Nike has teamed up with Good360 to donate 32,500 pairs of its Air Zoom Pulse shoes, specifically designed for healthcare workers, across the U.S. and in parts of Europe.
Jorge Casimiro, Nike's chief social and community impact officer, told Cheddar Monday that Nike athletes are leading the effort to show their appreciation for frontline workers taking on the coronavirus pandemic.
"Together, with these great Nike athletes what we want to do is show that appreciation by donating our most innovative footwear for the healthcare athlete, the Air Zoom Pulse," Casimiro said.
Along with the sneakers, the sportswear giant is also donating over 140,000 pieces of footwear, apparel, and equipment globally. Casimiro also said they are reaching out to local communities to find out the needs of those on the front line so they can provide them with the right gear.
"We have teams on the ground. These are cities that are important for our employees, for our consumers, where we have deep relationships, and we listen to their needs," he said
Nike also committed more than $25 million in products and funding to COVID-19 response efforts, including $2 million in employee donations. The company says it has invested in providing personal protective equipment (PPE) for healthcare workers, and Casimiro said the company intends to continue to listen to medical professionals on the frontlines to fill their needs.
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
Starbucks’ AI barista aims to speed service and improve experience. Nick Lichtenberg, Fortune Business Editor, explains its impact on workers and customers.
As Big Tech reports Q3 earnings, investors await proof that massive AI and cloud investments from Meta, Apple, Microsoft, and Alphabet are driving real growth.
Eric Trump joins us to discuss American Bitcoin’s mission, market strategy, and why he believes the U.S. must lead the next era of digital currency innovation.
Unreal Snacks CEO Kevin McCarthy shares how dye-free candy is leading the sweets revolution—just in time for what could be a record-breaking Halloween 2025.
