U.S. stocks closed narrowly mixed amid firming oil prices, moderate housing data and some debate over Yellen's congressional testimony.» Read More
NEW YORK, March 2- It may be by far the most valuable American company but Apple Inc still can't get into at least one exclusive club- the 30- member Dow Jones Industrial Average. That may not be a problem for the company behind the iPhone and the iPad, after all Apple shares recently hit record highs. If Apple had replaced a badly lagging stock such as IBM, which has...
CHEYENNE, Wyo.— About 150 people, businesses and organizations filed written comments on a proposal to increase minimum allowable distance between oil and gas wells and homes in Wyoming from 350 to 500 feet, state Oil and Gas Supervisor Mark Watson said Monday. Most comments had come from Laramie County and roughly half of all comments supported the change while...
*CEO Hainer has been in top job at Adidas since 2001. BERLIN, Feb 19- The board of Adidas has launched a formal search for a successor to Chief Executive Herbert Hainer who has faced criticism as the German sportswear company has lost ground to U.S. rival Nike. Ingo Speich, a fund manager at Union Investment which has a 0.9 percent stake in Adidas, said the CEO should go as...
*Adidas 2020 sales goal of 20 bln euros- magazine. BERLIN, Feb 19- The board of German sportswear company Adidas has launched a formal search for a successor to long-serving Chief Executive Herbert Hainer, who has faced calls from some investors to step down after his contract was extended to 2017.. "The supervisory board will now start to look for the best possible...
Under Armour and the boxing legend are collaborating on an apparel collection launching next month that will revolve around Ali's likeness.
NEW YORK— Frits van Paasschen, the energetic CEO of Starwood Hotels& Resorts Worldwide Inc., resigned Tuesday morning. The Stamford, Connecticut- based hotel company has been led by van Paasschen since September 2007. Aron has been on Starwood's board since 2006. He is the former CEO of both Vail Resorts and Norwegian Cruise Line.
U.S. stocks closed at highs on Friday, with the S&P 500 setting a new record as firming oil prices sent the energy sector higher.
Some of the names on the move ahead of the open.
Feb 12- The world's largest sportswear maker Nike Inc said Chief Financial Officer Donald Blair would retire in October. Andrew Campion, currently senior vice president of finance, strategy and investor relations, will succeed Blair, effective Aug. 1, the company said. Blair, who has been Nike's CFO for more than 15 years, will remain in the role till July 31, and will...
U.S. stocks turned higher on Wednesday, amid continued focus on developments in Greece's negotiations with the euro zone finance ministers.
Under Armour is creating a digital health and fitness community powerhouse, CEO Kevin Plank tells CNBC.
Millions are to be made, if you believe in Jim Cramer's top visionary pick.
SHANGHAI, Feb 5- China's flagging economy is making it harder for Beijing to mend holes in its pension system for 166 million of the country's migrant workers, a problem that contributed to a doubling in the number of strikes last year. "The government and factory have a responsibility to look after us," says Peng Xiaomei, 50, who has worked for 22 years in a bag factory...
Who could be the next retailer to close up shop after RadioShack? Brian Sozzi names his targets.
U.S. stocks closed sharply higher on encouraging news from the Eurozone and stronger oil prices.
Pebble said it has sold over than 1 million smartwatches, a sign that price cuts and new features have boosted consumer demand.
Exclusive data to CNBC shows people claimed to "like" Super Bowl ads that never actually aired this year.
Yoga apparel has taken off, but until now, there wasn't a push for yoga footwear. Will Deckers' bet pay off?
This beaten-up casualty of smartphones is making a comeback in the fitness wearables market, according to Wall Street.
Chase Reed, 16 and still in high school, has opened a sneaker pawn shop in Harlem with his dad. And yes, they're making a profit.