Adidas says loss may hit $1b if Yeezy shoes unsold
Adidas said it may report an operating loss of €700 million ($1.1 billion) in 2023 as it deals with fallout from the dispute with rapper and former partner Ye. The … Read More

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Adidas said it may report an operating loss of €700 million ($1.1 billion) in 2023 as it deals with fallout from the dispute with rapper and former partner Ye. The … Read More
Tesla shares extended their breakneck rally to double from the lows touched in early January, helped by a rising appetite for growth and technology stocks, and signs that demand for … Read More
Move over crypto. Booze is back. For the first time in more than three decades, Super Bowl viewers will see ads from alcohol brands other than Anheuser-Busch InBev SA. In … Read More
Hulu has bought U.S. rights to British comedy horror Wreck. The six-part series comes from Euston Film (Dublin Murders) and emerging British writer Ryan J. Brown. It launch on Hulu on … Read More
The last ever Ferrari Dino 206 S, dubbed the "most beautiful race car in the world" could be yours. RM Sotheby's is selling off the rare find at auction later … Read More
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The European Central Bank raised its key interest rates by 50 basis points on Thursday, in line with expectations, and signaled that policymakers plan to repeat the move in March, … Read More
Reactions to the Fed decision, major economic announcements, and quarterly results from important corporates will be the highlights on Thursday. UK interest rates were raised by half a percentage point … Read More
At its third annual developer conference on Wednesday, NBCUniversal introduced a range of new products and capabilities aimed at enhancing the media company’s appeal to advertisers. Among them: a new … Read More
About half an hour after Wednesday’s opening bell, the Dow Jones industrials traded 0.35% lower, the S&P 500 was down 0.49% and the Nasdaq had retreated 0.45%. Equity prices were … Read More