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☆ 5 common mistakes employers make that could land their workers fat settlements, according to employment lawyers
▼ + stars: | 2024-03-02 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +11 min

The outcome could involve hefty settlements that employers are compelled to cough up to employees who brought workplace-related lawsuits against them. "That is easy, easy money" for the employee, Zambrano, who is suing the musicians Lizzo and Ye (formerly known as Kanye West), on behalf of ex-employees, said. Having an under-trained human resources department could pose major legal troubles for a company, added David Gottlieb, a partner at the New York City-based employment law firm, Wigdor LLP. If a case has some merit, employers will "absolutely" offer money to an employee pursuing legal action, continued Zambrano. Misclassifying employees as exempt from overtimeZambrano said that another common issue he encounters is employers misclassifying employees, sometimes in order to save money for the company.

Persons: —, Ron Zambrano, Zambrano, Lizzo, David Gottlieb, Wigdor, Gottlieb, they're, it's, that's, Amazon Tyler Organizations: Service, Business, Trial, Kanye, New, Wigdor LLP, NFL, Employers, Companies, Getty, Employees, Walmart, West Coast, Amazon Locations: California, New York City

☆ Donna Summer’s Estate Sues Ye for Sampling ‘I Feel Love’
▼ + stars: | 2024-02-28 | by ( Marc Tracy | More About Marc Tracy | ) www.nytimes.com time to read: +1 min

When Ye and Ty Dolla Sign asked last month for permission to sample Donna Summer’s 1977 song “I Feel Love,” the disco singer’s estate firmly told them no. Yet when their joint LP, “Vultures 1,” was released weeks ago, a song with strong similarities to Summer’s famous tune was there on the track list. A copyright infringement lawsuit detailing that timeline was filed against Ye, the rapper once known as Kanye West, and Ty Dolla Sign on Tuesday by Summer’s husband and executor, Bruce Sudano. Summer, known as the “Queen of Disco,” had three consecutive double albums reach No. He has apologized in a Hebrew-language social media post.

Persons: Ye, Ty Dolla, Donna Summer’s, ”, Ty, Summer’s, Bruce Sudano, “, ” Ye Organizations: Creative Artists Agency, Adidas Locations: Los Angeles

☆ Ye is accusing Adidas of selling 'fake' Yeezys that he didn't approve of and using contract clauses to 'rape' him as an artist
▼ + stars: | 2024-02-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Rapper Ye tore into Adidas in several Instagram posts on Monday evening, accusing his old sponsor-partner of selling "fake" Yeezys when the sportswear brand released a new version of the sneakers. This story is available exclusively to Business Insider subscribers. In a separate video post, Ye claimed that Adidas is suing him for $250 million and of "using contract clauses and 50 years of business experience to rape an artist." "I AM ADIDAS ADIDAS RAPED AND STOLE MY DESIGNS," Ye's Instagram caption partially said. AdvertisementThe press office for Adidas did not immediately respond to a request for comment sent outside regular business hours by Business Insider.

Persons: Ye, yall Organizations: Adidas, Business, The New York Times, ADIDAS ADIDAS, Defamation League, Keeta Floyd Institute for Social

☆ Ye Spends a Second Week at No. 1 With ‘Vultures 1’
▼ + stars: | 2024-02-26 | by ( Ben Sisario | More About Ben Sisario | ) www.nytimes.com time to read: +1 min

Ye, the rapper and provocateur formerly known as Kanye West, has the No. 1 album for a second week with “Vultures 1,” narrowly beating out a new release from the Oregon rapper Yeat. He released “Vultures 1” independently and promoted the album with a pair of well-attended listening events at arenas in Chicago and Long Island. It is Ye’s first album to spend more than a single week at No. According to an estimate computed by Billboard, “Vultures 1” earned about $1 million in its first week from sales and streams in the United States alone.

