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Foot Locker rises on sales

Bloomberg Foot Locker Inc rose in early trading after surprisingly robust same-store sales powered earnings past analysts’ estimates. The athletic-footwear retailer said that comparable sales rose 7.7% in the period, better than the 0.9% analysts expected according to Consensus Metrix. Adjusted earnings of $1.21 a share topped the estimate of 66 cents compiled by Bloomberg. Foot Locker continued the resilience ...

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Trump faces pressure from allies to concede to Biden

Bloomberg President Donald Trump is facing rising pressure from prominent Republicans to begin a transition to President-elect Joe Biden — or even concede defeat — as Trump’s long-shot legal challenges failed to gain traction. Several key allies for Trump appeared to lose their patience over the weekend. Senators Lisa Murkowski of Alaska and Kevin Cramer of North Dakota — one ...

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UK mulls future of HK judges over security law

Bloomberg Foreign Secretary Dominic Raab is consulting with the UK’s most senior legal officer on the position of British judges in Hong Kong’s Court of Final Appeal, as he condemned China’s “chilling” national security law for suppressing legal freedoms in the former British colony. Hong Kong’s independent judiciary is a key to its success as a global financial hub, and ...

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