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Nike to post worst revenue fall in 5 years on stagnant demand

Nike to post worst revenue fall in 5 years on stagnant demand

by America Inspire Mag | Mar 20, 2025 | Business

By Nicholas P. Brown and Ananya Mariam Rajesh Nike Inc., the global sportswear giant, is poised to report an 11.5% decline in revenue for the upcoming quarter, marking its most significant drop in nearly five years. This anticipated decrease brings projected revenues...
U.S. Weekly Jobless Claims Fall More Than Expected: A Sign of Economic Resilience

U.S. Weekly Jobless Claims Fall More Than Expected: A Sign of Economic Resilience

by America Inspire Mag | Mar 2, 2025 | Business

By Reuters The U.S. labor market continues to showcase its strength as the latest weekly jobless claims data reveal a sharper decline than anticipated. According to the latest report from the Department of Labor, jobless claims fell more than expected, signaling that...
Starbucks to lay off 1,100 corporate workers as sales sag

Starbucks to lay off 1,100 corporate workers as sales sag

by America Inspire Mag | Feb 24, 2025 | Business

In a strategic move to address declining sales and streamline operations, Starbucks has announced the layoff of 1,100 corporate employees, representing approximately 7% of its 16,000-strong corporate workforce. This decision, unveiled on February 24, 2025, by CEO...
Valentine’s Day’s sweet treat is under threat: climate change is impacting chocolate.

Valentine’s Day’s sweet treat is under threat: climate change is impacting chocolate.

by America Inspire Mag | Feb 13, 2025 | Business

By Maya Huter and Emilie Ikeda Valentine’s Day, traditionally a celebration of love and affection, has long been associated with the exchange of chocolates. However, in recent years, the sweet delight of this tradition is being overshadowed by the bitter...
U.S. Added 143,000 Jobs in January, Unemployment Rate Dips to 4%

U.S. Added 143,000 Jobs in January, Unemployment Rate Dips to 4%

by America Inspire Mag | Feb 12, 2025 | Business

By Rob Wile and J.J. McCorvey The U.S. labor market showed continued signs of resilience in January, with the economy adding 143,000 new jobs and the unemployment rate dipping to 4%, according to the latest report from the U.S. Bureau of Labor Statistics. The job...
16 Business Trends for 2025: How to Stay Ahead

16 Business Trends for 2025: How to Stay Ahead

by America Inspire Mag | Nov 28, 2024 | Business

As we move closer to 2025, the business landscape continues to evolve rapidly. Global economic shifts, technological advancements, changing consumer preferences, and the increasing importance of sustainability are just a few of the forces shaping the future of...
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