Persons: Ye, provocateur, ”, Yeat, Ty Dolla, Jay Organizations: “, Billboard Locations: Oregon, United States, Chicago, Long

US law enforcement officials have also been closely monitoring the incident to determine if a federal crime was committed, a senior US official familiar with the matter told CNN. Tom Brenner/ReutersA longtime political consultant, Kramer worked for Kanye West’s 2020 presidential bid and has a history of producing robocalls. Phillips’ campaign said it had no knowledge of his reported involvement with the AI Biden call. He said that Kramer told him to delete all of the emails between the two of them, and that he did. As figures at the center of American political scandals go, Carpenter is certainly “eccentric” – a word he uses to describe himself.

Persons: Paul Carpenter –, –, Joe Biden’s, Carpenter, Dean Phillips, Biden, ”, “ I’m, Steve Kramer, Phillips, Kramer, Carpenter’s, Biden’s, Tom Brenner, Kanye, Phillips ’, robocalls, ” Phillips, Katie Dolan, ” Dolan, Hank Sheinkopf, Sheinkopf, CNN’s Jake Tapper, “ I’d, “, who’s, Donald Trump, Sen, Lindsey Graham of, ” Carpenter, he’s, didn’t, Bruce Kramer, Brandon Kizy –, Paul Carpenter, CNN “ Paul, Paul, ” Kizy, Hany Farid, we’ve, ” Liz Purdy, I’d, “ I’ve, ” CNN’s Alison Main, Allison Gordon, Isabelle Chapman, Yahya Abou, Ghazala Organizations: CNN, New, Minnesota Rep, Democratic, NBC News, Commission, Reuters, South, Republican, University of California Berkeley Locations: Orleans, New Hampshire, Texas, New York, Pennsylvania, South Carolina, Minneapolis, New Orleans, Lindsey Graham of South Carolina

☆ Former journalist indicted for allegedly hacking and leaking embarrassing Fox News Tucker Carlson footage
▼ + stars: | 2024-02-22 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

CNN —Timothy Burke, a former journalist, has been charged with 14 federal crimes over the alleged hack and leaking of a series of unflattering behind-the-scenes clips of Tucker Carlson, according to an indictment unsealed Thursday. In the grand jury indictment, Burke was charged with one count of conspiracy, six counts of accessing a protected computer without authorization, and seven counts of intercepting or disclosing wire, oral or electronic communications. In one unaired clip posted by Vice in 2022, Kanye West was seen making antisemitic remarks to Carlson. The following year, after Carlson was fired from Fox News, the progressive watchdog Media Matters posted embarrassing behind-the-scenes footage of Carlson making crude remarks while joking with staff and denigrating the Fox Nation streaming service. US conservative political commentator Tucker Carlson speaks at the Turning Point Action USA conference in West Palm Beach, Florida, on July 15, 2023.

Persons: Timothy Burke, Tucker Carlson, Burke, Kanye West, Carlson, Megyn Kelly, Giorgio Viera, Mark Rasch, Rasch, Michael Maddux, Burke “, Tucker Carlson’s, West, ” Rasch, Maddux, ” Organizations: CNN, Tampa Bay Times, Department, Fox News, Media, Fox Nation, Getty, Fox, Justice Department, Kanye Locations: Tampa , Florida, West Palm Beach , Florida, New York City , New York, Florida

☆ Walmart and Amazon face legal trouble for using a points system to track and fire employees over absences: lawyers
▼ + stars: | 2024-02-21 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +18 min

AdvertisementWalmart would not provide details on its points-based attendance system to Business Insider. AdvertisementSimilar to Walmart's policy, Amazon uses a points-based attendance system that could land employees in hot water if they hit eight points in a rolling 60-day period, according to the company. Many companies, including mid-size ones, have started to implement a points-based system to track lateness and absences, Zambrano noted. Amazon disputed the description of its points-based attendance system as totally "automated." "The attendance system works very similar to a standard time clock system," Stephenson, Amazon's spokesperson, told Business Insider.

