MORNING NEWS

Nike shares down despite beating analysts’ expectations for the first quarter

Nike Inc. announced its financial results for the first quarter on Tuesday. The company posted better-than-expected earnings, but an insignificant rise in gross margins...

TECH STORIES

Instagram co-founders leaving the photo-sharing app

Instagram, owned by Facebook Inc, recently announced that its chief executive officer Kevin Systrom and chief technical officer Mike Krieger have decided to leave...

BUSINESS LEADERS

Tesla shares down after Musk was filmed smoking weed

Tesla Inc. shares plummeted more than 6 percent on Friday after CEO Elon Musk was recorded smoking marijuana on a webcast coupled with the...