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Adidas, Major League Soccer renew deal

Major League Soccer and sportwear giant Adidas agreed to a multiyear extension of their partnership. The deal, announced days before MLS kicks off its 28th season, goes through 2030 and is valued at $830 million, according to a person involved in the deal. It represents Adidas’ largest-ever investment in North …

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Starbucks launches olive oil-infused coffee, plans U.S. debut

Starbucks initial Oleato launch will launch three olive oil-infused drinks in stores across Italy. Source: Starbucks Starbucks has a new way to customize its coffee: olive oil. The coffee giant will launch its “Oleato” line in its roughly two dozen Italian locations on Wednesday and plans to bring it to …

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Safe to return to East Palestine, Ohio

Ron Fodo, Ohio EPA Emergency Response, looks for signs of fish and also agitates the water in Leslie Run creek to check for chemicals that have settled at the bottom following a train derailment that is causing environmental concerns on February 20, 2023 in East Palestine, Ohio. Michael Swensen | …

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Walmart, Home Depot prepare for consumer slowdown

If you want to know how this year may be for the retail industry, look no further than Walmart‘s cautious outlook. The discounter easily topped expectations for the holiday quarter on Tuesday, but it gave a weaker-than-expected outlook for the year ahead. Home Depot issued similar guidance. The home improvement …

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Layoffs spread, but some employers can’t hire fast enough

A sign for hire is posted on the window of a Chipotle restaurant in New York, April 29, 2022. Shannon Stapleton | Reuters Job cuts are rising at some of the biggest U.S. companies, but others are still scrambling to hire workers, the result of wild swings in consumer priorities …

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Walmart, Home Depot kick off retail earnings this week

Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. Victor J. Blue | Bloomberg | Getty Images After benefitting from a pandemic-era shopping spree, retailers are preparing for a reality check. Walmart and Home Depot will kick off retail earnings …

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Can Southwest fix its tech problems? Aviation experts aren’t confident

Genaro Molina | Los Angeles Times | Getty Images Will the majority of travelers forgive Southwest Airlines and start buying tickets on the major U.S. air carrier again? To answer the question, it helps to have a deep knowledge in commercial aviation information technology operations, which safe to say, is …

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Here’s how to lower your tax bill after selling a profitable home

Despite the cooling market, many homeowners made money selling their property in 2022 — and part of that windfall may be taxable. Home sellers made a $112,000 profit on the typical sale in 2022, a 21% increase from 2021, and a 78% jump from two years ago, according to ATTOM, …

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AutoNation stock hits all-time high after solid earnings

Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images A solid fourth-quarter earnings report from AutoNation on Friday propelled the car dealer’s stock to a new all-time high and its best day in nearly three years. The …

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Taxpayers can now respond to 9 IRS notices online

Hoxton/Sam Edwards | Getty Images After kicking off tax season with customer service and technology upgrades, the IRS this week unveiled a new option allowing taxpayers to respond more easily to certain agency notices.  The new feature lets taxpayers and professionals respond to nine notices online by digitally uploading requested …

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