News Topics
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June 27, 2022
Nike Q4 Beats Analyst Expectations Despite Russia Exit, China Pressures
Revenues in Q4 were down 1% to $12.2 billion compared to the prior year, with net income down 5% to $1.4 billion, or 91 cents per share. The Beaverton, Ore.-based company attributed approximately $150 million in expenses in the quarter associated with closing its Russian operations, and the transition of...
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June 26, 2022
4,400 road signs, 1,800 balance bikes, 100 percent carbon offset: The numbers behind the 2022 Tour de France
The recently published “Key figures for the 2022 Tour de France” factsheet sheds light on the operational, commercial, and increasingly sustainable beast that is the Grande Boucle. A small army of security and safety officials governs nearly 3,400km of race route. More than 4,000 bright yellow signs point the peloton...
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June 25, 2022
Adidas, Nike and Disney join wave of companies that’ll cover employee abortion travel costs
JPMorgan Chase, the largest bank in America, and two athletic apparel giants with a significant presence in the Northwest have joined a host of companies saying they will cover the cost for employees who need to travel out of state for abortions. The U.S. Supreme Court on Friday officially reversed...
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June 24, 2022
A California REI Store is Looking to Unionize, Amid an Uptick in Retail Unions
Another REI store has started the process of organizing a union. A store in Berkeley, Calif. on Tuesday filed a request with the National Labor Relations Board to hold a union election. The group is looking for the company to voluntarily recognize them through the United Food and Commercial Workers Local...
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June 24, 2022
3D-Printed Protein Bars are Now a Thing You Can Buy
With over 420 unique combinations to choose from, you can personalize your protein consumption for how you like. But these flavorful curations aren't made in a traditional kitchen or factory, no. They're 3D-printed — yes you read that correctly. Gear Patrol
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June 24, 2022
The prize money of the Tour de France: Who earns what?
This year’s race sees a total money pot of €2,288,450 ($2.4m) being split between the various classification winners, stage victors, team prizes, intermediate sprints, and the rider who crosses the Tour de France’s highest peak first. Velo News
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June 24, 2022
New study explains why you can’t eat after a hard run
There is evidence to suggest that appetite may be suppressed after a hard workout, due to alterations in hunger hormones and metabolism. In a recent study in Nature, researchers at Stanford University, Baylor College of Medicine in Houston and elsewhere identified a metabolite molecule that’s released into the blood during...
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June 23, 2022
Bicycle insurance company Laka receives investment from Porsche Ventures
Laka has secured additional funding from Porsche Ventures, the venture capital unit of Porsche AG. This brings its Series A, led by Autotech Ventures and followed by Ponooc, a Dutch sustainable mobility investor with close ties to Pon, and ABN AMRO, to $13.5 million. bikebiz
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June 23, 2022
Nike latest brand to leave Russia permanently
Nike has announced plans to leave Russia, becoming the latest Western brand to quit the country since the invasion of Ukraine in February. The US sportswear giant halted online orders and closed the stores it owned in the country in March. BBC
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June 23, 2022
Vehicle of Texas woman wanted in murder of cyclist Anna Moriah ‘Mo’ Wilson is found, sold 2 days after killing
On Thursday, the U.S. Marshals Lone Star Fugitive Task Force announced they have located the black Jeep Grand Cherokee registered to Armstrong. Armstrong sold the vehicle on May 13, two days after Wilson’s death, to a CarMax dealership in south Austin for $12,200, the agency said in a news release. NBC
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