The local service recommendation site Yelp benefitted in the fourth quarter from increased spending by home-service providers. Read More...
Bloomberg
Adidas’s New CEO Has a $1.3 Billion Pile of Unsold Yeezy Gear
(Bloomberg) — Adidas AG shares slumped after the German shoemaker warned that it’s sitting on a €1.2 billion ($1.3 billion) pile of unsold merchandise after terminating its lucrative branding deal with rapper Ye. Most Read from BloombergRussia Blames US for Nord Stream Blasts, Threatens ConsequencesCommodity Trader Trafigura Faces $577 Million Loss After Uncovering Nickel FraudChina Balloon Had Western-Made Parts With English Writing, Lawmakers ToldUS Makes Case That Chinese Balloon Was Part of
