In this article ADS-DE Follow your favorite stocksCREATE FREE ACCOUNT Gilbert Carrasquillo | Getty The chief executive and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye West as far back as four years ago, according to a report from The Wall Street Journal. During a 2018 presentation to the
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Black Friday shoppers wait to enter the Coach store at the Opry Mills Mall in Nashville, Tennessee, on November 25, 2022. Seth Herald | AFP | Getty Images Consumers spent a record $9.12 billion online shopping during Black Friday this year, according to Adobe, which tracks sales on retailers’ websites. Overall online sales for the
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Geber86 | Getty Images This year’s Thanksgiving box office was both feast and famine for Walt Disney. While “Black Panther: Wakanda Forever” added $64 million to its domestic tally during the five-day time frame, Disney’s latest animated feature “Strange World” failed to lure in moviegoers,
‘Tis the season for shopping — and maybe for some investors: ETFs. Despite consumer headwinds tied to the economic slowdown, Amplify ETFs’ Brian Giere sees opportunities in retail. “We are expecting continued outperformance or record growth in online specifically,” the firms’ head of national accounts told CNBC’s “ETF Edge” last week. Giere oversees the Amplify
Jeff Bezos has committed to giving away the “majority” of his $116 billion fortune during his lifetime — but when it comes to signing the Giving Pledge, the Amazon founder remains mum. The pledge, launched by Bill Gates and Warren Buffett in 2010, is a campaign that encourages billionaires from across industries to commit to
In this article COST MRVL NVDA Follow your favorite stocksCREATE FREE ACCOUNT Jensen Huang, CEO of Nvidia, shows the NVIDIA Volta GPU computing platform at his keynote address at CES in Las Vegas, January 7, 2018. Rick Wilking | Reuters Even though the holiday week ended on a positive note for stocks, more volatility is
Vitapix | E+ | Getty Images While couples might sign a prenuptial agreement before they’re married and a “post-nup” after, it’s more than just the timing that differentiates these arrangements, experts say. “It’s a whole different ballgame once you’re married,” said Martin Shenkman, estate attorney with Shenkman Law in New York City. “With a pre-nup,
Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California. Getty Images Adidas said it is investigating accusations made by staff relating to the conduct of the musician Ye during his partnership with the German sportswear brand and the response of senior company figures. The company said in
In this article WMT AMZN Follow your favorite stocksCREATE FREE ACCOUNT Walmart is top of mind for holiday shoppers who are hunting for Black Friday deals, according to new research. The big box retailer is dominating online searches for Black Friday discounts as of Friday morning, according to advertising technology company Captify, which tracks more
BEIJING — China’s capital city is grinding to a near standstill as Covid controls spread. More and more apartment compounds in Beijing on Friday forbade residents from leaving for at least a few days. That’s on top of a growing number of bans on business activity, which have forced gyms to close and restaurants to
The Sweetly Bakery & Cafe in Battleground, Washington Source: Irina Sirotkina It’s the holiday season, yet Americans are feeling a little less generous. With inflation near record highs, cash-strapped consumers have started to tip less — especially when it comes to fast casual dining and carryout. “Tipping is that first sign towards reduced spending,” said Amanda
In this article ULCC Follow your favorite stocksCREATE FREE ACCOUNT Frontier Airlines Airbus A320 takes off from Los Angeles international Airport on August 27, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images Say goodbye to the airline call center −at least at Frontier Airlines. The budget carrier last weekend
In this article TSLA ATVI MANU BBBY Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Activision Blizzard (ATVI) – Activision Blizzard slid 3.3% in premarket trading after Politico reported the Federal Trade Commission is likely to sue to block Microsoft‘s $69 billion purchase of the videogame publisher. Tesla
Most newly appointed bosses get the big corner office when they take over companies. But when Mark Cuban bought the Dallas Mavericks for $285 million in January 2000, he didn’t get his own floor-to-ceiling windows or a mahogany desk. Instead, he sat with nine other salesmen in an open plan office. In a recent interview
President Joe Biden and Secretary of Education Miguel Cardona. The Washington Post | The Washington Post | Getty Images It’s been almost three years since people with federal student loans have had to make a payment on their debt, and the Biden administration recently announced that borrowers have even more time. In March 2020, when the
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT A police tape is seen at the site of a fatal shooting in a Walmart on November 23, 2022 in Chesapeake, Virginia. Nathan Howard | Getty Images The Walmart night crew supervisor who shot and killed six his co-workers Tuesday used a handgun he purchased
Voyager said it has roughly $1.3 billion of crypto on its platform and holds over $350 million in cash on behalf of customers at New York’s Metropolitan Commercial Bank. Justin Sullivan | Getty Images Binance and other crypto firms are preparing takeover offers for beleaguered digital currency lender Voyager Digital after FTX, which had initially
The holiday shopping season is always closely followed by a spike in gift returning. But this year, it may be harder to bring things back for free or at a low cost. Roughly 60% of retailers said they’re making changes to existing returns policies, with fewer promising free returns, according to a recent survey of
A Black Friday sale sign in the clothing department of the Macy’s flagship store on Black Friday in New York, US, on Friday, Nov. 25, 2022. Jeenah Moon | Bloomberg | Getty Images This will likely end up the biggest Black Friday ever online. Overall online sales for the day after Thanksgiving are expected to
People shop at a grocery store on June 10, 2022 in New York City. Spencer Platt | Getty Images The average American household is spending $433 more a month to buy the same goods and services it did a year ago, according to a Moody’s Analytics analysis of October inflation data. While down slightly from