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Joe Raedl/Getty Images Shoes are lined up on shelves at a Nike store on December 21, 2021 in Miami Beach, Florida. new york CNN — Nike, the world’s largest sportswear brand, has seen its growth slow as it faces increasing competition, declining consumer numbers in key markets and strategic missteps. Nike Inc.’s sales grew 1% last year and were flat last quarter, the company said Thursday. The company now expects sales to fall 10% next quarter as its staple brands slow and Nike faces challenges. Online marketplace. Nike (NKE) shares plunged 12% in after-hours trading. Nike is facing sluggish spending…
The U.S. Olympic Gymnastics Trials for the 2024 Paris Olympics will be broadcast on NBC, USA Network, peacock Thursday through Sunday in Minneapolis.The broadcast will also be available on NBCOlympics.com and the NBC Sports app.The U.S. Olympic team of five men and five women will be announced after qualifying.2024 Olympic Gymnastics Selection Broadcast ScheduleDaycoverageplatformTime (ET)ThursdayMale Day 1USA Network, Peacock6:30pm to 9pmFridayWomen’s Day 1peacock7:30pm – 8pmWomen’s Day 1NBC, Peacock8pm to 10pmSaturdayMen’s Day 2NBC, Peacock3pm to 6pmSundayWomen’s Day 2NBC, Peacock8:30pm – 11pmWho will compete at the Olympic Gymnastics Trials? The full entry list is here.The men’s field is anchored by three-time U.S.…
Top American gymnasts have been fighting hard to become one of the select few who will represent the United States in the 2024 Olympic Games. The chance to earn a spot comes at the U.S. Olympic Gymnastics Trials.Twenty men’s gymnasts and 16 women’s gymnasts will compete at the Olympic Trials for the coveted spot to represent their country in Paris. There are only five spots available for each team, but the U.S. team can also field alternates in their events, meaning that their field will be at least half full during the competition.On the women’s side, Simone Biles has secured…
In a major development, Omar Ayub Khan, a top leader of the Pakistan Tehreek-e-Insaf (PTI), has resigned as the party’s general secretary, Geo News reported. Ayub said he was stepping down from the post to focus on his responsibilities as Leader of the Opposition in the Pakistan National Assembly. “I [former] “I would like to thank Prime Minister Imran Khan for accepting my resignation as PTI Secretary General so that I can focus on my role as Leader of the Opposition in the Pakistan National Assembly,” he posted on his official account X on Thursday. Ayub said he had submitted…
India struck back. On the evening of August 29, 2020, a group of covert Indian guerrilla fighters began climbing the mountain slopes of eastern Ladakh alongside Indian Army soldiers. The mountains are part of the Kailash range, whose highest peaks reach 22,000 feet above sea level and stretch for about 500 miles southeast, beginning near the southern bank of Mount Pangong. Because of the rugged terrain, the highlands of the range have not been occupied by either India or China since the 1962 war. But now, nearly 60 years later, Indian commanders are hoping to seize some of these hills.…
The purge targeted Li Shang-fu and Wei Feng-he, and the expulsions coincided with rising tensions with the United States over Taiwan.China’s ruling Communist Party has exiled former Defense Minister Li Shang-fu, who was fired last year, and his predecessor as part of a crackdown on corruption, according to state media. Li and his predecessor Wei Fenghe, who were not seen in public for about two months before being removed from their posts in October 2023, were expelled for “serious violations of party discipline and the law”, state news agency Xinhua reported on Thursday. Their expulsion from the party comes at…
SANTA FE, N.M. (KRQE) – With tourism season starting, some Santa Fe businesses say they’re seeing a “spike in crime,” and on Thursday, some of those businesses called on city leaders to discuss solutions. The meeting, convened by the Santa Fe Chamber of Commerce, began with a presentation on organized retail crime. One business owner questioned how authorities could help small businesses, saying, “But you guys have a great system. You work with Walmart, Lowe’s, all the businesses. But for us small businesses, the Santa Fe Police Department should record every property crime in their system, because the people who…
The Supreme Court ruled Thursday that members of the Sackler family cannot be shielded from liability in civil lawsuits related to the opioid epidemic, jeopardizing a bankruptcy plan that offered such protection in exchange for spending billions of dollars to resolve the crisis.In a 5-4 ruling, the justices found that the deal, carefully negotiated over years with states, tribes, local governments and individuals, violated a fundamental principle of bankruptcy law by shielding members of the Sackler family from lawsuits without the consent of potential litigants.The plan for Purdue Pharma, maker of the prescription painkiller OxyContin, widely seen as the spark…
Government introduces resolution in Northern Ireland to assert sovereignty and unity Our Correspondent | June 28, 2024 Islamabad: Deputy Prime Minister Ishaq Dar announced on Thursday that the government would introduce a resolution in parliament after the House of Representatives passed a resolution the previous day expressing “strong support” for Pakistan’s democracy. Speaking to Sunni Ittihad Council members who pointed out the US bill during budget deliberations, the deputy prime minister stressed the need to express the country’s sovereignty and unity. The U.S. House of Representatives on Wednesday overwhelmingly passed a resolution by 98 percent calling for a “full and…
In the past three years, about 35,000 people have visited the Museum of Entrepreneurship at the Emory Group Company offices in San Felasco Tech City to learn about the difference between an inventor and an entrepreneur. Mitch Glaser, CEO of Emory Group and co-developer of Tech City, believes entrepreneurs and inventors need each other to succeed. Glaser has started 12 businesses himself, and says his skills have really helped others succeed. Six years after Glaser sketched out his color-coded idea for Tech City’s layout, the development is in its third phase, with 62 businesses of all kinds thriving under Glaser’s…