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Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag"
Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag"
Nike has reported declining quarterly sales in China, where demand remains under pressure from mounting macroeconomic headwinds, and the brand continues to lose market share to newer competitors. This weakness has dented the shoemaker's broader turnaround efforts and suggests a much-needed reset in the Chinese market.
The stock is down 65% from its 2021 peak and is now trading at 2017 levels, as investors hope management will accelerate a turnaround plan to reverse this devastating multi-year bear market....
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Mar 20, 2026 / Tyler Durden
Dr. Oz Says He's Eyeing Florida In Medicaid Fraud Crackdown
Dr. Oz Says He's Eyeing Florida In Medicaid Fraud Crackdown
Authored by Jack Phillips via The Epoch Times,
The administrator of the Centers for Medicare and Medicaid Services (CMS) confirmed this week that his office is eyeing Florida for instances of potential health care fraud.
Dr. Mehmet Oz, also known as Dr. Oz, wrote on March 17 on X that what he saw in Florida “around durable medical equipment fraud was horrifying” and indicated that Florida and Gov. Ron DeSantis, a Republican, are “next up” in his fraud investigation.
“The scale is out...
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May 5, 2026 / Tyler Durden
DOJ Sues Minnesota To Block Climate Lawsuit Targeting Energy Companies
DOJ Sues Minnesota To Block Climate Lawsuit Targeting Energy Companies
Authored by Bill Pan via The Epoch Times (emphasis ours),
The U.S. Department of Justice (DOJ) is suing Minnesota over the state’s own climate lawsuit against major energy companies.
Pumpjacks operate near the site of a new oil and gas well being drilled in Midland, Texas, on April 8, 2022. Eli Hartman/Odessa American via AP
The complaint, filed Monday in the U.S. District Court for the District of Minnesota, accuses state officials of trying to impose their own climate policies on domestic energy...
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Jun 15, 2026 / Tyler Durden
G7 Protesters Smash Windows, Set Tesla On Fire In Geneva
G7 Protesters Smash Windows, Set Tesla On Fire In Geneva
Authored by Chris Summers via The Epoch Times,
Protesters smashed windows at a United Nations agency and set fire to a Tesla vehicle on June 14 during a protest march in Geneva, Switzerland, against the holding of the G7 summit, just across the border in the French town of Evian-les-Bains.
A Tesla car burns during a protest against the G7 summit, across the border in France, in Geneva, Switzerland, on June 14, 2026. Denis Balibouse/Reuters
Around 20,000 people took part in the march...
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