The Equal Employment Opportunity Commission is investigating allegations that Nike's diversity, equity and inclusion objectives resulted in "a pattern or practice of disparate treatment against white ... ...

Banking committee chair Tim Scott seeks to defuse standoff over the criminal probe of current Fed chair that is complicating Kevin Warsh's nomination. ...

Fears that software companies are facing an extinction event are exaggerated, but other dangers are real. ...

Core Insights - Commercial crude oil stocks decreased by 3.5 million barrels, indicating a tightening supply in the market [1] - Current crude oil stocks are approximately 4% below the five-year average for this time of year, suggesting a potential upward pressure on prices due to lower inventory levels [1]

The Institute for Supply Management's purchasing managers index for services providers was 53.8, in-line with the seasonally adjusted figure in December. ...

Group 1 - The services industry in Canada has experienced a significant contraction at the beginning of the new year, indicating a continued downturn [1] - The contraction is attributed to the impact of tariffs and broader uncertainties affecting the market [1]

Core Insights - The company reported a total of 135,362 vehicle sales in the U.S. for the last month, reflecting a 5.3% decline compared to the same period last year [1] Company Performance - The total vehicle sales figure indicates a decrease in performance year-over-year, which may impact the company's market position and revenue projections [1] Industry Context - The decline in vehicle sales could suggest broader challenges within the automotive industry, potentially influenced by market demand, supply chain issues, or economic conditions [1]

Core Insights - Base Power, a home-battery company, has successfully raised over $1.3 billion from investors [1] Company Overview - Zach Dell serves as the co-founder and CEO of Base Power [1]

Core Viewpoint - The medical-device maker reported a 16% increase in sales but provided a weak forecast for the year, leading to a decline in shares during premarket trading [1] Group 1 - Sales increased by 16% year-over-year, indicating strong demand for the company's products [1] - The company issued a soft forecast for the upcoming year, which has raised concerns among investors [1] - Following the forecast announcement, shares of the company experienced a drop in premarket trading [1]

The publisher posted subscriber gains and ad-revenue growth, but expenses also increased. ...