Tag: Financial Performance
Nike's quarterly sales and profits slump as it faces shoppers' sluggish demand for its products
NEW YORK -- Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers' sluggish demand for...
Carmaker Stellantis slashes forecasts, faces industry slump and Chinese competition
MILAN -- Carmaker Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations...
Struggling Jeep and Ram maker Stellantis is searching for a new CEO
DETROIT -- Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it's just...