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Today — 1 April 2026Main stream

Allbirds, Once Silicon Valley’s Favorite Shoe, Sells for $39 Million

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 Times

An Allbirds store in Manhattan in 2018. The brand has closed all of its U.S. stores.

From Oil to Food, the Iran War Is Squeezing the Global Economy

1 April 2026 at 00:35
The effects of the war in Iran are squeezing consumers, businesses and governments around the world, raising the prices of many essential goods.

© Taiwo Aina for The New York Times

A fertilizer plant outside Lagos, Nigeria. Fertilizer shortages driven by the fighting in the Middle East, where crucial inputs are produced, can lead to poorer harvests and higher food prices around the world.
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