efforts, but weakness persisted in China and the Converse brand. Revenue in the fiscal…
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.
BNY to move Singapore offices to Marina One East Tower
Investments into new spaces with better amenities are part of the bank’s transformation process that started in 2022 BNY is entering its next phase of transformation that bets big on…
Fairfax County released illegal immigrant; a day later, it charged him with a new murder
An illegal immigrant who was out on the streets after Fairfax County authorities refused to turn him over to ICE now stands accused of killing another man. Source link
Instacart to pay US$60 million to settle FTC claims it deceived shoppers
INSTACART has agreed to pay US$60 million in refunds to settle the US Federal Trade Commission’s allegations that the online grocery delivery platform deceived consumers about its…
Trump vows to return Americans to the moon by 2028
President Trump on Thursday vowed to return American astronauts to the moon by 2028 and establish an outpost there through NASA's Artemis space program. Source link
Oil prices settle slightly higher as market assesses mounting supply risks
Oil prices settled marginally higher on Thursday as investors assessed the likelihood of further US sanctions against Russia and the supply risks posed by a blockade of Venezuelan oil…
Trump gives fed workers two more days off for the Christmas holiday
President Trump, who has long complained about too many federal holidays, is giving federal workers extra days off next week for the Christmas holiday. Source link
US stocks close higher fuelled by tech rally, soft inflation data
WALL Street’s main indexes closed higher on Thursday as a soft inflation report fed expectations for interest rate cuts by the Federal Reserve, while chipmaker Micron’s blowout forecast…
House passes bill to de-list gray wolves as endangered species
Five years after gray wolves were last removed from the endangered species list, the House passed a bill to de-list the wolves again. Source link
Bears leaving Chicago? Team threatens Indiana move as Pritzker rejects stadium deal
Illinois Gov. J.B. Pritzker's 2028 presidential ambitions are colliding with a very local headache: the Chicago Bears' stadium saga. Source link
Is Populism Popular?
As ever, ‘generic Republican’ is still the most potent political brand in America. Source link
Cooling inflation numbers boost Trump's economic message
Consumer prices rose at a lower-than-expected rate last month, handing President Trump an early Christmas gift and a much-needed political boost heading into the midterm campaign season.…
Trump orders marijuana reform for medical use, stops short of full legalization
The pro-pot movement got its biggest federal policy win Thursday when President Trump removed marijuana from the list of most-restricted drugs and rescheduled it to allow for expanded…
Kennedy Center to be renamed Trump-Kennedy Center
The John F. Kennedy Center for the Performing Arts' board of trustees voted Thursday to rename the cultural center in honor of the former president and President Trump, rebranding it as…
Democrats keep 2024 election review under wraps, saying a public rehash won't help them win in 2026
Democrats will not issue a postelection report on their 2024 shellacking after all. Source link
Senators demand civil rights probe into DHS tactics in Chicago
Illinois' senators asked the Justice Department on Thursday to open a criminal investigation into Homeland Security personnel over the Chicago deportation surge, saying agents used…
How low can you go? Congressional Democrats' approval rating sinks to cellar
After a roller coaster of political victories and hurdles -- from widespread November election wins to the longest government shutdown in U.S. history -- a new national poll shows that…
EU to slash asylum cases from 7 nations deemed safe
The European Union on Thursday said it would drastically reduce asylum claims from seven nations in Africa, the Middle East and Asia by considering them safe countries of origin, prompting…
It’s Okay to Criticize Trump
Doing so will not somehow damage the ‘movement.’ Source link
New plaques on Presidential Walk of Fame outline what Trump thinks of his predecessors
President Trump has added descriptive plaques below the portraits on the White House's Presidential Walk of Fame, and some take jabs at his forerunners. Source link
In rare ruling, EU's top court sides with refugee's appeal in a landmark case against Frontex
In a rare judgment, the European Union's highest court sided with a Syrian refugee's appeal in a landmark case that sought damages against the European border and coast guard agency,…
Wall Street opens higher as inflation eases; forecast boosts Micron
Wall Street’s main indexes opened higher on Thursday (Dec 18) after softer-than-expected inflation data boosted expectations for more interest rate cuts by the Federal Reserve, while…
Trump’s Hyperbolic Sales Pitch
If nothing else, Trump’s speech shows the White House realizes the political challenge it faces on the economy. Source link
UBS plans January job cuts to kick off final year of integration
UBS Group is set to begin its latest wave of job cuts in mid-January, according to people familiar with the matter. That step will be followed by another round later in 2026 as UBS intends…