The National Basketball Association will cease distributing its lowest-priced jerseys to sporting-goods chains beginning next season, the latest shift as sportswear makers aim to sell directly to consumers.
South Korean prosecutors sought an arrest warrant for Samsung heir Lee Jae-yong on allegations including bribery and embezzlement, ensnaring him in a scandal that has already led to the impeachment of President Park Geun-hye.
Lockheed Martin Corp. Chief Executive Marillyn Hewson said Friday the company was close to reaching a deal on the next batch of F-35 combat jets, remarks that followed another meeting with President-elect Donald Trump.
It is time to pay more attention to the geopolitical party poopers at Davos. While the world certainly hasn’t been peaceful, several years have gone by since a conflict or act of terror had a meaningful global economic impact. This year, though, economic ripples from latent conflicts are a realistic threat.
Prepare for a Cambrian explosion of electric vehicles—scooters and other “rideables” that will speed up the adoption of self-driving technology and turn transportation into a service, Christopher Mims says.