Allbirds, Once Silicon Valley’s Favorite Shoe, Sells for $39 Million NYT | Top Stories By: Kim Bhasin 1 April 2026 at 02:55 Despite once being valued at $4 billion, the company that made sneakers from Merino wool struggled to capture a wide customer base and turn a profit. © Jeenah Moon for The New York TimesAn Allbirds store in Manhattan in 2018. The brand has closed all of its U.S. stores.
After TikTok Deal, Chinese Firms Search for a New Global Path NYT | China By: Meaghan Tobin 23 January 2026 at 16:42 Chinese firms must contend with geopolitical tensions and mistrust to do business in the United States. Some are choosing to avoid the U.S. altogether.
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