List of All Articles with Tag 'le'

Spanish police have arrested 26 people in recent months for an alleged scheme to use water from illegal wells to grow subtropical fruit, as the country grapples with damaging heat and drought.

Prosecutors are seeking to portray as racist a U.S. Army sergeant who fatally shot an armed man during a Black Lives Matter protest demonstration in Texas, saying he was was hostile toward social justice causes and looking for trouble before the encounter

The late pop superstar Prince is being honored in Minnesota as the state renames a stretch of highway after him

Supporters of Turkish President Recep Tayyip Erdogan in Germany have been trying to intimidate voters ahead of the country's crunch election, politicians...

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.

Republican House Speaker Kevin McCarthy rejected the possibility of a short-term debt-limit extension hours ahead of a meeting

A large share of independents don’t support President Joe Biden across multiple polls as he launches his 2024 re-election campaign. Interactive Polls tweeted out four surveys that showed Mr Biden has a net negative 29 per cent approval rating. A survey from The Washington Post and ABC News showed that in a rematch against former president Donald Trump, 42 per cent of independents said they would back Mr Trump compared with 34 per cent who said they would support Mr Biden. In addition, 30 per cent of independents approve of the job Mr Biden is doing compared to 60 per cent who disapprove. By comparison, Mr Biden beat Mr Trump with the group by nine points in 2020, according to the Pew Research Centre. Mr Biden also lags in other polls among independent voters. A The Economist/YouGov poll found that 33 per cent of independent voters approve of Mr Biden. Meanwhile, a Civiqs poll found that 29 per cent of independent voters approve of him compared to 58 per cent who disapprove of Mr Biden. An Investors Business Daily/TIPP found that 27 per cent of independent voters approve of Mr Biden’s job performance while 63 per cent disapprove. The numbers come as Mr Biden announced his re-election campaign last month, aiming to create a contrast between himself and Mr Trump as well as “MAGA Republicans” who want to restrict abortion and ban books. But Mr Biden faces significant headwinds as he faces re-election. The Post/ABC poll found that 44 per cent of people polled said they would vote for Mr Trump and only 38 per cent said they would vote for Mr Biden. Similarly, 42 per cent said they would vote for Florida Governor Ron DeSantis while 37 per cent said they would back Mr Biden. Read More Biden trails Trump in brutal new poll Two days, three attacks, 18 dead: Texas reels from weekend of horror

The Eurovision Song Contest is returning to the U.K. for the first time in 25 years, but its heart will be in Ukraine

A Wisconsin judge has ruled that the state’s bipartisan elections commission must disregard its earlier ruling rejecting a complaint filed against fake presidential electors when it rehears the case

Robert De Niro hasn't revealed who the mother of the child is, but his girlfriend Tiffany Cheng was seen sporting a baby bump in March

It's been five years since Meek Mill was released from prison after a sentence for a probation violation that sparked controversy and spurred the #FreeMeekMill movement.

President Vladimir Putin on Tuesday vowed Russia would be victorious in Ukraine during a military parade on Red Square and blamed Western countries for the conflict, comparing the...