Persons: Ron Zambrano, Zambrano, Lizzo, Nick Yasman, Yasman, Kelly Hellbusch, Hellbusch, Julio Cortez, Sam Stephenson, Stephenson, There's, Patricia Caputo, " Caputo, Caputo, Artur Widak, Amazon, Caputo wasn't, Mekaliah Torres, Torres, David Wagner, Wagner, Larreon Murphy, Murphy, they're, Elizabeth Gedmark, Gedmark Organizations: Walmart, Trial, Amazon, Business, West Coast, Lawyers, Employees, West Coast Trial, AP, United, Zambrano , West, California's Kern County Superior Court, Superior Court, California's Riverside County Superior Court, California's Sacramento County Superior Court Locations: California, Amazon, New York, Zambrano ,, California's Kern County, California's Fresno, California's Riverside County, California's Sacramento County

☆ Kayne West's sampling of icons like Donna Summer and Ozzy Osbourne is a 'clear-cut' case of copyright infringement, legal experts say
▼ + stars: | 2024-02-18 | by ( Hannah Getahun | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

Though Ozzy Osbourne left Black Sabbath in 1979, his wife, Sharon Osbourne, told Billboard any songs the band wrote — Osbourne, Tony Iommi, Geezer Butler, and Bill Ward — require the approval of all four members to license. Regardless of the social media feud, legal experts say if true, the unauthorized use of the samples would be a “clear-cut” case of copyright infringement. He didn't dispute it,” entertainment attorney Donald M. Woodard of Carter and Woodard told Business Insider. AdvertisementOsbourne's recent objection to West's sample would be considered a new copyright claim, as the license for use does not permit West to sample the song in perpetuity. In 2022, Chicago artist Marshall Jefferson accused the rapper of using his song “Move Your Body” in the West song “Flowers” without permission.

Persons: —, Ty Dolla, West —, Ye —, Ozzy Osbourne, Donna Summer, West …, Donna Summer's, …, Osbourne, West swiped, Ye, Kanye, Hitler West, he'd, Instagram, Alex Jones, Hitler, Sharon Osbourne, — Osbourne, Tony Iommi, Geezer Butler, Bill Ward —, Rolling Stone, FUGA, Tyrone William Griffin Jr, — hasn't, Sharon, Bianca Censori —, Ozzy, who's, I've, Donald M, Woodard of Carter, Woodard, West, ” Woodard, “, Robert Freund, Freund, Marshall Jefferson, Griffin Organizations: Service, ign, Business, Billboard, West, iTunes, Apple Music, FUGA, Spotify, Amazon Music, Daily Mail, Kanye Locations: Chicago

☆ Analysis: Taylor Swift would win any popularity contest against MAGA
▼ + stars: | 2024-02-18 | by ( Harry Enten | ) edition.cnn.com time to read: +12 min

Taylor Swift performs at the Staples Center in Los Angeles in 2015. From Taylor Swift On her birthday in 2019, Swift shared this photo of herself as a child. From Taylor Swift A 13-year-old Swift sings the National Anthem before an NBA game in Philadelphia in 2002. John Mabangalo/Pool/Getty Images Swift performs during a sold-out show at New York's Madison Square Garden in 2009. Ethan Miller/Getty Images Swift performs onstage at the Staples Center in Los Angeles during her 1989 tour in 2015.

