By Clare Jim HONG KONG (Reuters) -Shares of China Evergrande New Energy Vehicle Group (NEV) plunged on Friday as trading

TAMPERE, Finland--(BUSINESS WIRE)--Aug 10, 2023--

By Nandita Bose WASHINGTON President Joe Biden will meet with Shawn Fain, the head of the United Auto

New Mexico reached a $500 settlement agreement with Walgreens over the pharmaceutical giant's role in the opioid epidemic, lawyers for the state said Friday.

TEANECK, N.J.--(BUSINESS WIRE)--Sep 14, 2023--

WASHINGTON A senior U.S. district judge nominated by Republican former President Ronald Reagan on Tuesday has been assigned

By Carolina Mandl GREENWICH, Connecticut Ray Dalio, founder of hedge fund Bridgewater Associates, said on Tuesday that the

A look at the day ahead in European and global markets from Tom Westbrook A red tide swept over Asia-session

By almost any measure, the U.S. housing market has yet to emerge from a more than year-long slump, with sales of previously occupied U.S. homes down 28% in the first quarter from a year earlier, and sales of new homes down 16%

By Leika Kihara TOKYO The Bank of Japan is expected to keep policy unchanged on Friday but will

People aren't best pleased with Elon Musk after he changed the Twitter logo to 'X'. On Sunday, the billionaire said he was looking to change Twitter's logo, tweeting: "And soon we shall bid adieu to the Twitter brand and, gradually, all the birds." In doing so, he unleashed a wave of criticism, with marketing professor Jean-Pierre Dube telling the BBC he thought it was a joke, asking why anyone would "throw away" such a recognised brand as Twitter's. Musk is extending the rebrand though, with plans to change the office sign. If the rebrand flops, Musk won't be the first to make a mistake. Sign up to our free Indy100 weekly newsletter Indeed, here are some other rebrands that failed to capture the public. 1. Royal Mail In 2001, UK postal operator Royal Mail decided to change its name to Consignia to stop it being associated solely with sending and receiving parcels. The introduction of the new name alone cost £1.5 million but it went down very badly. After around a year, the company reverted to its original name. The re-rebranding to Royal Mail reportedly cost the company a further £1 million. 2. Mastercard In 2016 Mastercard changed its logo and people weren't keen. So much so that Mastercard later decided to only use this new logo on corporate worldwide communications, and opted to keep their existing brand image. 3. Gap In 2010, the American clothing retailer Gap changed its logo, causing an immediate social media backlash. This backlash was so intense that Gap reverted to its original logo within just one week. 4. Weight Watchers In 2019 Weight Watchers renamed itself Wellness and Wellbeing to be more body positive. The new rebrand didn’t go well, drastically impacting the company’s bottom line, with a stock market earnings of less than half. Following the change, they reported a loss of 600,000 members. 5. Hershey's In 2009, the sweet chocolate confections company Hershey’s decided to rebrand. Sadly, their new logo looked like a smoking poo so make of that what you will. 6. Leeds United In 2018 Leeds United changed its logo and it was so unpopular over 77,000 people signed a petition to boycott the rebrand, causing a PR nightmare. Call us conservative, but maybe there is a case for keeping things as they are after all... Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

Equity markets edged up Tuesday as investors cautiously await the release of US inflation data, aware that a big miss in either direction could have major implications for the Federal Reserve's interest...