Business Contents Archive

Adidas is terminating its partnership with Kanye West immediately, the sporting-goods maker said on Tuesday, reacting to a rash of offensive behavior from the American rapper and designer. "Adidas does not tolerate antisemitism and any other sort of hate speech," the German company said. Ending the partnership and the production of Yeezy-branded products, as well as stopping all payments to Ye and his companies, will "have a short-term negative impact" of up to $250 million on Adidas' net income this year, the company said, partially as the Christmas quarter tends to see greater demand. 🔗 Read more at our link in bio

BREAKING: WhatsApp has suffered a widespread outage, with users reporting issues around the world. Nearly 70,000 people reported disruptions including not being able to send messages or connect to the server, data from Down Detector showed on Tuesday morning. Among those affected were users in the UK, India, Hong Kong and Singapore. Tap the link in our bio for the latest.

In his first address to the nation, the new Prime Minister of Britain, Rishi Sunak, said, "this govt will be about integrity, professionalism and accountability at every level. Trust is earned and I will earn yours." "I stand here before you ready to lead our country into the future, to put your needs above politics, to reach out and build a govt that represents the very best traditions of my party. Together we can achieve incredible things", Sunak added. He further siad, "I will bring that same compassion to the challenges we face today. The government I lead will not leave the next generation, your children & grandchildren with a debt to settle that we were too weak to pay ourselves".

BREAKING TIES: The retail giant will end production of Yeezy-branded products and stop all payments to the hip-hop mogul and his companies, effective immediately. Link in bio.

At the 2022 #Inc5000 conference in Phoenix, jameelajamil spoke with Mansueto Ventures CEO Stephanie Mehta about why businesses should prioritize inclusivity, and how doing so can bring them more success. "In order to reach a diverse range of voices, you need to have those voices coming from inside," Jamil said, adding that diversity isn't just important from a moral perspective--it's also better for reaching new audiences and customers. "If you feel like you don't know the right thing to say or the right way to act, perhaps it's because you're underrepresented on the inside." Learn how to create a business built on inclusivity in our link in bio. (Reporting by rebeccadecz / 📸: cassidy_araiza)

Kyiv’s city center is without electricity after critical civil infrastructure was hit by Russian missile attacks in Ukraine, October 24, 2022.  📷 g_garanich #kyiv #ukraine #russia #war #conflict #reuters #reutersphotos

Unilever has recalled Dove, TRESemmé, and other shampoo brands over cancer risk. Reportedly, aerosol dry shampoos contain benzene, a chemical linked with blood cancers. Watch the video to know more. #cancer #bloodcancer #unilever #dove #tresemme

FED UP: Attorney Brandee Faria said she has never seen an 'inflation fee' prior to the Biden administration. Link in bio.

CLEAR FOR TAKEOFF: Elon Musk's SpaceX has provided internet service to Ukrainian forces through Starlink. Link in bio.

CALMING THE STORM: Experts say Rishi Sunak's next steps must be focused on restoring the faith of the British people and the nation's economy after weeks of chaos under his predecessor, Liz Truss. Link in bio.

TREADING WATER: The Mississippi River has dried up and fallen to 11.1 feet below sea level. Link in bio.

California's economy is poised to overtake Germany’s as the fourth largest in the world after the US, China and Japan (via @opinion) https://t.co/S5DwBCKA8R

China's richest people lost about $13 billion in just one day due to a market sell-off after President Xi Jinping secured a third term https://t.co/Xe8JzEEatM

How to learn from the rejection and move forward. https://t.co/tW8FOpODRd

China’s wealthy activate escape plans as Xi Jinping extends rule https://t.co/3SEUl6vMW6