Persons: CNN — It’s, Donald Trump, Taylor Swift, Joe Biden’s, Swift, she’s, Trump, Oprah Winfrey, Michael Smerconish, Winfrey, Barack Obama, Obama, Hillary Clinton, Christopher Polk, Scott, Andrea Swift, Jesse D, Tim McGraw, Kevin Winter, John Mabangalo, Chad Batka, Bryan Bedder, Larry Busacca, Miley Cyrus, Lucas Till, Hannah Montana, Sam Emerson, Everett, Jonas, Frank Masi, Taylor, I'm, West, Beyonce, Jeff Kravitz, Lucy Nicholson, Christopher Morris, Josh Haner, Kevin Mazur, James Taylor, Charles Sykes, Matt Sayles, Mark J, Terrill, Invision, Jimmy Fallon, Douglas Gorenstein, Nicholas Harvey, Kanye West, Kim Kardashian, Laraine Newman, Bill Hader, Taran Killam, Kristen Wiig, Keenan Thompson, Fred Armisen, Kerry Washington, Betty White, Bradley Cooper, Dana Edelson, Andrea, Ethan Miller, Tim Boyles, Selena Gomez, Jordan Strauss, Mike Coppola, John Shearer, Andrew Lloyd Webber, Brandon Urie, Katy Perry, Republic Records Jack Antonoff, Aaron Dessner, Will Heath, Seth Wenig, Terence Rushin, Travis Kelce, Patrick Smith, propping, It’s, birther, There’s Organizations: CNN, Monmouth University, Marist College, Trump, Democratic, Biden, Staples Center, NBA, of Country, Garden, New York Times, New York's Rockefeller Center, Walt Disney Co, Kanye, Madison, MTV, NBC, ACM, Academy of Country, Getty, New York's Metropolitan Museum of Art, Universal Pictures, Coachella, Republic Records, New York University, Kansas City Chiefs, Chiefs, AFC, Super, Swift, Republicans, NFL, Republican Locations: America, Monmouth, Los Angeles, West Reading , Pennsylvania, Philadelphia, Las Vegas, New York, Auburn Hills , Michigan, Newark , New Jersey, Pennsylvania, Frankfurt, Germany, London, Arlington , Texas, Tampa, Chicago, Atlanta, United States, Hawaii

☆ Ye called out Taylor Swift's fans after they bought Beyonce's new single to keep him from the Billboard Hot 100 top spot
▼ + stars: | 2024-02-15 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Swift's fans reacted by buying Beyoncé's new single, "TEXAS HOLD 'EM." AdvertisementYe, formally known as Kanye West, is feuding with Taylor Swift's fans after he shared a post claiming he was Spotify's global top artist. "WHEN I SAID THAT I'M THE NEW JESUS BITCH I WASN'T EVEN THINKING ABOUT TAYLOR SWIFT. "ALSO, I'M SURE I'VE BEEN FAR MORE HELPFUL TO TAYLOR SWIFT'S CAREER THAN HARMFUL. TO ALL TAYLOR SWIFT FANS I AM NOT YOUR ENEMY UUUM IM NOT YOUR FRIEND EITHER THOUGH LOL," Ye added.

Persons: Ye, Taylor Swift, —, Taylor Swift's, Swift, Taylor, Swifties, TAYLOR SWIFT, Kim Kardashian, Scooter Braun, WE, TAYLOR, SWIFT, Tree Paine, Kardashian, Brandon Marshall's, Bianca Censori, Marshall, Brandon Marshall, Kanye Organizations: Service, Spotify, NFL, Kanye West Locations: TEXAS, Ye's, ife, IFE

☆ Apple Music Removes New Ye Album Amid Distributor Dispute
▼ + stars: | 2024-02-15 | by ( Ben Sisario | ) www.nytimes.com time to read: +1 min

Ye, the rapper, producer and provocateur formerly known as Kanye West, has what will likely be the No. 1 album on next week’s Billboard chart, with “Vultures 1.” But on Thursday, the LP disappeared from Apple Music, one of the world’s top streaming platforms. The reason was unclear, and Apple gave no explanation. But the removal came a few hours after an independent distribution outlet complained that its system had been used to release the music in violation of its service terms. It also remained unclear whether — and how soon — Ye’s album might return to Apple, perhaps through another distributor.

Persons: Ye, provocateur, —, Ty Dolla Organizations: “, Apple Music, Apple, Adidas

☆ Usher, Alicia Keys and Beyoncé made Super Bowl a night to remember for Dolce & Gabbana
▼ + stars: | 2024-02-12 | by ( Oscar Holland | ) edition.cnn.com time to read: +4 min

It was Dolce & Gabbana. Beyoncé pictured wearing a Dolce & Gabbana mini dress at Wynn Las Vegas before ahead of Sunday's Super Bowl. Comprising an organza cape and catsuit covered in — you guessed it — Swarovski crystals, her stunning red ensemble was one of the evening’s best looks. But then it was back to Usher, who appeared at Keys’ piano in a crystal-embroidered custom D&G vest. “Jermaine Dupri was actually the first person who introduced me to Dolce & Gabbana,” Usher told Vogue magazine in a behind-the-scenes video of his final wardrobe fitting.

