Nike Earnings, China Halts Exports of Rare Earth Technology

Nike's quarterly revenue report shows concerns over lower-than-expected sales in China. Updates in the business world include Nike's cost-saving plan, Apple's patent dispute loss, and Boeing's Dreamliner delivery to China. Nike's earnings and cost-cutting plan, as well as its focus on innovation and successful partnerships with celebrities and sports players, are discussed. Attention is drawn to OSH County's recent attention and a prominent ranching family's acquisition of OSH nation land.