Money

Adidas terminates partnership with artist formerly known as Kanye West

Published

2 years ago

October 25, 2022

Ahron Young

Adidas has ended its partnership with musician Ye following a series of offensive and antisemitic comments he made.

In a statement, Adidas said that it “does not tolerate antisemitism and any other sort of hate speech.”

The company went on to say that Ye’s recent comments and actions have been “unacceptable, hateful and dangerous” and that they violate the company’s values.

As a result, Adidas has decided to terminate the partnership immediately and stop all payments to Ye and his companies.

This isn’t the first time Ye has gotten himself into hot water with his comments. In 2018, he caused an uproar when he said that slavery was “a choice.”

He later backtracked on those comments, saying that he was misunderstood.

Ye has also been a vocal supporter of President Donald Trump, even going so far as to wear a MAGA hat during a Saturday Night Live performance. He later claimed that he was bullied backstage for his political views. Following the SNL performance, he took to Twitter to declare that he was “proud of myself.”

Money

Why the meme-stock frenzy is unlikely to repeat

Published

10 hours ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

14 hours ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

1 day ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending