Kanye West done working with Adidas and Gap, plans to 'go it alone'
Sep 13, 2022 23:43 pm UTC| Life Economy Business Sports
Kanye West wants to operate his Yeezy brand separate from Adidas and Gap after his contracts with the two companies expire. West called Adidas and Gap his baby mamas who co-parent his designs for now. But now, he...
Goldman Sachs to layoff workers this month
Sep 13, 2022 10:46 am UTC| Business Economy
Goldman Sachs Group Inc. is preparing for job cuts, and it is reportedly happening this month. The New York-headquartered Investment banking company was forced to lay off workers due to a slowdown in deals and shaky...
Peloton confirms the departure of its key executives in major management shake-up
Sep 13, 2022 09:59 am UTC| Business Economy
Peloton is currently going through a major management shakeup and announced the departure of its co-founders, John Foley and Hisao Kushi. The former is also serving as the companys chairman. Pelotons broad executive...
JPMorgan Chase agreed to acquire Renovite fintech
Sep 13, 2022 08:57 am UTC| Business Economy
JPMorgan Chase acquired Renovite payment fintech startup to rival Stripe and Block, and other fintech companies. The deal was also made to repel threats from its competitors. JPMorgan Chase is one of the major firms in...
Disney chief rejects calls to spin off ESPN, Daniel Loeb backs off
Sep 13, 2022 08:17 am UTC| Business Economy
Walt Disney chief executive officer Bob Chapek rejected the calls of investors to spin off its sports cable channel, ESPN. The call has been spearheaded by billionaire and activist investor, Daniel Loeb. Chapek said...
HiteJinro, truck drivers reach an agreement to end long-running strike
Sep 13, 2022 07:47 am UTC| Business Economy
HiteJinro and its striking truck drivers have finally reached an agreement to resolve the conflict over working conditions. This development put an end to the strike that lasted for four months. The truckers who are...
Burger King announces $400M 'Reclaim the Flame' investment for sales recovery in the US
Sep 13, 2022 07:29 am UTC| Business Economy
Burger King reveals its plan for sales recovery in the United States. The fast-food giant is investing $400 million in fresh advertising, remodelling of its restaurants, enhancement of its app, and more. Burger King...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
The Mattei Plan: why Giorgia Meloni is looking to Africa
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight