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Adidas Implements Hiring Freeze, But No Layoffs, Amid Split With Kanye

Adidas Implements Hiring Freeze, But No Layoffs, Amid Split With Kanye

Share to FacebookShare to TwitterShare to Linkedin  Illustration by Forbes; Photos by Jeremy Moeller/Getty Images; Jonathan Knowles/Getty Images Adidas has initiated a hiring freeze but suggested it does not plan to conduct layoffs after it cut ties with hip-hop mogul Ye, forfeiting a multibillion-dollar business that had become increasingly problematic in recent weeks. “This is…

Trump was seen as someone who couldn’t properly spell ‘Middle East,’ according to the former president’s advisor and billionaire friend

Trump was seen as someone who couldn’t properly spell ‘Middle East,’ according to the former president’s advisor and billionaire friend

Former President Donald Trump’s former advisor and billionaire friend revealed that some of his clients at his private equity real estate firm mocked the former president’s intelligence.In a risky move, Tom Barrack, founder of Colony Capital, took the stand on Monday for his own criminal trial. The billionaire is being charged with illegally lobbying the…

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Elon Musk May Own Twitter in Three Days

The suspense remains intact even if everything suggests that Elon Musk, the richest man in the world will become the owner of the social network Twitter  (TWTR)  before Halloween. But it’s possible there will be a final twist in this saga, which has lasted for 6 months. Delaware Chancellor Kathaleen McCormick has given the billionaire until…

Rishi Sunak faces huge task as he becomes UK prime minister

Rishi Sunak faces huge task as he becomes UK prime minister

2/2 © Reuters. New leader of the Britain’s Conservative Party Rishi Sunak walks outside the Conservative Campaign Headquarters, in London, Britain October 24, 2022. REUTERS/Hannah McKay 2/2   GS +0.13% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price…

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How China Is Guiding Monday’s Trading

Watch TheStreet’s Market Open:More on Today’s Topics:Stock Market Today: Stocks Higher on Fed Rate ‘Pivot’ Hopes; China Slumps As Xi Consolidates PowerChina Tech Stocks Crushed As Xi Secures 3rd Term, Likely Extending CrackdownTesla Stock Slides As Surprise China Price Cut Raises Demand QuestionsTheStreet is live every weekday at 9:30 a.m. ET. Join us for the…