Author: Action News 7

Nike Inc. signage on the floor of the New York Stock Exchange, Dec. 31, 2025.Michael Nagle | Bloomberg | Getty ImagesWhen Nike reported fiscal third-quarter earnings on Tuesday night, investors were looking for evidence its recovery is on track.Instead, they learned that the retailer’s turnaround is far from over, sending shares tumbling more than 15% on Wednesday. During a call with analysts, finance chief Matt Friend warned sales would slide by a low single-digit percentage through the end of this calendar year, as a decline in China is expected to offset growing strength in North America.The company anticipates sales will fall…

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The Federal Drug Administration (FDA) has approved a new once-daily weight-loss pill from Eli Lilly, adding to the bevy of GLP-1 medications available in the consumer marketplace. The drug manufacturer announced on Tuesday that the company would begin shipping orforglipron, branded as Foundayo, as soon as Monday following approval from federal regulators. Prescribed as a…

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FOX Business correspondent Jeff Flock joins ‘Varney & Co.’ to break down the surge in SUV and truck sales, the slowdown in electric vehicle demand and how billions in tariffs are reshaping the auto industry. A shift in the auto market is becoming harder to ignore as consumer demand tilts back toward larger, gas-powered vehicles, even as electric vehicles struggle to maintain momentum. STELLANTIS TAKES MASSIVE $26B HIT AFTER MOVING AWAY FROM EVSFOX Business correspondent Jeff Flock joined FOX Business’ Stuart Varney on “Varney & Co.” to report from the New York Auto Show, where automakers are leaning into SUVs…

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NEWYou can now listen to Fox News articles! Iran is pushing back on President Donald Trump’s claim that it requested a ceasefire, with an official calling the statement “false and baseless. in a blunt public denial.Iran’s Foreign Ministry spokesperson, Esmail Baghaei, made the remarks rejecting Trump’s claim on Wednesday, according to a report on Iranian state television.Trump made the claim about Iran requesting a ceasefire in a Wednesday morning Truth Social post. But the president indicated that the U.S. will only entertain the prospect once the Strait of Hormuz is open for ships.”Iran’s New Regime President, much less Radicalized and…

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President Trump speaks during a meeting with German Chancellor Friedrich Merz in the Oval Office on March 3. Chancellor Merz is the first European leader to visit President Trump since the United States and Israel launched their war against Iran. Andrew Caballero-Reynolds/AFP via Getty Images hide caption toggle caption Andrew Caballero-Reynolds/AFP via Getty Images President Trump is set to address the nation at 9 p.m. ET tonight at a critical moment in the war the U.S. is conducting against Iran – his first formal address since the start of the war more than a month ago. The address comes after…

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Actor and activist Ariel Bronz, long relegated to the esoteric corners of Israel’s art scene, has been catapulted to the spotlight after his performance in the film “Yes.” It landed him a best actor nomination at Israel’s academy award ceremony last year. He didn’t win. Ofir Berman for NPR hide caption toggle caption Ofir Berman for NPR TEL AVIV, Israel — The edgiest Israeli film that has come out during these last few years of war is “Yes,” which opened last week in select theaters in the U.S. The film begins with a pair of go-go dancers entertaining Israel’s army…

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Royal Challengers Bengaluru is set for a blockbuster clash against Chennai Super Kings on March 5 on their homeground Chinnaswamy Stadium, Bengaluru. With one of the most anticipated clashes of IPL 2026 approaching, tickets have officially gone live, and fans have been provided with detailed guidelines to ensure a smooth match-day experience.How to Book RCB vs CSK TicketsTickets are available exclusively through the official RCB website and mobile app. Fans are advised to avoid third-party platforms or unauthorized sellers, as only official channels guarantee valid entry into the stadium.In a major boost for spectators, all valid ticket holders will be…

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NEWYou can now listen to Fox News articles! President Donald Trump suggested Wednesday that Iran may be seeking a ceasefire, but analysts say real power lies with hardline figures inside the Islamic Revolutionary Guard Corps, including newly prominent Commander Ahmad Vahidi.Trump did not name the Iranian figure he was referring to, but his comment likely pointed to President Masoud Pezeshkian, writing: “Iran’s New Regime President, much less Radicalized and far more intelligent than his predecessors, has just asked the United States of America for a CEASEFIRE! We will consider when Hormuz Strait is open, free, and clear. Until then, we…

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