Adidas to donate Yeezy proceeds to Anti-Defamation League and other NGOs
FRANKFURT (Reuters) -Adidas will start selling some of the shoes from its defunct Yeezy partnership with rapper Kanye West at…
Business
American Airlines pilots to get 21% pay raise this year in tentative contract -sources
CHICAGO (Reuters) – Pilots at American Airlines will get a 21% pay raise this year as part of a new…
Foot Locker slumps as weak demand, heavy discounts drive annual outlook cut
By Deborah Mary Sophia (Reuters) -Foot Locker Inc’s shares closed down 27% on Friday as the footwear retailer cut its…
Russia and Cuba ink deals to revitalize communist-run island’s ailing economy
By Nelson Acosta and Dave Sherwood HAVANA (Reuters) – Russian officials and business leaders have signed multiple deals with Cuban…
Oil slips as debt talks pause, Fed warns of high inflation
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell on Friday, as investors worried that U.S. politicians will fail to agree…
US regional bank stocks fall after Yellen says more bank mergers necessary
By Chibuike Oguh NEW YORK (Reuters) -Shares of U.S. regional lenders fell on Friday after CNN reported that U.S. Treasury…
US bank deposits and credit slip in latest week, Fed data shows
(Reuters) – Deposits at all U.S. commercial banks slipped last week and overall credit provided by banks edged lower as…
Tesla offering discounts of over $1,300 on some U.S. Model 3 cars-website
By Hyunjoo Jin San Francisco (Reuters) – Tesla is offering discounts of more than $1,300 on some Model 3 cars…
Instant view: Morgan Stanley CEO Gorman plans to step down
NEW YORK (Reuters) – Morgan Stanley CEO James Gorman told shareholders Friday that the company will likely appoint its next…
Morgan Stanley CEO Gorman to hand reins to successor within a year
By Tatiana Bautzer, Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Morgan Stanley’s James Gorman plans to step down…