List of All Articles with Tag 'c'

A jury on Tuesday found Donald Trump sexually abused and defamed writer E. Jean Carroll, the latest development

Federal Reserve Bank of New York President John Williams said he is monitoring how strains in the banking

The United States has sanctioned a son of Mexican drug lord Joaquin “El Chapo” Guzman, three members of the Sinaloa cartel and two Mexican-based firms, alleging they trafficked fentanyl and other drugs into the U.S. Tuesday's sanctions came the day Mexican President Andrés Manuel López Obrador was talking with President Joe Biden about immigration and the fentanyl crisis

Discord is a social app favored by gamers

Prosecutors are seeking to portray as racist a U.S. Army sergeant who fatally shot an armed man during a Black Lives Matter protest demonstration in Texas, saying he was was hostile toward social justice causes and looking for trouble before the encounter

U.S. stock indexes fell on Tuesday as investors turned cautious ahead of a key inflation reading this week,

The late pop superstar Prince is being honored in Minnesota as the state renames a stretch of highway after him

A former BNSF worker who was named one of the railroad’s employees of the year in 2021 for her work in supporting LGBTQ+ workers is now suing the railroad where she worked for 30 years

Supporters of Turkish President Recep Tayyip Erdogan in Germany have been trying to intimidate voters ahead of the country's crunch election, politicians...

Nearly seven months on from Adidas parting ways with rapper Kanye West, and the sportswear brand reportedly still has $1.3 billion of unsold Yeezy stock in its warehouses. The decision from Adidas to split from West - otherwise known as Ye - came back in October last year came after the 45-year-old made antisemitic remarks both in interviews and online. But now, Adidas has to decide what to do with the remaining stock of the popular shoe as the company attempts to turn its fortune around after it abruptly ended its partnership with West and his Yeezy brand, with 400 million euros ($441 million) in lost sales at the start of the year. Sign up to our free Indy100 weekly newsletter Though Adidas is "getting closer and closer to making a decision" on what to do with the sneakers and the “options are narrowing,” new CEO Bjorn Gulden said, as per Associated Press. He became in charge back in January this year, three months after Adidas terminated it's partnership with Ye. However, a decision has not yet been reached due to "so many interested parties," he added. Gulden did not confirm whether the option to destroy the shoes had been ruled out but noted that this is something it is the company is "trying to avoid." Meanwhile other options have their own downsides, since selling the shoes would mean Ye would need to be paid royalties, removing brand identification would be dishonest. Giving the shoes away for free sounds like a nice idea in theory but this could cause them to be resold at a higher market price. Gulden is also remaining tight-lipped on the exact quantity of stock that is left since he believes if consumer are aware of this number it "could have an impact on demand," as per AP. The CEO admitted losing Yeezy is "of course hurting us" and if Adidas decides not to sell the remaining shoes, it could reduce earnings by 500 million euros this year. Net sales declined 1 per cent in the first quarter, to 5.27 billion euros, and would have risen per cent with the Yeezy line, the company said. As a whole, Gulden described 2023 as a "a year of transition" with "a better ’24 and a good ’25" as the German sportswear business continues without the Yeezy brand. Elsewhere, Adidas found itself being sued by investors last week who allege the company knew about Ye’s offensive remarks and harmful behaviour years before the termination and failed to take precautionary measures to limit financial losses. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

A statement from the White House says the events surrounding the death of Jordan Neely “demand a thorough investigation,” as Manhattan prosecutors and police continue to investigate the case more than a week after the 30-year-old homeless street performer was choked to death on a subway traincar. “Jordan Neely’s killing was tragic and deeply disturbing,” according to the statement from President Joe Biden’s administration. The incident has prompted city, state and federal officials, advocacy groups and protesters to demand an arrest and call attention to urgently needed support for mental health services and people experiencing homelessness. A veteran New York photojournalist was arrested on Monday night during a vigil and protest, one of several in New York City in the week after Neely’s death. At least 10 people were arrested by NYPD officers, including photojournalist Stephanie Keith, who was filmed being carried away by police while displaying her press pass and announcing that she is a member of the press. Widely shared footage from 1 May shows a men identified as Daniel Penny, a 24-year-old former US Marine, wrapping his arm around Neely’s neck on the floor of the traincar. He has not been charged with a crime. Read More Daniel Penny: Everything we know about ex-Marine filmed choking Jordan Neely in fatal subway incident Jordan Neely wanted help. A brutal narrative about homelessness blamed him for his own death Jordan Neely family attorneys call statement from Daniel Penny’s legal team ‘character assassination’ Protesters jump on New York subway tracks in anger over Jordan Neely death

Republican House Speaker Kevin McCarthy rejected the possibility of a short-term debt-limit extension hours ahead of a meeting