DIRS.INFO The most relevant business & tech news

MEMPHIS, Tenn. (AP) — Relatives of Tyre Nichols, George Floyd and Eric Garner — three Black men killed in violent confrontations with police officers — expressed frustration Friday with politicians who have failed to pass police reform legislation or have worked to invalidate laws intended to reduce chances that citizens' encounters with police end in death. Philonise Floyd, the brother of George Floyd, told an audience at a police violence symposium in Memphis that the time has come for Congress to pass a federal law that would ban certain police tactics such as chokeholds and no-knock warrants. The George Floyd Justice in Policing Act, proposed after Floyd died in Minneapolis in May 2020 after a white police officer pressed his knee to his neck for more than nine minutes, was passed by the House in 2021, but the Senate failed to reach a consensus. “You need to know your politicians ... because these are people that are not applying pressure to help,” Floyd said. Nichols' parents said they are seeking to meet with Lee, who has never vetoed a bill.

Persons: Tyre Nichols, George Floyd, Eric Garner —, —, Philonise Floyd, Floyd, ” Floyd, “ I'm, Nichols, RowVaughn Wells, Rodney Wells, Gwen Carr, Garner, Sybrina Fulton, Trayvon Martin, United, Bill Lee, Republican Donald Trump, Lee, it's, ” Fulton, George Zimmerman, She's, Florida's, Fulton, Ron DeSantis, “, Carr, Eric Garner, Garner's, ”, Weeks, Michael Brown, Andrew Cuomo, “ It's, There's Organizations: George Floyd Justice, House, Senate, National Civil Rights Museum, Black Memphis, City Council, Republican, Tennessee General Assembly, Tennessee Gov, Florida's Republican Gov, Gov Locations: MEMPHIS, Tenn, Memphis, Minneapolis, Black, Tennessee, Florida, New York, Ferguson , Missouri

Net sales of what's left of Adidas' former banner line of sneakers brought in about 750 million euros last year, compared with over 1.2 billion euros in 2022, the company reported. Of the 300 million-euro profit it earned from the sales of Yeezy shoes last year, the company said it had given away or planned to donate over 140 million euros (about $152 million). It blamed a high tax rate for ending the year with a net loss of 58 million euros, a massive turnaround from net income of 254 million euros in 2022. Looking forward, Adidas expects to make about 250 million euros in sales of the remaining Yeezy shoes this year. It said that North America was “particularly affected by the negative Yeezy impact” and that revenue there dropped 16% last year.

Persons: —, it's, Ye, Philonise Floyd, George Floyd, what's, Adidas, Bjørn Organizations: — Adidas, Kanye, Adidas, Defamation League, Keeta Floyd Institute for Social Locations: Germany, North America, America, Paris

FRANKFURT, Germany (AP) — Adidas said it might have to write off the remaining 300 million euros ($320 million) worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West. The company included the possible write-off of the remaining Yeezy inventory in its outlook Wednesday for its earnings this year, narrowing its expected loss to 100 million euros from an earlier prediction of 450 million euros, thanks in part to the earlier two releases of Yeezy shoes. CEO Bjorn Gulden, who took over after the Yeezy breakup, is leading an effort to recover from the loss of the profitable Yeezy business. He declined to say what the company would do with the shoes if they remain unsold. The breakup with Ye left the company, based in Herzogenaurach, Germany, with 1.2 billion euros worth of unsold Yeezys and searching for a responsible way to dispose of them.

Persons: —, Ye, Philonise Floyd, George Floyd, Bjorn Gulden, Gulden, ” Organizations: — Adidas, Kanye, Adidas, Defamation League, Keeta Floyd Institute for Social Locations: FRANKFURT, Germany, Israel, Gaza, Herzogenaurach

☆ Adidas’s Sale of Yeezy Sneakers Brings in 400 Million Euros
▼ + stars: | 2023-08-03 | by ( Melissa Eddy | More About Melissa Eddy | ) www.nytimes.com time to read: +3 min

The Yeezy sales added €150 million to Adidas’s operating profit for the first half the year, “an incremental amount,” the sportswear maker said. And Adidas reported a steeply lower operating profit for the half-year: €236 million, versus €828 million a year earlier. Adidas began selling its first batch of its remaining Yeezy shoe models in June. But Mr. Gulden refused to elaborate on how much the rapper was making from the sales. Adidas said it has set aside €110 million of its proceeds from the first sale of the Yeezy inventory to donate to organizations.

