• Associated Press

    CNN says its report on a freed Syrian prisoner is not what it initially believed

    CNN is acknowledging that a gripping story it aired last week depicting a Syrian man being let free from a Damascus prison after the fall of dictator Bashar Assad's regime was not what it seemed. The network said that it has since found out that the man shown in correspondent Clarissa Ward's report, which initially aired on Dec. 11, apparently gave a false identity. “This moment captures the complexity of the situation in Syria,” CNN's Jake Tapper said on Tuesday.

  • Yahoo Finance

    Stock market today: Dow, S&P, Nasdaq slide as Fed cuts rates, signals 2 more reductions in 2025

    Stocks eyed a rebound Wednesday, with the blue-chip Dow looking to snap its longest losing streak since 1978

  • Reuters

    New Nike CEO Hill gets his chance to lay out turnaround plan

    Two months into his tenure as Nike CEO, Elliott Hill gets his first shot on Thursday to convince investors he can rescue the flailing sportswear company after a year stained by layoffs and cratering sales. Platitudes from Hill will not be enough, analysts say, when Nike reports quarterly earnings. To satisfy markets, Hill needs to lay out a plan to boost innovation, repair relationships with retailers and steady sales at a brand weathering the loss of market share to nimbler competitors such as Deckers' Hoka and On.