Nike thinks it has supply chain and marketing problems with its shoe manufacturing.
Nike Inc’s quarterly results highlight how some US brands have too much inventory at home and in markets like China, where the companies have placed big financial bets.
The sneaker giant on Thursday said revenue from China in the August quarter fell 16% to $1.65 billion, citing Covid-19 lockdowns in different cities hurting store traffic.
The People’s Republic of China represented some 13% of sales and 29% of earnings for Nike in its quarter ending last August.
The Supreme Court is hearing a case, Merrill v Milligan, that concerns whether Congressional districts will be drawn in accordance with census outcomes concerning the distribution of American citizens in a State, or whether they will (continue to) be drawn to favor race in a State.
Alabama, the State in question in Merrill, redrew its Congressional districts as a result of the 2020 census outcome and kept substantially the same districts with substantially the same population distributions as the prior district map, making tweaks at district boundaries to account for minor population moves. The plaintiffs in the case, though,
Acting Archivist of the United States Debra Steidel Wall claims the National Archives hasn’t received all the presidential records that were supposed to be turned over at the end of the Trump administration. She wrote this to House Oversight and Reform Committee Chairwoman Carolyn Maloney (D, NY) in all seriousness:
While there is no easy way to establish absolute accountability, we do know that we do not have custody of everything we should[.]
That’s the position of The Wall Street Journal‘s headline writer and of Andriy Yermak and Anders Fogh Rasmussen, who opined as much in their Thursday op-ed. They were actually serious, too. The position is, though, to use the technical term, a bunch of bull.
They demonstrate the foolishness of their position in their lede:
When Ukraine’s army is given the weapons it needs, it defeats Russia on the battlefield. That is the lesson the world learned as it watched Ukrainian forces quickly retake the Kharkiv region this month. Since the beginning of September, Ukrainian forces have liberated more than 2,300 square miles of territory in the south and east of the country.
The Biden administration has granted a waiver to the Jones Act so American shippers can ship diesel fuel directly from American refiners to Puerto Rico, which desperately needs the fuel—still—after Fiona ran over it.
Homeland Security Secretary Alejandro Mayorkas said in a statement that the administration granted the “temporary and targeted” waiver to “ensure that the people of Puerto Rico have sufficient diesel to run generators needed for electricity and the functioning critical facilities as they recover from Hurricane Fiona.”
Given the vasty numbers of mail-in ballots expected in the Progressive-Democratic Party stronghold of Illinois, State officials are predicting delays of as much as two-weeks post-election before results from the current mid-terms will be known.
The bulk of these mail-ins will be coming from Chicago and Cook County—Party fortresses within that stronghold.
Of course it’ll take those two weeks to get the mail-ins counted. Party will need the time to get the numbers from downstate (i.e., from outside Cook County) and so the numbers from Cook County and Chicago that are needed, and so how those mail-in ballots should be counted.
New England may face one this winter. Too many who should know better are laying this prospect off to Russia’s invasion of Ukraine.
There are more proximate origins of the risk. One is the Biden administration’s naked war on our nation’s overall domestic energy production industry, including canceling pipeline projects in progress and denying permits for other pipelines—including one from Canada down into New England—canceling drilling leases and slow-walking permits (or outright denying them) to drill on other leases, withdrawing Federal lands from any sort of fossil fuel exploration or development, and on and on.
[c]larified that healthcare facilities, including nursing homes, have discretion on whether to screen-test asymptomatic personnel. It also now says asymptomatic patients “in general” do not require “empiric use of Transmission-Based Precautions”
Because the vaccines aren’t all that. British cardiologist Aseem Malhotra, Visiting Professor of Evidence-Based Medicine at Brazil’s Bahiana School of Medicine and Public Health: