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Nike shares dive, firm eyes $2 billion in price cuts amid ‘softer’ outlook

Citigroup to shut distressed-debt desk as financial institution’s overhaul continues: experiences

Intel’s inventory sheds a bear as a key catalyst awaits

Etsy to chop 11% of workers as CEO says firm is on ‘unsustainable trajectory’

Apple reportedly plans main growth of iPhone manufacturing in India

Edwards Lifesciences to spin off critical-care unit, units $1B inventory buyback

Rakuten Bank shares fall sharply in Tokyo after father or mother’s plans to pare stake

McDonald’s CosMc’s spinoff launches this month with churro frappés, pear slushes

Autonomous-truck firm TuSimple to wind down U.S. operations, slash jobs