Matt Powell News
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Nike Inc. is designing golf clubs with data-collecting sensors to help perfect a swing. Its LeBron X+ basketball shoes can measure vertical leap.
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When Warren Buffett fires the starting gun for the inaugural race at Berkshire Hathaway Inc.’s annual meeting in May, he won’t simply be searching for his fastest manager. The billionaire also will be spotlighting Brooks Sports, the event’s main sponsor and a Berkshire company.
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Adidas AG used to tell athletes that “impossible is nothing.” The company is taking that advice to heart with a vow to come from the back of the field -- sixth place -- and overtake rival Nike Inc. as the U.S. leader in running shoes.
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Tiger Woods fans have put up with the philandering, the text messages and the domestic spats. Now comes what may be the hardest thing of all to tolerate: Losing.
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Nike Inc., the world’s largest athletic-shoe maker, is selling the Umbro and Cole Haan brands after failing to turn the acquisitions into growth machines.
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Nike Inc.’s latest running shoe got its start when designers tried to solve a longstanding request from athletes: make shoes as comfortable as socks.
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Nike Inc., the world’s largest athletic-shoe maker, agreed to sell its Cole Haan fashion brand to private-equity firm Apax Partners for $570 million as it focuses on faster-growing businesses.
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Peyton Manning’s change of address is good news for Nike Inc., which replaces Reebok International Ltd. next month as the maker of National Football League-branded apparel and uniforms.
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Joseph Collins, Refco Inc.’s former outside lawyer whose 2009 fraud conviction was reversed in January, was found guilty Nov. 16 by a jury in federal court in Manhattan.
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Under Armour Inc. Chief Executive Officer Kevin Plank beat the odds in college when he walked on the University of Maryland football team and eventually became a captain. His next challenge could make that feat look easy.
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