Nike shares are popping on the back of its fiscal first quarter results. What did the athletic apparel company report that has investors snapping up the stock? Yahoo Finance's Josh Schafer breaks down the company's quarterly results and conference call. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
WASHINGTON — President Joe Biden's administration on Friday proposed up to three oil and gas lease sales in the Gulf of Mexico but none in Alaska as it tries to navigate between energy companies seeking greater oil and gas production and environmental activists who want Biden to shut down new offshore drilling in the fight against climate change. The five-year plan includes proposed sales in the Gulf of Mexico, the nation’s primary offshore source of oil and gas, in 2025, 2027 and 2029.