With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...

Nike’s shares are rising sharply after saying it plans to shift some of its production away from China. The footwear and clothing company also said late Thursday that tariffs imposed by the Trump ...

Global sportswear giant Nike is reportedly bracing for a $1 billion blow from US tariffs on Chinese-made imports, a cost surge it admits will be passed, at least partly, onto customers. The warning ...

The threat of more severe tariffs continues to hang over the economy. The current pause on a round of retaliatory tariffs ...

Stocks rose and put Wall Street on track to finish the strong week at an all-time high. The S&P 500 rose 0.5% Friday and is ...

While the worst could be behind the company, it has new challenges such as tariffs to face, making a tough turnaround that ...