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SANTA FE, N.M. (AP) — Amid the misery of the Great Depression, Rupert Lopez gratefully worked for $1 a day for the Civilian Conservation Corps, making adobe-block walls for a new regional National Park Service administration building in Santa Fe, New Mexico.
Adidas doubled down on its business ties with rap star Kanye West, announcing a new line of footwear and accessories to be sold in dedicated shops. The Germany-based athletic wear giant said merchandise under the newly launched adidas + KANYE WEST label is an expansion of its existing YEEZY brand. "With adidas + KANYE WEST we are exploring new territories by opening up the sports world to Kanye's creativity," said Eric Liedtke, Adidas's chief managing officer, in a statement.
A top Singapore bank said Thursday it has suspended loans to anyone wanting to buy property in London, citing uncertainty from Britain's vote to quit the EU but dealing a blow to investors looking to make the most of the weak pound. "We will temporarily stop receiving foreign property loan applications for London properties," it said in a statement. "As the aftermath of the UK referendum is still unfolding and given the uncertainties, we need to ensure our customers are cautious with their London property investments," it added.