Persons: Ye, ” Bjorn Gulden, Gulden, “, ” Mr, Philonise Floyd, George Floyd, Robert K Organizations: Adidas, Defamation League, European Jewish Association, Keeta Floyd Institute for Social, Kraft, New England Patriots Locations: North America

☆ Adidas Starts Unloading Its Yeezy Gear, to Benefit Anti-Hate Groups
▼ + stars: | 2023-05-31 | by ( Melissa Eddy | ) www.nytimes.com time to read: +3 min

Adidas said its decision to sever ties with Ye cost the company €1.2 billion in lost sales and about €500 million in profit this year. Jonathan A. Greenblatt, chief executive of the Anti-Defamation League, which is among the groups that will benefit from the proceeds of the sale, welcomed Adidas’s decision as one fitting the complexity of the problem. But other groups noted that despite Adidas’s pledge to donate the proceeds, Ye will still make money off the sales. The Yeezy brand became a defining force in the sportswear industry and an incredibly lucrative cornerstone for Adidas. Adidas said it was considering further releases of the Yeezy inventory, but it did not give a timeline.

Persons: Ye, Gulden, Philonise Floyd, George Floyd, Jonathan A, Greenblatt, Mr, “, ”, Josef Schuster, Michael Jordan Organizations: Adidas, Keeta Floyd Institute for Social, Defamation League, Central Council of, Kanye, Nike Locations: Germany

☆ Photos of Tyre Nichols' funeral at Mississippi Boulevard Church in Memphis show a community jolted into activism
▼ + stars: | 2023-02-01 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +1 min

Tyre Nichols' funeral was held Wednesday at Mississippi Boulevard Christian Church in Memphis. A man arranges flowers around Tyre Nichols' casket at Mississippi Boulevard Christian Church in Memphis, Tenn., on Wednesday, Feb. 1, 2023. Andrew Nelles/The Tennessean via AP, PoolThe funeral of Tyre Nichols, the 29-year-old Memphian who was brutally beaten by five police officers on January 7, was held Wednesday at the Mississippi Boulevard Christian Church in Memphis. Nichols, who has a 4-year-old son, has been remembered by his family and friends as a lover of sunsets, photography, and skateboarding. Vice President Kamala Harris spoke with Nichols' mother, RowVaughn Wells, on Tuesday, accepting her invitation to the funeral.

☆ N.O.R.E. apologizes to George Floyd’s family for Kanye West’s comments
▼ + stars: | 2022-10-19 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —N.O.R.E., co-host of “Drink Champs,” is expressing regret over allowing Kanye West to make controversial comments during the podcast. The rapper called “The Breakfast Club” radio show Tuesday to address what happened with West on the Revolt.TV show. “I just want to be honest, I support freedom of speech,” N.O.R.E said. “Later on I actually checked him about the George Floyd comments, I actually checked him about the ‘White Lives Matter’ but it was so later in the episode…I was so inebriated at the time that maybe people looked over it.”“But I apologize to the George Floyd family, I apologize to anybody that was hurt by Kanye West’s comments,” he added. On Tuesday, lawyers representing Roxie Washington, the mother of George Floyd’s daughter, provided CNN with a cease-and-desist letter addressed to West.

☆ George Floyd’s family considering lawsuit against Kanye West after fentanyl claim
▼ + stars: | 2022-10-17 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Kanye West’s latest controversial remarks could land him in a legal battle. Civil rights attorney Lee Merritt, who has represented the Floyd family, tweeted Sunday that they are considering legal action against West. “While one cannot defame the dead, the family of #GeorgeFloyd is considering suit for Kanye’s false statements about the manner of his death,” Merritt tweeted. “I have put together a working team to investigate [West’s] statements and to investigate the source of those statements,” Merritt said. Video of Chauvin kneeling on Floyd’s neck for more than eight minutes sparked protests and calls for justice around the world.

