Bloomberg Nike Inc has been among the chief beneficiaries of a “significant acceleration in athletic apparel/footwear trends” over the past couple of weeks as stores in several states began reopening after the Covid-19 pandemic closed all but essential businesses across the country, according to Credit Suisse Securities analyst Michael Binetti. “Athletic trends looked very bad” at the start of the …

Bloomberg With much of the US and Europe in lockdown, video-game use has exploded. It’s become a way for millions of quarantined people to pass the time and stay connected to others without spreading coronavirus — and health officials have applauded the idea. But for some percentage of users, the binge comes with a dark side: internet and gaming addiction. …

Bloomberg Taiwan Semiconductor Manufacturing Co. plans to spend $12 billion building a chip plant in Arizona, a decision designed to allay US national security concerns and shift more high-tech manufacturing to America. TSMC said it will start construction of its next major fabrication facility in 2021, to be completed by 2024. While the investment falls short of its previous expenditure …