Persons: Travis Kelce’s, Taylor, Stefano Gabbana, Gaga, baring, Beyoncé, Bey, Usher, Michael Jackson, Kevin Mazur, Alicia Keys, Keys, Virgil Abloh’s, “ Jermaine Dupri, ” Usher, ” Organizations: CNN, Kansas City Chiefs, Hollywood, Kanye, Gabbana, Wynn Las, Sunday's, Wynn, Verizon, Vogue Locations: Italian, Wynn Las Vegas

☆ Ozzy Osbourne calls out 'antisemite' Kanye West for sampling Black Sabbath song without permission: 'I want no association with this man'
▼ + stars: | 2024-02-10 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +1 min

Ozzy Osbourne has called out Ye for using an unauthorized Black Sabbath sample on a new song. On X, he wrote that he refused the rapper's sample request because he's an "ANTISEMITE." Ye, formerly known as Kanye West, debuted his new album with Ty Dolla $ign on Thursday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOzzy Osbourne has called out Ye, formerly known as Kanye West, for using a sample of his music without permission.

Persons: Ozzy Osbourne, Ye, West, Ty Dolla, — Organizations: Service, ign, Billboard, Business

☆ Old Hollywood Glamour at the Gap?
▼ + stars: | 2024-02-09 | by ( Ruth La Ferla | ) www.nytimes.com time to read: +1 min

On Monday Mr. Posen, 43, whose namesake brand ceased operations in 2019, was announced as the new creative director of Gap Inc. and the new chief creative officer of Old Navy. The designer known for pieces that evoke Golden Age Hollywood will “serve as cultural curator and creative partner,” Richard Dickson, the president and chief executive of Gap Inc., said in a news release. Nor is he the first star talent to be awarded a fancy title at Gap. Predecessors have included Patrick Robinson, who after a four-year stint was dismissed in 2011 and, more controversially, Ye, the rapper formerly known as Kanye West, whose Yeezy Gap partnership ended amid a scandal in 2022. And yet, the company still seems willing to bank on a “name” to help burnish its image.

Persons: Zac Posen, ” Richard Dickson, Posen’s, Patrick Robinson, Ye, West Organizations: Mr, Gap Inc, Old Navy, Target Locations: Posen

“What we’ve seen with the Taylor Swift tour is something that we’ve not really seen before,” said Richard Clarke, an analyst at investment firm Bernstein. Taylor Swift performs at the Staples Center in Los Angeles in 2015. From Taylor Swift On her birthday in 2019, Swift shared this photo of herself as a child. From Taylor Swift A 13-year-old Swift sings the National Anthem before an NBA game in Philadelphia in 2002. John Mabangalo/Pool/Getty Images Swift performs during a sold-out show at New York's Madison Square Garden in 2009.

