Joe Concha reacts to Nike's steep stock decline and removal from the S&P 100, then weighs in on Texas Democratic Senate nominee James Talarico walking back controversial past statements. #FoxNews #Nike #JamesTalarico #JoeConcha #Texas #Politics Don’t just watch Fox News—be part of it. Become a Fox News Patriot today. https://youtube.com/foxnews/join
By Mike McDaniel For-profit companies have not yet entirely weaned themselves off lunatic virtue signaling in favor of making profits worthy of their shareholder’s investments.
Conservative pundits and analysts alike made light of the development, satirizing the company for its embrace of left-wing political ideology.
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Barstool Sports founder Dave Portnoy joins Stuart Varney to discuss Pizza Hut's rebranding, Scottie Scheffler's career earnings, Nike's declining stock, potential international NFL teams, and the English Premier League kickoff.
A civil-rights investigation, which grew out of a 26-page memo by a political appointee, provides a road map for the White House’s assault on D.E.I.
Data: U.S. Treasury Monthly Treasury Statement (net customs duties) ; Chart: Courtenay Brown/Axios Corporate America is getting an accidental stimulus. Billions of dollars collected through court-invalidated tariffs are flowing back to businesses confronting stubborn cost pressures. Why it matters: The refunds amount to a reversal of the tariff shock that squeezed profits and raised prices in the first place. - Companies that have discussed their plans say they generally expect to use the money to offset inflation rather than generate much new economic activity. Many will absorb higher costs tied to the Iran war and future tariffs — and, in some cases, cut consumer prices. What they're saying: PepsiCo chief financial officer Steve…
Juneteenth is surviving the corporate DEI backlash, even as American institutions pull back from the promises that helped elevate it. Why it matters: The holiday's staying power shows how Black history can be absorbed into calendars, payroll systems and public rituals even as the post-2020 commitments that gave it renewed force are renamed, narrowed or abandoned. - The holiday is enduring by becoming quieter, more internal and routine. - Juneteenth remains a federal holiday, and President Trump cannot cancel it unilaterally despite his attacks on it . Catch up quick: President Biden signed Juneteenth into law in 2021 after Congress passed the measure with broad bipartisan support. - Legal experts say only Congress can undo a federal…