Foot Locker has been added to the Standard & Poor's 500 stock index, replacing Cameron International which has been acquired by Schlumberger. For any company, the inclusion in this major index tends to give a strong boost to the demand for its shares.
A new federally regulated product lets the US sports betting giant bypass state licensing — and add 126 million potential customers overnight.
Adidas locks in its turnaround architect through 2030 while preparing a major shift in supervisory board leadership.
Founder Chip Wilson has gone public again after 70 days of silence from the board, with a letter demanding a director overhaul and a Brand Product Committee.
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