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Money Magazine: What's a value investor to do?

Value investing in a deep recession is a bit like trying to bargain hunt at a dollar store. At first blush you're overwhelmed by the prices on just about everything. A value investor is, after all, drawn to beaten-down stocks trading at low prices relative to earnings.

CNNMoney: Nike details plan that could cut 1,400 jobs

Nike Inc. announced details Friday of its previously announced plan to restructure that could result in the cutting of as many as 1,400 jobs.

Fortune: Citizen Nike

Posing as a fashion buyer, an Australian TV reporter gained entry to a Malaysian T-shirt factory, where foreign migrant workers told a grim tale. They had been forced to surrender their passports while their wages were being garnished to pay off hefty recruiting fees. Worse still, they were living in crowded, filthy rooms.

Time.com: Nike Sues Wal-Mart for Patent Infringement

Nike Inc. has sued Wal-Mart Stores Inc., alleging the giant retailer is selling shoes that infringe on Nike's patented designs

Time.com: Chinese Hurdler's Pullout a Blow to Advertisers

Hurdler Liu Xiang's surprise departure from the Olympics was a blow to advertisers including Coca Cola and Nike that made the 25-year-old hurdler a star of campaigns aimed at Chinese consumers

Time.com: 20,000 Vietnam Nike Workers Strike

More than 20,000 Vietnamese workers have walked off the job at a Taiwanese-owned plant that makes shoes for Nike Inc., demanding higher pay to keep pace with skyrocketing prices

Fortune: LeBron Inc.

It's May 31, 2007, in Auburn Hills, Mich., and the Cleveland Cavaliers, a Cinderella team no one expected to get this far, are down 107 to 104 in the crucial game five of the Eastern Conference finals against the Detroit Pistons when LeBron James launches a fadeaway three-pointer to tie with 1:14 to go in the second overtime. One minute and 12 seconds later he seals the game with a vicious drive down the lane to put his team up 109 to 107.

CNNMoney: Nike unveils shoe for Native Americans

Nike unveiled Tuesday what it said is the first shoe designed specifically for American Indians, an effort aiming at promoting physical fitness in a population with high obesity rates.

CNNMoney: Wall Street's earnings boost

Stocks gained Friday morning, restarting the recent advance after a one-day sell-off, as investors welcomed upbeat earnings from Oracle and Nike and kept an eye on the falling dollar and near-record crude oil prices.

CNNMoney: Nike income kicked up by forex

Nike Inc. reported a 51-percent increase in fiscal first-quarter net income Thursday, boosted by higher revenue and favorable exchange rates for the world's largest athletic shoe and clothing company.

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