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Adidas Lowers Earnings Forecast After Dropping Kanye West
Posted inCompany Reports Fashion and Apparel Puma AG Shoes and Boots Sporting Goods and Equipment West, Kanye

Adidas Lowers Earnings Forecast After Dropping Kanye West

The German sportswear company slashed its yearly forecast after dropping the popular Yeezy line over hate speech by its creator, Kanye West.
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Posted by By Melissa Eddy
FTX’s Near-Collapse Batters the Crypto Industry
Posted inBankman-Fried, Sam Company Reports DeSantis, Ron Elections Evers, Tony (1951- ) Fetterman, John (1969- ) Meta Platforms Inc Midterm Elections (2022) Musk, Elon Oz, Mehmet C Salesforce.com Inc Walker, Herschel Walt Disney Company

FTX’s Near-Collapse Batters the Crypto Industry

Prices of digital currencies have tumbled even after the exchange FTX announced a provisional lifeline by a top rival, Binance.
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Posted by By RSS Feed
Lucid Said It Will Raise Up to $1.5 Billion in Capital
Posted inCompany Reports Electric and Hybrid Vehicles Factories and Manufacturing Lucid Motors Inc Production Rawlinson, Peter (Automotive Executive)

Lucid Said It Will Raise Up to $1.5 Billion in Capital

The electric carmaker made the announcement on the same day it reported losing $670 million in the third quarter.
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Posted by By Neal E. Boudette
Disney+ Adds 12 Million Subscribers, Beating Expectations
Posted inAmusement and Theme Parks Chapek, Robert A Company Reports Disney Plus ESPN Prices (Fares, Fees and Rates) She-Hulk: Attorney at Law (TV Program) United States Economy Video Recordings, Downloads and Streaming Walt Disney Company

Disney+ Adds 12 Million Subscribers, Beating Expectations

The confidence generated by the subscriber growth was offset by widening financial losses for the company’s direct-to-consumer division over all.
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Posted by By Brooks Barnes

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