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Adidas to Release Second Batch of Unsold Yeezy Shoes
The sportswear company is disentangling itself from Kanye West. Source link
American Workers Are Finally Taking Guilt-Free Vacations
Updated July 28, 2023 12:01 am ET Listen to article (2 minutes) There’s a big reason airports and resorts are booked up this summer: Americans
As Publishers Seek AI Payments, AP Gets a First-Mover Safeguard
The Associated Press’s pact with OpenAI gives it the right to reset terms if another publisher gets a better deal. Source link
Inside Walmart's Warehouse of the Future
Robots handle many functions at a Florida facility, from unloading trucks and scanning boxes to building and shrink-wrapping pallets for delivery. Source link
Biogen to Buy Reata in $7.3 Billion Deal
The deal would bolster the biotech company’s portfolio of treatments for neuromuscular and rare diseases. Source link
P&G Earnings Show Its Pricing Power Endures
Consumers were still paying more for premium brands including Tide, boosting quarterly sales even as volumes dropped. Source link
Exxon and Chevron Stalk More Shale Deals as Profits Dip
The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping for potential acquisitions. Source link
$2 Billion Default Followed Warnings to Everyone but Investors
Beneficient executives and board directors headed for the exits over signs of trouble—long before a financial blowup that is now under investigation by the SEC
Facebook Bowed to White House Pressure, Removed Covid Posts
Internal Meta emails say pressure from Washington was behind a decision to take down posts attributing the pandemic to a man-made virus. Source link
Gucci-Owner Kering Buys Stake in Valentino
The deal is part of a return to big-ticket transactions for the French luxury conglomerate, after an agreement to purchase cologne-maker Creed. Source link