• Fashion & Shopping

    Takedown notices threaten online thrift shops as business is exploding

    In January 2020, Jade Myers, a successful seller of secondhand clothes on Poshmark, came across a trove of designer swimwear and apparel at a thrift store that she knew would be a hit with her shoppers. She shelled out for dozens of pieces, prepared and photographed them, and listed them on her shop, Ornamental Stone. Within days, the listings turned into an intellectual property nightmare. The pieces Myers found and purchased for resale were from the buzzy brand Onia x WeWoreWhat, designed by fashion influencer Danielle Bernstein. After Bernstein was alerted to the Poshmark listings, she jumped into Myers’ Instagram  

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  • Business & Finance

    International Finance Forum 2021 Discusses the Business of Global Climate Change

    GUANGZHOU, China, Dec. 10, 2021 /PRNewswire/ — Co-hosted by International Finance Forum (IFF) and the Paulson Institute, a plenary session invited leaders from energy, environment and finance to share their thoughts on the business of global climate change on December 4 moderated by Deborah Lehr, IFF Board Member, Vice Chairman and Executive Director of the Paulson Institute. Key speakers include: Ambassador Yasser El-Naggar, CEO, EN Investment and Former Principal Deputy Minister of Planning, Monitoring, and Administrative Reform Bindu N. Lohani, IFF Academic Committee Member, Former Vice President of Asian Development Bank XU Lin, Chairman, China-U.S.  

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  • Business & Finance

    Samsung to Replace Division Chiefs, Reorganize Consumer Business

    (Bloomberg) — Samsung Electronics Co. is combining two of its three business divisions and appointing new leaders to replace its three co-chief executive officers in its biggest management shakeup since 2017. Most Read from Bloomberg The reorganization, decided under the oversight of de-facto leader and Samsung heir Jay Y. Lee, will see the consumer and mobile divisions merged into a newly formed SET Division, to be led by Jong-Hee Han. Promoted from the company’s TV research and development team, Han succeeds co-CEOs Dongjin Koh and Hyunsuk Kim, who had respectively led the smartphone and consumer appliances groups. Kyehyun Kyung is  

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  • Business & Finance

    Legislative committee gives state finance authority the greenlight for cannabis business loans

    An interim legislative committee on Tuesday approved a state-run loan program for small cannabis businesses. The decision was approved by the New Mexico Finance Authority Oversight committee with a 9-2 vote.  The program will be overseen by the state’s finance authority and will be funded by the Economic Development Revolving Fund. According to a presentation from the authority’s CEO Marquita Russell, there will be about $5 million from the revolving fund made available for qualifying businesses. Each loan, Russell told lawmakers on Tuesday, would be limited to $250,000 and terms would be limited to five years. Applicants to the loan  

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