Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
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Gap’s shares fell as much as 7.4 percent on Monday after Kanye West threatened to kill its fledgling association with its Yeezy brand unless it was given a place on the company’s board. The rapper-turned-politician issued an ultimatum similar to sportswear giant Adidas, which produces his brand’s coveted sneakers, in …
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Adidas’ global head of human resources will retire immediately after American workers at the German sportswear company have demanded his departure over comments allegedly insensitive to race. Karen Parkin told the company’s board of directors on Tuesday that she will be leaving so someone else can “create a more diverse …
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