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Nike revenue to hit $50 billion by 2020, chief executive Mark Parker says
2015-10-14 22:11:21| Footwear - Topix.net
Nike revenue will grow to $50 billion by 2020, chief executive Mark Parker said Wednesday, setting a target that would expand the company's lead over its closest rivals. Nike recorded $30.6 billion for fiscal year that ended in May. Parker was the lead speaker at the Nike Investor Meeting, a day-long presentation to stock analysts and media about the company's goals over the next four years.
Chief Fabrication cuts 30 positions at Grand Island plant
2015-10-14 16:12:45| Agriculture - Topix.net
Chief Industries chairman and CEO D.J. Eihusen says the workforce adjustment was a result of reduced demand from its customer base in the agriculture industry. The plant still will have about 160 workers on the payroll.
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U.S. Jewelry Representative Body Formed with DMIA Chief at Helm
2015-10-14 12:34:32| Jewelry - Topix.net
Diamond Manufacturers & Importers Association of America president Ronnie VanderLinden has been named head of the newly formed United States Jewelry Council , a group set up to represent the U.S. industry at government and international levels. The USJC was established earlier this month to deal "more effectively on key issues, such as those of social, ethical and environmental importance, that might impact the U.S. jewelry industry," the new group said in a statement October 8. It said it aims to have greater influence in dealing with challenges facing the sector in the U.S. through combining the member associations' expertise and experience.
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Climate Concern Makes Some Oil Unburnable, Says BP Chief Economist
2015-10-13 14:24:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: Some of the worlds oil will not be burned as a result of climate concerns, BPs chief economist said on Tuesday. Scientists have calculated around a third of proven oil reserves need to stay in the ground to hold global warming to 2C, the international goal. Spencer Dales remarks, in a speech to the Society of Business Economists in London, represented a rare acceptance of that analysis from the industry. "The oil market has changed very significantly over the past 10 or 15 years. Concerns...
Barclays reported to name new chief
2015-10-13 00:52:18| BBC News | Business | UK Edition
Barclays is reported to soon be appointing former JP Morgan banker Jes Staley as its new chief executive.
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