Persons: Tokyo CNN —, Taylor, Travis Kelce, Taylor Swift, we’ve, ”, Richard Clarke, Bernstein, “ It’s, TikTok she’d, curating, Kane Ishiyone, Swift, –, Ishiyone, Richard A, Brooks, Clarke, “, that’s, Christopher Polk, Scott, Andrea Swift, Jesse D, Tim McGraw, Kevin Winter, John Mabangalo, Chad Batka, Bryan Bedder, Larry Busacca, Miley Cyrus, Lucas Till, Hannah Montana, Sam Emerson, Everett, Jonas, Frank Masi, I'm, West, Beyoncé, Jeff Kravitz, Lucy Nicholson, Christopher Morris, Josh Haner, Kevin Mazur, James Taylor, Charles Sykes, Matt Sayles, Mark J, Terrill, Invision, Jimmy Fallon, Douglas Gorenstein, Nicholas Harvey, Kanye West, Kim Kardashian, Laraine Newman, Bill Hader, Taran Killam, Kristen Wiig, Keenan Thompson, Fred Armisen, Kerry Washington, Betty White, Bradley Cooper, Dana Edelson, Andrea, Ethan Miller, Tim Boyles, Selena Gomez, Jordan Strauss, Mike Coppola, John Shearer, Andrew Lloyd Webber, Brandon Urie, Katy Perry, Republic Records Jack Antonoff, Aaron Dessner, Will Heath, Seth Wenig, Terence Rushin, David Eulitt, Mitsumasa Etou, Akazawa, haven’t, It’s, Michele Bullock Organizations: Tokyo CNN, People, Kansas City Chiefs, Taylor, Getty, Super Bowl, Chicago Bears, dateline, Vegas, Staples Center, NBA, of Country, Garden, New York Times, New York's Rockefeller Center, Walt Disney Co, Kanye, Madison, MTV, NBC, ACM, Academy of Country, New York's Metropolitan Museum of Art, Universal Pictures, Coachella, Republic Records, New York University, Arrowhead, Chiefs, NET, Tokyo City University, Fuji, Tokyo, Reserve Bank of Australia, Reuters Locations: Tokyo, Las Vegas, Philippines, Fukuoka, Japan, Germany, Austria, Netherlands, Shibuya, AFP, Asia, Washington, Las Vagas, Los Angeles, West Reading , Pennsylvania, Philadelphia, New York, Auburn Hills , Michigan, Newark , New Jersey, Pennsylvania, Frankfurt, London, Arlington , Texas, Tampa, Chicago, Atlanta, Kansas City , Missouri, Asia Pacific, Singapore, Australia, East Coast

☆ Some Fall Out of Vogue. She Jumped.
▼ + stars: | 2024-02-07 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

When Gabriella Karefa-Johnson, the fashion editor-personality who became famous as the first Black woman to style a Vogue cover (in 2021) and even more famous after she got into a social media brouhaha with Kanye West, was interviewing for her first big fashion job at Vogue, she ended up, not surprisingly, in front of Anna Wintour. Ms. Wintour asked Ms. Karefa-Johnson where she wanted to be in 10 years. Ms. Karefa-Johnson answered — as Ms. Wintour once had, when asked a similar question — editor in chief of Vogue. Almost exactly a decade later, Ms. Karefa-Johnson doesn’t necessarily want that any more. “I resigned as kind of a material action of solidarity and because it was just time for me to move on,” Ms. Karefa-Johnson, 32, said recently.

Persons: Gabriella Karefa, Johnson, Anna Wintour, Ms, Wintour, Karefa, —, Kamala Harris, Amanda Gorman, Margot Robbie, Barbie ”, Condé Nast, “ Organizations: Kanye, Vogue Locations: Israel, Gaza

Singer-songwriter Victoria Monét won best new artist at the 66th annual Grammy Awards. Monét, 34, won the category against Gracie Abrams, Fred Again.., Noah Kahan, Ice Spice, Jelly Roll, Coco Jones and The War and Treaty. And I feel like today, I’m sprouting.”Photos You Should See View All 45 ImagesThe best new artist award, which went to jazz artist Samara Joy last year, is one of the Grammys’ most-anticipated as it is often seen as a bellwether for future success. The award goes to an artist who releases, during that year’s eligibility period, the first recording that establishes their “public identity,” according to the Grammys. With seven nominations, Monét tied for the second-most this year, alongside Phoebe Bridgers and behind SZA.

Persons: Singer, Victoria Monét, Gracie Abrams, Fred Again, Noah Kahan, Roll, Coco Jones, —, Monét, ” “, ”, Samara Joy, Olivia Rodrigo, Megan Thee, Billie Eilish, Mariah Carey, Alicia Keys, John Legend, Amy Winehouse, Adele, Chance, Ariana Grande, Chloe x Halle, Phoebe Bridgers, Hazel, “, Ariana Grande’s, Mark Kennedy Organizations: Associated Press, The Associated Press, Hollywood, AP, Black Music, Coalition, Kanye Locations: Champagne, Dua Lipa

☆ Best ways to earn extra money while driving for Uber, from the 'Rideshare Queen'
▼ + stars: | 2024-02-02 | by ( Ananya Vahal | ) www.businessinsider.com time to read: +4 min

After about six months of driving, I set up a dashcam and started making content with my Uber passengers. I'm now known as "the Rideshare Queen" and make money through ads, sponsorships, and driving for Uber full time. AdvertisementHere are four of the best ways I earn higher tips driving for Uber in Atlanta. Sometimes airport riders book their Uber trips in advance, so I have guaranteed pickups for those days. Sports fans help me make good money and good contentSports fans usually help me create the most interesting content for my social media and are good tippers.

