A Partner of Chance the Rapper Wants to Shake-Up the Record Label Industry
Veteran record executive Steve Stoute, who's partnered on philanthropic endeavors with Chance the Rapper and Kevin Durant, has decided to remove the middleman between musicians and their fan base. He says his new company, UnitedMasters, will change the record label industry.
For full interview [click here](https://cheddar.com/videos/unitedmasters-and-steve-stoute-play-a-different-tune).
Adidas said it might have to write off the remaining 300 million euros ($320 million) worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West.
Ivanka Trump began testifying Wednesday in the civil fraud trial that is publicly probing the Trump family business, making an appearance she tried to prevent.
Walmart announced it's looking to create a calm morning shopping experience by turning TV walls to static non-moving images, silencing radios, and dimming store lights.
Biotech company Biogen lowered its full-year profit forecast, citing higher costs related to its purchase of drug maker Reata Pharmaceuticals as well as the launch of its Alzheimer's drug.