At Iowa event, Trump plans to go after DeSantis over ethanol
Former President Donald Trump plans to headline his largest Iowa campaign event in nearly four months with a speech to thousands at an arena in the western part of the state
2023-07-07 12:08
Trump to be deposed Tuesday in Peter Strzok and Lisa Page lawsuit
Donald Trump is scheduled to be interviewed under oath in New York on Tuesday for a lawsuit related to his time as president and the termination of a Russia investigation-era FBI official.
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United Natural Foods Appoints Mario Maffie as Chief Information Officer
PROVIDENCE, R.I.--(BUSINESS WIRE)--Sep 7, 2023--
2023-09-07 19:00
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Judge temporarily exempts women with complicated pregnancies from Texas abortion ban
By Kanishka Singh (Reuters) -Women in Texas with complicated pregnancies are exempted from a state abortion ban under a temporary
2023-08-06 04:13
Earnix Appoints Erez Barak as Chief Technology Officer
TEL AVIV, Israel--(BUSINESS WIRE)--Sep 10, 2023--
2023-09-10 14:02
Adidas to sell Yeezy shoes and donate proceeds months after Kanye West split
After months wrestling over the fate of milions of unsold Yeezy shoes, Adidas has decided to sell a portion of its remaining inventory and donate the proceeds to chartitable organizations, CEO of the German sportbrand Bjørn Gulden said Thursday. Adidas cut ties with Ye, the rapper formerly known as Kanye West, in late October, following his antisemitic comments on social media and in interviews. As a result, the fate of 1.2 billion euros ($1.3 billion) worth of the unsold Yeezys, a lucrative sneaker line launched with Ye, was unknown. At Adidas' annual shareholders meeting, Gulden said the company had spent months trying to find solutions. The CEO also added that Adidas spoke to NGOs and organizations that were harmed by Ye's comments and actions. “Burning those shoes cannot be the solution,” Gulden said, noting that Adidas was going to try to sell part of the remaining Yeezy inventory and “donate money to the organizations that help us and were harmed by what Ye said.” Exact details of this plan — including how many shoes will be sold and the timeline of selling them — remain unknown. Gulden said the company will provide updates as they moves forward. The move comes as Adidas is trying to stage a comeback and move beyond the Yeezy partnership. Cutting ties with Ye has cost Adidas hundreds of millions of dollars — with the company taking a loss of 600 million euros ($655 million) in sales for the last three months of 2022, helping drive the company to a quarterly net loss of 513 million euros. Adidas reported 400 million euros ($441 million) in lost sales at the start of 2023, the company announced last week. Net sales declined 1% in the first quarter, to 5.27 billion euros, and would have risen 9% with the Yeezy line, the company said. It reported a net loss of 24 million euros, a plunge from a profit of 310 million euros in the same period a year ago. Operating profit, which excludes some items like taxes, was down to 60 million euros from 437 million euros a year earlier. Meanwhile, Adidas is also facing a class-action lawsuit from investors who allege the company knew about offensive remarks and harmful behavior from Ye, years before terminating its pact with him. Adidas has pushed back on the allegations made in the lawsuit. Still, Gulden reminded investors that the nine-year partnership Adidas and Ye was “sensational." While he noted that Ye is a difficult person, “he's the most creative person in our industry,” Gulden said. “He created a model with Adidas that was sought after around the world.” But he added, “We lost that in a month." _________ AP Business Writer David McHugh in Frankfurt, Germany, and AP Retail Writer Anne D'Innocenzio in New York contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Adidas breakup with rapper Ye, lost Yeezy sales hit earnings Putin’s spokesman threatens ‘adequate response’ over UK missile pledge – live Boost for Erdogan rival as struggling candidate quits Turkish election race
1970-01-01 08:00
FIFA 23 Pre-Season Rewards Week 3: Full List of Packs and Objectives
FIFA 23 Pre-Season Rewards for Week 3 detailed including what objectives players must complete and the packs they'll get back.
1970-01-01 08:00
Scientists have discovered two giant mystery structures lurking under Africa
Many of us look to the stars for answers to life’s most complex questions. But actually, some of the greatest mysteries lie beneath our very feet. One might think we’d know the Earth pretty well by now but, in fact, our planet’s core remains shrouded in enigma. Indeed, there are two gigantic blobs located beneath Africa and the Pacific Ocean that occupy around six per cent of the world’s entire volume. And yet, we’re still not entirely sure what they’re made of or where they came from. There are a number of hypotheses, including that they are piles of oceanic crust that have accumulated over billions of years. Sign up for our free Indy100 weekly newsletter But a more interesting theory is that they are huge chunks of an ancient planet that hit the Earth around 4.5 billion years ago. To give an indication of just how massive these things are, the structure under Africa – an area known as Tuzo – is thought to be around 800km (497 miles) tall – the equivalent of some 90 Mount Everests stacked on top of one another, as IFLScience notes. The problem with determining the origin of these monster formations is that there are no direct ways of observing the Earth’s core. The deepest hole humans have ever dug – branded the "entrance to hell" – reached a pretty staggering 12,263m (40,230ft), but that doesn’t even come close to breaking through the crust to the layers beneath. Our most effective tool for analysing what lies beneath the ground is a technique called seismic tomography, which looks at how waves of energy travel when earthquakes occur. Since rocks and liquids have different densities, the waves move through them at different speeds. By measuring the tremors from different points on the surface, geologists can determine what kind of material the waves are travelling through and, in so doing, map out the Earth’s interior. It was by using this technique that the two unusual structures – known as large low shear velocity provinces (LLSVPs) – were found. Waves travel more slowly in these areas – fondly known as “blobs” – than through the surrounding lower mantle, indicating that they’re made of something different. We can’t tell what this material is based on seismic tomography data alone, but some scientists like to believe that they are the remnants of an ancient planet called Theia – an idea known as the “giant impact hypothesis”. According to this hypothesis, around 4.5 billion years ago, a Mars-sized object collided with the Earth. This impact not only created the planet we call home today, but also threw off enough rock to form the moon that lights up our night skies. Some scientists suggest that some of Theia’s leftovers also sunk to the bottom of the planet, probably settling somewhere above the core – thereby forming at least one of the two LLSVPs. More Updates About Strange Blob Structures Inside Planet Earth youtu.be Experts have been investigating the area for decades but there’s still no way of knowing for sure just what these two giant blobs are. Still, studies into Theia have offered important insights into how the possible collision might have kickstarted key plate tectonic and mantle motion inside our planet – crucial processes for establishing the world on which we live. It’s also a useful reminder that we still have so much to learn about our planet and where we came from. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-10-17 14:47
Chiefs' Chris Jones continues holdout as preseason opener in New Orleans approaches
Time is getting short for defensive tackle Chris Jones and the Kansas City Chiefs
2023-08-08 03:14
The moments from Trump's CNN town hall you don't want to miss
In a CNN town hall moderated by Kaitlin Collins, former President Donald Trump took questions from Republican and undeclared New Hampshire voters with his sights set on the 2024 GOP presidential primary.
1970-01-01 08:00
Here's when 'Welcome To Plathville' Season 5 Episode 3 drops: Ethan Plath feels stuck amid family's rift with wife Olivia Plath
Ethan Plath hopes time will work wonders since he is frustrated by the rift between Olivia and his family
2023-09-13 11:00
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