Nike

Disgraced former attorney Michael Avenatti is requesting a new trial after he was convicted last year of trying to extort up to $25 million from NIke by threatening to go public with corruption allegations and cause billions of dollars in valuation losses.

Travis Scott's upcoming collaboration with sneaker giant Nike has been postponed in the wake of the Astroworld tragedy.

New York prosecutors urged a judge Friday to order California lawyer Michael Avenatti to begin serving a 2 1/2-year prison term, more than a year after he was convicted of trying to extort up to $25 million from Nike.

Boston Celtics center Enes Kanter has doubled down on accusing Nike of using Chinese "slave labor" in the making of the company's shoes.

Boston Celtics center Enes Kanter torched Nike in a Twitter video on Monday, lambasting the company for remaining "silent" on slave labor in China.

Nike Inc. doesn’t have enough sneakers to sell for the holidays. Costco Wholesale Corp. is reimposing limits on paper towel purchases. Prices for artificial Christmas trees have jumped 25% this season.

Florida Republican Sen. Marco Rubio introduced a bill this week that aims to challenge corporate spending of shareholder dollars for causes he described as “woke” social policy actions.

The COVID-19 pandemic has caught up with Nike Inc. The sneaker giant’s revenue growth is being limited by supply-chain disruptions that have slowed the production and delivery of shoes and other goods around the world.

Pulisic, the youngest ever captain of the U.S. Men's National Team and the first American-born winner of the UEFA Champions League, said he's ready to "start a new chapter and create new memories."

SpringHill Co. is talking to several potential investors about taking a majority or minority stake in the company that would bring its value to $750 million, Variety reported Tuesday.

Nike offered no sympathy to disgraced attorney Michael Avenatti after he was sentenced to prison Thursday for attempting to extort the sports apparel giant for as much as $25 million.

Michael Avenatti, the brash California lawyer who publicly sparred with then-President Trump before criminal fraud charges on two coasts disrupted his rapid ascent to fame, faces sentencing in one of those cases Thursday.

Nike CEO John Donahoe called the sportswear apparel giant a “brand of China” this week, following a fiasco it was involved in earlier this year over concerns about human rights abuses committed by the communist government.

Nike Inc. shares surged to a record high Friday as customers splurged on sneakers and sportswear as they looked to refresh their wardrobes coming out of the COVID-19 pandemic.

Nike Inc. posted record quarterly sales, topping $12 billion for the first time in its history, on pent-up U.S. consumer demand for sneakers and sportswear this spring.

A judge on Thursday postponed until July 9 the sentencing of Michael Avenatti for the once high-profile lawyer's conviction in an extortion case involving sportswear giant Nike.

FedEx Corp. suspended about 1,400 customers of its Freight shipping service earlier this month, a move that surprised customers and was aimed at easing a congested network taxed by relentless package volume.

Prosecutors did not find Michael Avenatti’s seventh request to delay sentencing a charm, saying Tuesday that the once high profile California lawyer should be forced to hear his punishment next week for trying to extort Nike for up to $25 million.

Amazon Prime Day, Fed’s stress tests, and Nike, FedEx earnings dominate the week ahead for investors.

Prosecutors urged a judge Wednesday to impose a “very substantial” prison sentence on Michael Avenatti for trying to extort millions of dollars from Nike.