Persons: —, Deanna Dixon, It's, Uber, I'm, Ubering, I've Organizations: Service, Uber, Sunday Service Choir, Kanye, Business, Sports, Braves Locations: Atlanta, Los Angeles

☆ Adidas says it plans to sell its remaining Yeezy sneakers – and it doesn't want to make a loss
▼ + stars: | 2024-02-01 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Adidas says it plans to sell its remaining stocks of Yeezy sneakers worth nearly $300 million. "The company plans to sell the remaining Yeezy product at least at cost in 2024," Adidas said in a press release Wednesday. The German sportswear retailer had previously planned to write off roughly 300 million euros ($324 million) of Yeezy inventory. It now plans to sell around 268 million euros ($289 million) of its remaining stock. AdvertisementAdidas said that it had sold Yeezy stock worth 1.2 billion euros in 2022 and 750 million euros in 2023, the latter of which generated a preliminary operating profit of around 300 million euros.

Persons: Ye, —, Bjørn, George Floyd, Gulden Organizations: Adidas, Service, Kanye, Twitter, Defamation League, Keeta Floyd Institute for Social, Business, Argentine

☆ Adidas won't write off remaining Yeezy inventory, plans to sell ‘at least’ at cost
▼ + stars: | 2024-01-31 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Adidas announced on Wednesday that it won't write off the majority of its unsold Yeezy inventory and instead plans to sell the remaining shoes "at least" at the cost it paid for them, as the apparel retailer looks to recoup its losses. The company attributed the profit to its "better-than-expected operational business" during its fourth quarter and the decision to sell the majority of the remaining Yeezy inventory. Instead, the company plans to sell the remaining Yeezy product at least at cost in 2024," Adidas said in a news release. CEO Bjørn Gulden added: "Our consumer, retail and trade research has shown that we can sell this remaining inventory in 2024 for at least the cost price. It's not clear if Adidas will donate any portion of the remaining Yeezy sales.

Persons: Ye, Bjørn Gulden, George Floyd, It's Organizations: Adidas, Defamation League, Keeta Floyd Institute for Social, CNBC PRO Locations: Chicago

He spent years spreading the lie that Barack Obama, America’s first Black president, was ineligible to hold office. But as he seeks the presidency for a third time, Trump is aiming to win over an unlikely constituency: Black voters. Political Cartoons View All 253 ImagesFor Biden, the biggest risk isn’t a dramatic move among Black voters toward Trump. When he won the New Hampshire primary this week, Sen. Tim Scott, the chamber’s only Black Republican, stood prominently behind him. And in contrast to past Democratic efforts, the Biden campaign has opted for an early engagement strategy with core constituencies like Black voters.

Persons: — Donald Trump, Trump, Barack Obama, America’s, “, ” Trump, Joe Biden, Biden, —, they’re, ”, Chris LaCivita, “ That’s, ” Cornell Belcher, Obama, “ I’m, ” Belcher, I’ve, Nikki Haley’s, Kanye, Lil Wayne, Sen, Tim Scott, Scott, Trump . Biden, aren't, Ketanji Brown Jackson, Jaime Harrison, Donald Trump, ” Harrison, Kamala Harris, Harrison, ” ____ Matt Brown Organizations: WASHINGTON, New, Trump, Biden, Democratic, Black, Democratic Party’s, Democrats, Rhode, Republican, GOP, Trump ., Mother Emanuel AME Church, Supreme, Democratic Party, Democratic National Committee, Republican National Committee, Associated Press, AP Locations: New York, Africa, U.S, Atkinson , New Hampshire, Georgia, Pennsylvania, Michigan, India, New Hampshire, Charleston , South Carolina, America, South Carolina, Iowa, Black

