FOX BIZ NEWS: Nike warns of job cuts during shift to digital 'swoosh'
Nike warns of job cuts during shift to digital 'swoosh'
Nike warned of job cuts Friday after the sportswear retailer reported a $790 million quarterly net loss.
FOX BIZ NEWS: Exxon loses board seats to activist hedge fund in landmark climate vote
Exxon loses board seats to activist hedge fund in landmark climate vote A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday as shareholders elected at least two of the fund's nominated directors to the oil giant's board after a months-long battle over the company's carbon footprint and growth plans.
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