Stock market news live updates: Stocks fall, S&P 500 on track for worst week of year

U.S. stocks fell Friday morning as the indexes are on track to end the week on a downbeat note.

Adidas could lose up to $750 million this year from a Yeezy write-off

Adidas's decision to end its deal with Ye could see the company report its first annual loss in over 30 years in 2023 as it writes down the value of its Yeezy inventory.

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  Adidas slumps as Kanye split triggers new profit warning

  Reuters
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  Adidas Warns of Losses Stemming From Yeezy Fallout

  The Wall Street Journal

Newell Brands CEO Ravi Saligram is retiring

New leadership atop a household name brand.

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  Newell Brands CEO Saligram to retire; forecasts 2023 results below estimates

  Reuters
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  Newell Brands names new CEO as Ravi Saligram retires

  American City Business Journals

As investors cheer 'disinflation,' Jamie Dimon says not so fast: Morning Brief

What to know in markets on Friday, February 10, 2023.

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  JPMorgan’s Dimon Says Fed May Hike Above 5%, Reuters Reports

  Bloomberg
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  Jamie Dimon warns it's too early to declare victory against inflation

  Fox Business