A didas has initiated a hiring freeze but suggested it does not plan to conduct layoffs after it cut ties with hip-hop mogul Ye, forfeiting a multibillion-dollar business that had become increasingly problematic in recent weeks. “This is not up for discussion. We need our employees’ talent and skills within the organization,” said Adidas spokesperson…
Posts published in “Asides”
The superstar rapper no longer has a place on the Forbes Billionaires’ list now that his lucrative deal with Adidas is over. J ust days ago, the rapper-cum-fashion entrepreneur Kanye West challenged Adidas to drop him following a weeks-long barrage of antisemitic remarks made on social media and in national media appearances. “I can say…
Topline Gap said Tuesday it is removing products made in collaboration with Kanye West’s Yeezy brand from its stores and website in response to West’s recent antisemitic outbursts, as the fallout against the rapper continues, after the clothing retailer previously said last month it would “wind down” its partnership with West. Key Facts In a…
Updated Oct 25, 2022, 10:29am EDT Topline Shares of German footwear and apparel giant Adidas slid Tuesday after it disclosed a nine-figure loss after breaking off its relationship with rapper Kanye West following his anti-Semitic tirades, an ill-timed public relations nightmare for the firm whose stock was already falling due to slumping sales. Key Facts…
He has already won over the hearts of countless fans with his ongoing portrayal as Jamie Fraser on the hit series Outlander . He is even already a bestselling author - yet actor and entrepreneur Sam Heughan continues to expand on his many passion projects today, including with his latest book and first memoir titled…
Topline Elon Musk told the banks that are partially funding his $44 billion Twitter acquisition he plans to close the deal by Friday, a deadline set by Delaware state court judge, Bloomberg reported Tuesday, as the world’s wealthiest man finally seems set on purchasing the social network after a very public case of buyer’s remorse.…
Updated Oct 25, 2022, 08:11am EDT Topline Sportswear giant Adidas on Tuesday announced it has cut ties with rapper Kanye West, also known as Ye, over a series of offensive and anti-Semitic remarks, the latest company to distance itself from the star as his increasingly controversial behavior courts outrage and criticism. Key Facts The German…
iOS 16.1 is finally here. This is Apple’s first major feature update for iOS 16, comes with critical security updates, and coincides with the long-awaited launch of iPadOS 16.1. So what do you get, and is the iOS 16 bug-fest finally under control? Here’s everything you need to know. Tip: bookmark this page because I…
Sponsor content from EY-Parthenon...
A conversation with economist Nouriel Roubini about what lies ahead...









