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Transcripts For CNBC Closing Bell 20240712

Platform, facebook shares are plunges as the cash cow of an advertising machine takes a public hit dow is down 750 coming up on todays show, a recession unlike any weve seen before the imf shocking the Investment Community with a huge negative revision to the forecast we have an exclusive interview with the managing director of the imf. You do not want to miss that lets focus in on the big stories with 59 minutes left of trading. Mike santoli following the plunge phil lebeau tracking the fall in Airline Stocks the ceos meet at the white house today. And meg terrell has the surge in coronavirus cases and rethinking of the reopenings happening across the country lets start with you, mike, on the selloff. What are you seeing . Well, sarah remember back in february, march, almost every friday it seems like the market backed off. A little nervous what might come over the weekend it feels familiar with that today. In the context of what june is, a corrective phase its been training in a rang

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Kanye West Loses Billionaire Status After Adidas Terminates Deal

Kanye West Loses Billionaire Status After Adidas Terminates Deal
tmz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmz.com Daily Mail and Mail on Sunday newspapers.

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Adidas To Sell Leftover Yeezy Stock After Ending Deal With Kanye West

Adidas warned last week that failing to "repurpose" its unsold Yeezy stock will reduce its operational earnings by 500 million euros this year.

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Kanye West: Adidas Sued By Investors Over Yeezy Partnership

adidas has been sued by investors over their Yeezy Partnership with Kanye West. adidas was allegedly made aware the risky partnership with Ye in 2018.

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