Nike hits the speed limit

Nike hits the speed limit

UPS slaps shipping limits on Gap, Nike to manage E-Commerce surge.

  • Delivery giant #UPS recently imposed volume restrictions on Gap, #Nike, and some other large retailers, as the pandemic-driven surge in online shopping puts pressure on its capacity.
  • The S&P and Dow Jones Indices will launch cryptocurrency indices in 2021, making them the latest major finance companies to enter the nascent asset class.
  • Purchasing managers’ surveys add to signs economic recovery continues to have momentum in the U.S., while Europe seems set to end 2020 as a weak spot for the global economy.

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