The Biden administration on Friday proposed modest increases to fuel efficiency standards for the vehicles most Americans drive. The proposal fits alongside the administration's push for increasing the share of electric vehicles on the roads.

Monday's football transfer rumours include Kylian Mbappe, Ollie Watkins, Andre Trindade, Florian Wirtz, Lucas Paqueta, Jonathan David & more.

LONDON--(BUSINESS WIRE)--Aug 30, 2023--

Nearly seven months on from Adidas parting ways with rapper Kanye West, and the sportswear brand reportedly still has $1.3 billion of unsold Yeezy stock in its warehouses. The decision from Adidas to split from West - otherwise known as Ye - came back in October last year came after the 45-year-old made antisemitic remarks both in interviews and online. But now, Adidas has to decide what to do with the remaining stock of the popular shoe as the company attempts to turn its fortune around after it abruptly ended its partnership with West and his Yeezy brand, with 400 million euros ($441 million) in lost sales at the start of the year. Sign up to our free Indy100 weekly newsletter Though Adidas is "getting closer and closer to making a decision" on what to do with the sneakers and the “options are narrowing,” new CEO Bjorn Gulden said, as per Associated Press. He became in charge back in January this year, three months after Adidas terminated it's partnership with Ye. However, a decision has not yet been reached due to "so many interested parties," he added. Gulden did not confirm whether the option to destroy the shoes had been ruled out but noted that this is something it is the company is "trying to avoid." Meanwhile other options have their own downsides, since selling the shoes would mean Ye would need to be paid royalties, removing brand identification would be dishonest. Giving the shoes away for free sounds like a nice idea in theory but this could cause them to be resold at a higher market price. Gulden is also remaining tight-lipped on the exact quantity of stock that is left since he believes if consumer are aware of this number it "could have an impact on demand," as per AP. The CEO admitted losing Yeezy is "of course hurting us" and if Adidas decides not to sell the remaining shoes, it could reduce earnings by 500 million euros this year. Net sales declined 1 per cent in the first quarter, to 5.27 billion euros, and would have risen per cent with the Yeezy line, the company said. As a whole, Gulden described 2023 as a "a year of transition" with "a better ’24 and a good ’25" as the German sportswear business continues without the Yeezy brand. Elsewhere, Adidas found itself being sued by investors last week who allege the company knew about Ye’s offensive remarks and harmful behaviour years before the termination and failed to take precautionary measures to limit financial losses. 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.

It appears an Apex Legends player has discovered perhaps one of the most broken ranked situations in the battle royale genre at the moment.

On Thursday, the Nashville Songwriters Hall of Fame announced that Keith Urban was among its class of 2023 inductees

A top Pakistani provincial official says rescuers in boats have evacuated 14,000 people over the past several days after floodwaters from two rivers swollen by monsoon rains inundated dozens of villages in eastern Punjab province

NEW DELHI The Group of 20 nations has agreed to work on reforms to the World Trade Organization

Newcastle United claimed a stunning 4-1 win over Paris Saint-Germain on Wednesday in their first Champions League match at St James' Park in 20 years, while holders Manchester City scored two late goals...

The Yankees lost another pitiful game in part due to Gleyber Torres' errors. The most head-scratching part? Manager Aaron Boone was quick to defend Torres after the defeat.On Sunday, the New York Yankees suffered yet another demoralizing loss, this time against the Chicago Cubs. In the seri...

The start of the women’s 5,000-meter heats will be moved from the morning session Wednesday into the evening because of excessive heat at the track and field world championships in Budapest, Hungary

Olivia Dunne, who made her SI Swimsuit debut in the 2023 edition, expressed her desire for people to take away a powerful message from her photos