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Nike shares tumble 6% on dismal revenue forecast, layoff plans as sneaker giant loses shine
  • Business

Nike shares tumble 6% on dismal revenue forecast, layoff plans as sneaker giant loses shine

  • October 2, 2026

It was the second straight day of declines for Nike, putting the sneaker brand’s stock down more than 48% so far…

Disney’s No. 2 exec gives telling clue about Jimmy Kimmel’s future at ABC
  • Business

Disney’s No. 2 exec gives telling clue about Jimmy Kimmel’s future at ABC

  • October 2, 2026

A top Disney executive refused to say whether ABC will renew Jimmy Kimmel’s contract, throwing in some ominous remarks about the…

Tesla shares climb 5% after sales surprise Wall Street despite AI, robotaxis pivot
  • Business

Tesla shares climb 5% after sales surprise Wall Street despite AI, robotaxis pivot

  • October 2, 2026

A demand rebound in Europe offset the loss of US tax incentives and stiffer competition in China. …

Mark Thompson safe at CNN for now — but Bari Weiss could still loom over network’s future: report
  • Business

Mark Thompson safe at CNN for now — but Bari Weiss could still loom over network’s future: report

  • October 2, 2026

The possibility of Bari Weiss eventually gaining authority at CNN remains alive, according to multiple reports. …

Paramount and Warner Bros. Discovery post-merger name revealed
  • Business

Paramount and Warner Bros. Discovery post-merger name revealed

  • October 2, 2026

“Paramount and Warner Bros. shaped over a century of culture,” Ellison wrote on social media on Friday. …

Senate passed badly needed bill to reform college sports — but it faces tough second half in House
  • Business

Senate passed badly needed bill to reform college sports — but it faces tough second half in House

  • October 2, 2026

The insane money grab that has perverted college sports now for nearly a decade needs fixing. …

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