Tag Archives: Nike

Financial Daily Dose 2.6.2020 | Top Story: Feds Probing Google’s Ad Business Over Antitrust Concerns

BY: Michael D. Reif | February 6, 2020

More detail is emerging on the DOJ’s ongoing antitrust probe into Google, with recent attention to the company’s online ad tools suggesting the topic has become “a major focus of the investigation,” with special focus on “how Google’s third-party advertising business interacts with publishers and advertisers” – WSJ and Bloomberg The company has, however, managed … Continue reading

Financial Daily Dose 10.23.2019 | Top Story: Top exec exodus continues, this time at Nike, Boeing, and WeWork

BY: Michael D. Reif | October 23, 2019

Nike’s top dog, CEO Mark Parker, is stepping down at the beginning of 2020, to be replaced by board member and ServiceNow CEO John Donahoe. Parker, who will assume the role of executive chair when Donahoe takes over, has been involved in a series of controversies in recent years, including doping allegations directed at the … Continue reading

Financial Daily Dose 10.2.2019 | Top Story: Johnson & Johnson Pays Out $20 Million to Avoid First Opioid Trial

BY: Michael D. Reif | October 2, 2019

Johnson & Johnson doled out $20 million to two Ohio counties rather than go through with its first federal opioid-related trial. The money is rather small potatoes for J&J, but it marks the “first time . . . the world’s largest maker of healthcare products agreed to settle an opioid-related lawsuit” – Bloomberg and Law360 … Continue reading

Financial Daily Dose 5.21.2019 | Top Story: FCC Approves T-Mobile/Sprint Merger

BY: Michael D. Reif | May 21, 2019

FCC Chair Ajit Pai gave his agency’s stamp of approval to the pending $26 billion T-Mobile/Sprint merger on Monday, helping move the deal towards completion based on pledges from the companies to develop “a robust 5G network and sell off Boost Mobile, a Sprint-owned service produce that sells prepaid services” – NYTimes and WSJ and … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 9, 2018

Vodafone will spend $23 billion in cash to snap up operations in four European countries from Liberty Global PLC, which specializes in cable operations – WSJ and MarketWatch Some early economic reaction to the White House’s decision to withdraw from the Iran nuclear deal, including oil on the rise – WSJ and Bloomberg Meanwhile, Comcast … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 7, 2018

Some analysis of last week’s jobs report, including thoughts on why a sub-4% unemployment rate poses a problem for a Fed still set on a slow and steady rate hike plan – WSJ and Bloomberg Last week we discussed the recent round of executive shake-ups at Nike over workplace harassment and bias allegations. Nike’s CEO … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | August 7, 2017

Aaaaaand, we’re back.  Let’s get crackin’ on a Monday morning. Wells Fargo has reportedly uncovered another trove of unauthorized accounts, according to a regulatory filing on Friday. The bank also disclosed a CFPB investigation over potential harm to customers over its practice of freezing (and sometimes closing) accounts “suspected of being affected by fraudulent activity” … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | March 17, 2016

As expected, the Fed kept interest rates at current levels and “once again pared its plans for raising interest rates, citing the weakness of the global economy as a reason for greater caution about the prospects for domestic growth.”  Current best bets for a rate hike are now focused on June – NYTimes and WSJ … Continue reading