Greek EU-harmonised inflation rises to 3.5% y/y in July
Greece's annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday. EU-harmonised
2023-08-08 17:10
Exclusive-As US navigates summer of strikes, Biden's top labor adviser exits, source says
By Nandita Bose President Joe Biden's top labor adviser, Celeste Drake, has stepped down, according to a source
2023-08-08 17:05
Defying war risk, European traders store gas in Ukraine
By Jan Lopatka and Marek Strzelecki PRAGUE/WARSAW European gas traders have begun storing natural gas in Ukraine to
2023-08-08 17:02
US inflation has steadily cooled. Getting it down to the Fed's target rate will be the toughest mile
Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for more than two years
2023-08-08 17:01
Why is MrBeast being sued by the company making his burgers?
YouTuber MrBeast is being counter-sued for $100 million by Virtual Dining Concepts, the company behind Beast Burger restaurants. MrBeast, whose real name is Jimmy Donaldson, shared in June that he was going to be “moving on” from his Beast Burger restaurants in order to concentrate more on his snack business with his chocolate bar brand Feastables. Just over two years ago Donaldson partnered with Virtual Dining Concepts (VDC) to launch over 2,000 ‘ghost kitchens’ to make Beast Burger available across the United States. VDC are suing Donaldson for failing to honour his contractual obligations, as well as intentional tortious interference. The lawsuit was filed on Monday morning in the Supreme Court of the State of New York for the County of New York. Sign up to our free Indy100 weekly newsletter The suit, obtained by Variety, is a response to Donaldson suing VDC and its parent company last month, wanting to terminate the deal for his restaurant chain, alleging the burgers it served were called “disgusting,” “revolting” and “inedible” which damaged his reputation. Last week, VDC hit back at the suit claiming it was “riddled with false statements and inaccuracies”, as well as calling it “meritless” and “ill-advised”. “This case is about a social media celebrity who believes his fame means that his word does not matter, that the facts do not matter, and that he can renege and breach his contractual obligations without consequence,” the suit states. “He is mistaken.” The counter-suit claims that Donaldson had breached the parties’ agreements and interfered with business dealings. As a result, it has damaged the reputation of MrBeast Burger and VDC, turned away customers and ruined relationships with suppliers and vendors. The lawsuit also contains examples of deleted tweets from the YouTube star’s account where he writes that he wished to close the burger business, writing: “the company I partnered with won’t let me stop even though it’s terrible for my brand.” VDC was co-founded by Robert Earl, who is the founder and CEO of Planet Hollywood. The company has backed celebrity brands including those from Mariah Carey and Mario Lopez. 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.
2023-08-08 16:30
German airport operator Fraport sees earnings boost on high travel demand
(Reuters) -Frankfurt Airport operator Fraport on Tuesday said its 2023 core profit would hit the upper half of its forecast
2023-08-08 16:26
Taiwan’s Exports Decline Slows as Surplus Rises to Record High
Taiwan’s exports tumbled for the eleventh straight month in July in a sign that global demand for chips
2023-08-08 16:19
Wemade’s MMORPG MIR M Updates New Inter-server Area ‘Prajna Island’
SEOUL, South Korea--(BUSINESS WIRE)--Aug 8, 2023--
2023-08-08 16:17
Euro zone consumers expect lower inflation, sluggish housing prices - ECB poll
FRANKFURT Euro zone consumers expect inflation to keep slowing in the next months and years but remain pessimistic
2023-08-08 16:12
Investors bet on state-backed developers as Chinese property begins recovery
By Li Gu and Summer Zhen SHANGHAI/HONG KONG Investors betting on recovery in China's battered property sector are
2023-08-08 16:03
Marvel's VFX workers are pushing to unionise
Hot Labor Summer is continuing apace, with visual effects (VFX) workers at Marvel Studios now
2023-08-08 16:02
China's economy suffers new blow as exports drop 14% in July
China's exports suffered their biggest drop in more than three years in July as global demand slowed, adding further pressure on Beijing to find ways to reinvigorate the world's second largest economy.
2023-08-08 15:36
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