☆ Mii de americani au comemorat în stradă un an de la moartea lui George Floyd
▼ + stars: | 2021-05-26 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

George Floyd, bărbatul afro-american în vârstă de 46 de ani ucis prin asfixiere de polițiști, pe 25 mai 2020, a fost comemorat în stradă de mii de americani, dar și în alte orașe din lume. Preşedintele SUA Joe Biden şi vicepreşedintele Kamala Harris au primit mai mulţi membri ai familiei lui Floyd la Casa Albă, relatează Antena 3. Un festival de stradă, concerte şi momente de reculegere au fost organizate în onoarea lui George Floyd, pentru a marca un an de când a fost ucis de poliţiştii din Minneapolis. La intersecţia unde Geroge Floyd a murit, zeci de persoane s-au adunat şi au păstrat tăcerea pentru 9 minute şi 29 de secunde, perioada cât Floyd a fost ţintuit la pământ cu genunchiul unui polițist pe gâtul său. Mai mulţi membri ai familiei lui Floyd s-au întâlnit la Washington cu preşedintele Joe Biden şi cu vicepreşedintele Kamala Harris, care şi-a exprimat susţinerea pentru o lege care să schimbe practicile din poliţie.

Persons: George Floyd, SUA Joe Biden, vicepreşedintele, Harris, Floyd, preşedintele Joe Biden, vicepreşedintele Kamala Harris, George, Philonise Floyd, Joe Biden, vicepreşedinta Kamala Harris, Terrence Floyd Organizations: Albă, Agerpres Locations: american, Minneapolis, Washington, Statelor Unite, Senat

☆ Reacția familiei lui George Floyd după verdictul în procesul lui Derek Chauvin: „Astăzi putem respira din nou”
▼ + stars: | 2021-04-21 | by ( ) www.jurnal.md time to read: +2 min

Sursa foto: GettyImagesReacția familiei lui George Floyd după verdictul în procesul lui Derek Chauvin: „Astăzi putem respira din nou”Familia lui George Floyd spune că verdictul dat marți seara în procesul fostului polițist Derek Chauvin, găsit vinovat pentru uciderea bărbatului afroamerican în mai 2020, este o victorie, dar că lupta pentru dreptate nu s-a încheiat, relatează CNN. „Astăzi putem respira din nou”, a spus Philonise Floyd, unul din frații lui George Floyd. După mai bine de 10 ore de deliberări, jurații l-au găsit pe Derek Chauvin vinovat de uciderea lui Floyd. Trebuie să protestăm în continuare, pentru că se pare că acesta este un ciclu fără sfârșit”, a spus Philonise Floyd. Terrence Floyd, un alt frate al lui Floyd, a descris verdictul drept „monumental” și a spus că este recunoscător și mândru de fratele său.

Persons: George Floyd, Derek Chauvin, CNN ., Floyd, Floyd ., George, Împreună, Terrence Floyd, Ben Crump, Daunte Wright Organizations: CNN Locations: Minneapolis, Statele Unite, SUA, Hennepin

☆ Moartea lui George Floyd: Procesul lui Derek Chauvin intră în etapa pledoariilor principale
▼ + stars: | 2021-03-29 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

La 25 mai 2020, într-o operaţiune a poliţiei din Minneapolis, poliţistul alb Derek Chauvin a rămas cu genunchiul pe gâtul lui George Floyd timp de aproape nouă minute. Înregistrarea video a faptei, devenită virală, a declanşat manifestaţii de amploare împotriva rasismului şi violenţelor poliţieneşti din SUA.Juriul este format din şase femei albe, trei bărbaţi albi, trei bărbaţi afro-americani, o femeie afro-americană şi două femei multirasiale, scrie agerpres.ro. Sunt foarte agitată pentru că nu ştii ce se va întâmpla, dar în acelaşi timp sunt bucuroasă că acest proces începe'', a declarat Paris Stevens, o verişoară a lui George Floyd ce lucrează ca asistentă medicală în Carolina de Nord. Ea şi alte rude vor trebui să ocupe cu rândul singurul scaun din sala de judecată rezervat familiei lui George Floyd, izolat cu un geam de plexiglas în contextul pandemiei de COVID-19.Philonise Floyd, fratele lui George Floyd, s-a declarat încrezător că procurorii din Minnesota vor obţine condamnarea lui Chauvin. ''Dovada este înregistrarea video'', a spus el.Derek Chauvin (45 de ani) este acuzat de 'crimă de gradul doi', 'crimă de gradul trei' şi 'omor prin imprudenţă'.

Persons: Derek Chauvin, George Floyd, Carolina de Nord . Ea, Philonise Floyd, Chauvin Locations: Minneapolis, poliţistul, american, SUA.Juriul, Paris Stevens, Carolina de Nord, Minnesota

Search resuls for: "Philonise Floyd"

11 mentions found