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Stocks plunge on worries about interest rate increase
Wall Street's long-running bull market got a jolt Thursday from investors increasingly worried that the improving economy will push policymakers to raise interest rates sooner than expected. Stocks have been tumbling this week, and Thursday's 317-point drop in the Dow Jones industrial average left July in the red and wiped out what was left of its gains for the year. The Dow's 1.9% decline Thursday to 16,563.30 was eclipsed by the broader Standard & Poor's 500 index, which fell 2% to 1,930.67, and the tech-oriented Nasdaq composite, which lost 2.1% to 4,369.77. Traders also feared that several years of low market volatility could be coming to a close and fretted...
Related "Adidas AG" Articles
Stocks plunge on worries about interest rate increase
Wall Street's long-running bull market got a jolt Thursday from investors increasingly worried that the improving economy will push policymakers to raise interest rates sooner than expected.
Stocks have been tumbling this week, and Thursday's 317-point...
Boys' basketball: Adidas Nations tournament comes to Garden Grove and Long Beach
Rosters were announced on Friday for the Adidas Nations tournament, featuring top high school basketball players from around the world that will be competing at the Next Level Sports Complex in Garden Grove and at Long Beach City College, where the...
IMF chief is target of French corruption investigation
Christine Lagarde, the chief of the International Monetary Fund, was placed under official investigation Wednesday in connection with a French corruption probe that dates back to her days as France's finance minister.
In a statement after a fourth...
Legislature mulls curbs on use of aerial drones by paparazzi
When singer Miley Cyrus recently spotted a mysterious drone hovering over her Los Angeles home, she posted video of the aerial intruder on Instagram, complaining that it appeared to be a new tactic by the paparazzi.
The incident, in which Cyrus was...
Boys' basketball: Lonzo Ball in championship game of Adidas Nations
Future UCLA point guard Lonzo Ball of Chino Hills will be playing in the championship game of the Adidas Nations tournament on Monday at 6 p.m. at Long Beach City College on ESPNU.
Team Lillard will play Team Wall in the final. Making major contributions...
Kristen Stewart, Anne Hathaway, Brie Larson don drag for music video
Kristen Stewart, Anne Hathaway and Brie Larson are now in the music video business and make some pretty stellar (and kind of creepy) drag kings.
The "Twilight" alum, 24, "Les Misérables" star, 31, and "Community"...
Michael Jordan earned more in 2013 than nearly any active athlete
Michael Jordan played in his last NBA game more than a decade ago, but that doesn't mean his earning power has waned at all.
According to Forbes, Jordan was the highest paid retired athlete in 2013, earning an estimated $90 million. Among current...
Uruguay's Luis Suarez could be suspended for bite by FIFA on Thursday
Luis Suarez could be hit with a harsh suspension Thursday when FIFA announces the findings of its investigation into charges the Uruguay striker bit Italian defender Giorgio Chiellini on the left shoulder during Tuesday's World Cup game in Natal.
Moments...
U.S. men's soccer team arrives in Brazil
The U.S. team arrived in Sao Paulo on Monday, a week ahead of its World Cup opener with Ghana, and got right to work.
A police escort that included a helicopter hovering overhead guided the team on the morning trip from the airport to its downtown hotel....
World Cup: The 10 best teams of all time
The World Cup has been held 19 times in 16 nations on five continents. And eight countries have won soccer's ultimate prize, five of them more than once. But those numbers can't answer one question: which teams were the best? Here's one man's list of...
European soccer teams land lucrative sponsorship deals
The 10-year, $1.3-billion uniform deal Manchester United signed with Adidas last week is the most lucrative shirt sponsorship in soccer history. Add in the seven-year $560-million jersey deal United has with Chevrolet and, beginning next season, the...
Manchester United uniform is pricey real estate, as Chevrolet knows
Chevrolet was once as American as baseball, hot dogs and John Cougar Mellencamp. Which was fine when it sold the majority of its cars and trucks in the U.S.
But two years ago more than 60% of its sales were overseas. And baseball, it turned out, wasn't...
Roundup: CIA writing manuals, Instagram TV and alien phone chargers
I'm officially out this week (enjoying the sauna that is New York), but there's always time for a roundup. And it's got all kinds of weirdness, from a CIA writing manual to the attempt to save a brutalist building by Paul Rudolph to stories about...
NBA asks sponsors to return to Clippers after Sterling lifetime ban
NBA Commissioner Adam Silver urged Clippers sponsors to return to backing the team after the league fined owner Donald Sterling $2.5 million and banned him from associating with either the Clippers or the NBA for life.
“Those marketing partners of the...
Ten of the most memorable moments in World Cup history
When Bosnia-Herzegovina makes its World Cup debut next month, it will become the 77th nation to participate in soccer's biggest tournament. And although only eight countries have won it, several more have left their mark by knocking off the favorites....
New NBA 'We Are One' T-shirts to benefit tolerance groups
The National Basketball Assn. announced Sunday that it will be rolling out a line of merchandise emblazoned with the "We Are One" slogan that became a rallying cry for the Los Angeles Clippers franchise and its fans in the wake of the Donald...
Victoria's Secret show moves to London; Angels invite Prince Harry
Angels Adriana Lima and Candice Swanepoel helped break the news at a press conference on Tuesday that the annual Victoria's Secret Fashion Show is moving to London. And Lima is hoping Prince Harry and Elton John will be in the audience. [The Cut]
Adidas...
Gap to partner with Kate Spade, Jack Spade on kids collection
Is the world ready for kid-sized Kate Spade cardigans and jaunty Jack Spade jackets for Junior?
We're not sure those particular pieces will be in the merchandise mix when the GapKids collaboration with the Kate Spade New York and Jack Spade...
College runners take the latest in shoe technology out for a spin
Can your footwear speed you up? We gave four new running shoes, each touting an impressive design technology, to four college runners. One shoe was super-flexible, one super-bouncy, another super-flat and another super-light. The verdict: Set your...
Coachella festival's fashion influence is everywhere
Is Coachella the biggest gift to the fashion industry since Kate Middleton?
It certainly seems like it from the marketing blitz that has blown up around the Coachella Valley Music and Arts Festival, which wraps up a two-weekend run Sunday in Indio.
We...
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