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

Stock market news live updates: Tech underperforms as Nasdaq, stock futures fall

U.S. stock futures edge lower ahead of the open on Friday, with Mega cap tech stocks underperforming in premarket trading, potentially closing out the week on a slightly downbeat note.

Newell Brands CEO Ravi Saligram is retiring

New leadership atop a household name brand.

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