Facebook boycott not about denting revenue but appealing to its ‘conscience’: ADL chief

Facebook boycott not about denting revenue but appealing to its ‘conscience’: ADL chief

The advertising boycott against Facebook (FB) started in protest of policies regarding how it deals with hate speech and prejudice through content moderation and its algorithms. The boycott has over 100 co-signers after just a few days, including some large outdoor retail brands like The North Face, REI, Patagonia, and Arc’Teryx.  The boycott, called “Stop […]
Stock futures steady after rally

Stock futures steady after rally

Stock futures kicked off the overnight session slightly lower following an afternoon rally on Wall Street. Shares of big banks including Goldman Sachs and Wells Fargo traded lower after hours, after the Federal Reserve said in its stress test results Thursday after...
Nike swings to a quarterly loss as global store closures dent results

Nike swings to a quarterly loss as global store closures dent results

Nike (NKE) swung to a quarterly loss and posted fiscal fourth-quarter sales that dropped more than expected as a slew of global store closures hit the athletic-wear maker’s results. Shares of Nike dropped more than 2% in extended trading after reporting results. Here...