Here’s all the business and tech news you need for the week ahead, so you can catch up quickly and then enjoy the rest of your long, lazy July Fourth weekend. (June 30-July 6)Stars, Stripes and a Sneaker DisputeNike planned to celebrate Independence Day with a special-edition sneaker emblazoned with the Revolutionary War-era version of the United States flag (with 13 stars for the original colonies). But the shoes were abruptly pulled from the market after Colin Kaepernick, a Nike spokesman and former National Football League quarterback, privately pointed out that the flag had become associated with white supremacist groups. Nike said that the sneaker was canceled “based on concerns that it could unintentionally offend and detract from the nation’s patriotic holiday.” Fresh criticism followed. One guy you probably won’t be seeing anymore: a supplement salesman who promoted injections of baking soda as part of cancer “treatment.”

Source: International New York Times July 06, 2019 17:03 UTC