Nike suspends sponsorship of Deshaun Watson amid allegations

Watson has been accused of sexual assault or harassment in lawsuits filed by 22 women.

(AP) -- Nike has suspended its endorsement contract with Deshaun Watson amid allegations of sexual assault and harassment against the Houston Texans quarterback. “We are deeply concerned by the disturbing allegations and have suspended Deshaun Watson,” Nike said in a…

Avenatti charged with stealing $300,000 from Stormy Daniels

A federal grand jury in Manhattan indicted celebrity attorney Michael Avenatti on Wednesday in two alleged schemes, charging him with fraud and aggravated identity theft involving his former client, Stormy Daniels, and with attempting to extort more than $20 million from s

Michael Avenatti indicted on 36 counts in California

A federal grand jury in California has indicted celebrity attorney Michael Avenatti on 36 counts, including embezzlement, wire fraud, tax evasion, bankruptcy fraud and bank fraud connected to his alleged theft of tens of millions of dollars from five clients, one a paraplegic.

Zion Williamson injures knee after Nike shoe bursts

A star-studded crowd including former US President Barack Obama had gathered to watch hotly tipped college basketball player Zion Williamson, but the 18-year-old's night unraveled after just 33 seconds when his Nike shoe fell apart.

Nike not worried about China

Signs that the world economy is starting to weaken have alarmed investors. Some global companies have warned of a slowdown in China. But things are looking good for Nike.