Nike announced it will cut costs by $2 billion over the next three years on Thursday, including layoffs, amid a “softer second-half revenue outlook” for early 2024. The shoe manufacturer said it anticipates weaker consumer demand in the coming months, despite continuing positive signs from a U.S. economy which has drastically exceeded the expectations of...
Yekaterina Duntsova, a former journalist and anti-war advocate, has been barred from running against Russian President Vladimir Putin in the March election, after the Russian Central Election Commission rejected her nomination documents. Duntsova, who has pushed for the end of the Russia-Ukraine war, filed an application on Dec. 20 to be an independent candidate, marketing...
A federal judge in Massachusetts shut down an attempt to block the state’s assault weapons ban Friday, arguing that the law does not break with recent Supreme Court precedent that has severely shaken gun control legislation. District Judge Dennis Saylor said the state ban keeps with “historical tradition” of gun control regulation, after the high...
Hezbollah’s aggression may boil over into a multi-front war that pits Israel against an even more capable enemy than the one it currently faces in Gaza.
Canadian Prime Minister Justin Trudeau said in an interview that if former President Trump were reelected, it could cause harm for climate goals. Trudeau expressed to the Canadian Broadcasting Corporation (CBC) that Trump’s term in office caused “very difficult problems” when he expressed a “desire to move backwards on climate change.” “Yes, there’s concern —...