☆ Robert Kraft is buying a Super Bowl ad to highlight the rise of antisemitism
▼ + stars: | 2024-01-25 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —A Super Bowl ad set to be shown during next month’s game will highlight the rise of antisemitism, with a 30-second spot from “Stand Up to Jewish Hate,” a campaign from the nonprofit organization founded by Robert Kraft, the billionaire businessman and owner of the New England Patriots. It’s the first time his Foundation to Combat Antisemitism (FCAS) is buying an ad during the “most visible platform,” which last year was watched by 113 million viewers and was the third most-watched television program of all time. According to FCAS research, 183 million posts on social media were related to antisemitism and Jewish culture in 2023 — a 330% increase from the prior year. The organization said Google searches for “Kill Jews” increased by 1,800% in the past three months. The Super Bowl airs on CBS on February 11, with ads costing a reported $7 million each.

Persons: ”, Robert Kraft, Kanye, FCAS, ” FCAS, Kraft Organizations: New, New York CNN, New England Patriots, Combat, “, CBS Locations: New York, Israel

☆ Black and Jewish Activists Have Allied for Decades. What Now?
▼ + stars: | 2024-01-18 | by ( Daniel Bergner | ) www.nytimes.com time to read: +5 min

The cover of that edition of S.N.C.C.’s newsletter called attention to police killings of Black men, with the headline: “Cops Run Wild. Where Will They Strike Next?” Black and Palestinian resistance to repression were bound together. The theology claims that an immense fraud has been perpetrated by Jews upon Black people. Yet in recent years, a new bond between Black and Jewish activists has emerged, catalyzed, in part, by the confluence of civil rights protests and attention to the Palestinian plight. The alliance is “growing and exciting,” Nyle Fort, a Black activist and assistant professor of African American and African diaspora studies at Columbia, told me.

Persons: Huey P, Newton, Louis Farrakhan, Satan ”, ”, Ye, “ I’m, Kyrie Irving, Jacob, Henry Ford, Mumia Abu, Jamal, Rather, Fort, Fort’s, “, ” Fort, Nehisi Coates, Coates, Abraham, zealots, Jim Crow, Morgan Bassichis Organizations: Black Panther Party, Black Power, Washington, ”, America, Columbia, West Bank, Dream, Israel, Fort, Jewish, Peace, Union Theological Seminary, Jewish Voice Locations: Black, Jersey City, Ferguson, United States, Palestinian, Israel, Washington, Manhattan, Aqsa, Jerusalem, Hebron

☆ The CEO Who Gave 60,000 Employees His Cellphone Number
▼ + stars: | 2024-01-13 | by ( Trefor Moss | ) www.wsj.com time to read: 1 min

HERZOGENAURACH, Germany—A former professional soccer player, Bjørn Gulden says that when he took over Adidas just over a year ago, it felt as if the German sports giant was losing by four goals at halftime. Morale was down after the collapse of its Yeezy collaboration with rapper Kanye West, who now goes by Ye, and employees complained about a lack of transparency.

Persons: Germany —, Bjørn Gulden, Kanye West, Ye Organizations: Adidas Locations: HERZOGENAURACH, Germany

☆ Adidas' CEO says he gave his cell number to 60,000 employees and was slammed with 200 messages a week, report says
▼ + stars: | 2024-01-13 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

The CEO of Adidas, Bjørn Gulden, gave his cell number to 60,000 of his employees. "Some people think I'm crazy," Gulden told The Wall Street Journal. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdidas' CEO Bjørn Gulden shared his cellphone number with 60,000 employees at a town hall meeting in an effort to boost transparency at the firm, The Wall Street Journal reported. This story is available exclusively to Business Insider subscribers.

Persons: Bjørn Gulden, Gulden, —, Kanye West Organizations: Adidas, Wall Street, Service, Street Journal, Business

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