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Soccer-Nike says ended Neymar deal after non-cooperation in ...


By Ismail Shakil and Andrew Downie
SAO PAULO, May 27 (Reuters) - Nike Inc said on Thursday it ended its partnership with Brazilian soccer star Neymar last year because he refused to cooperate in an investigation into sexual assault allegations leveled against him by a Nike employee.
Neymar, who currently plays for Paris St Germain, denies the allegations, his spokeswoman said in a statement.
The world s largest sportswear maker said in a statement it viewed the allegations about an incident in 2016 as credible but also said an independent investigation it commissioned was inconclusive.
No single set of facts emerged that would enable us to speak substantively on the matter. It would be inappropriate for Nike to make an accusatory statement without being able to provide supporting facts, the statement said. ....

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Big retailers like Walmart, Macy's see shoppers back in stores | WSAU News/Talk 550 AM · 99.9 FM


By Syndicated Content
By Richa Naidu and Aishwarya Venugopal
CHICAGO (Reuters) – More Americans are starting to shop in stores again for everything from sports equipment to jewelry, Walmart Inc, Macy’s Inc M.N> and Home Depot Inc said on Tuesday, as Covid-19 restrictions ease and the U.S. economy opens up.
All three retailers topped Wall Street’s quarterly sales estimates, propped up by the increased foot traffic and government stimulus checks that fattened shoppers pocketbooks. Visits to Walmart and Home Depot stores in April grew by 21.7% and 23.6% respectively, according to Placer.ai, a data firm that tracks foot traffic. ....

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