Bloomberg Nike Inc has found a new way to capture more information about its customers: through their sneakers. At an event called the “Future of Footwear,” Nike unveiled a new shoe concept, called Nike Adapt, that tracks performance in real time, allowing the company to give weekend warriors athletic tips and also sell them more products. “It’s the start of …

Bloomberg Societe Generale SA is considering closing its proprietary-trading unit, people familiar with the matter said, a week after French rival BNP Paribas SA decided to shut its operation. SocGen executives are reviewing the future of the Descartes Trading division, which makes risky bets with its shareholders’ funds, said the people, who requested anonymity as the details are private. The …

Bloomberg Federal Reserve Governor Randal Quarles expressed optimism about the state of the US economy, calling strong hiring and low inflation a “good environment” even as investors focus on mounting threats to growth. “Clearly markets are more attuned currently to the downside risks, but the core base case remains very strong,” Quarles, the central bank’s vice chairman for supervision, said …