Beaverton, Ore.-based Nike Inc. will recall 38,000 pairs of shoes carrying a logo that offended Muslims because it resembled the word “Allah” in Arabic. In exchange, the Council on American-Islamic Relations will urge Muslims worldwide not to boycott Nike products. This is the second time in recent years that Nike has been targeted. In 1995 the athletic shoe giant removed a billboard near the University of Southern California that depicted a basketball player with the headline “They called him Allah.”
sponsored Jargon is confusing, by definition. And the financial world has its own set of cryptic words.