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American Airlines raises its forecast of second-quarter profit, citing strong revenue, cheaper fuel
American Airlines raises its forecast of second-quarter profit, citing strong revenue, cheaper fuel
American Airlines says it will report a bigger profit than it was previously expecting for the second quarter, which includes the kickoff of the summer travel season
1970-01-01 08:00
Diogo Dalot signs new five-year contract with Manchester United
Diogo Dalot signs new five-year contract with Manchester United
Manchester United defender Diogo Dalot has signed a new contract with the club until June 2028, 90min understands.
1970-01-01 08:00
U.S. job openings rise to 10.1 million as the labor market stays strong despite rate hikes
U.S. job openings rise to 10.1 million as the labor market stays strong despite rate hikes
U.S. job openings rose unexpectedly in April a sign the American labor market remians surprisingly resilient as the Federal Reserve pushes interest rates higher to combat inflation
1970-01-01 08:00
AI boom triples valuation of Lightmatter, US startup using light for computing
AI boom triples valuation of Lightmatter, US startup using light for computing
By Jane Lanhee Lee OAKLAND, California Lightmatter, a Boston-based startup using light for AI computing, said on Wednesday
1970-01-01 08:00
'The Ultimatum: Queer Love' star Lexi Goldberg labels Vanessa Papa 'manipulative' for 'f**king' with relationships
'The Ultimatum: Queer Love' star Lexi Goldberg labels Vanessa Papa 'manipulative' for 'f**king' with relationships
'The Ultimatum: Queer Love' star Rae Cheung believes Lexi Goldberg is 'consumed' by Vanessa Papa
1970-01-01 08:00
Romelu Lukaku fans convinced Megan Thee Stallion rumours have helped his form
Romelu Lukaku fans convinced Megan Thee Stallion rumours have helped his form
There’s a new alledged celebrity couple causing a stir on social media, after Romelu Lukaku and Megan Thee Stallion were spotted together recently. Rumours about a romance between the pair have been circulating after they were seen holding hands at a wedding. The Belgian international and the 'WAP' rapper were guests as Lukaku’s Inter teammate Lautaro Martinez's wedding to Agustin Gandolfo. It may seem like they're from different worlds, but both Lukaku and the rapper are signed to Jay-Z’s Roc Nation management, which could explain how the pair first met. Sign up to our free Indy100 weekly newsletter Further details about the pair’s possible relationship has yet to be confirmed, but the news has sparked a big reaction on social media. “Nah Romelu Lukaku dating Megan Thee Stallion is the perfect explanation for this recent fantastic uptick in form. The man’s confidence is through the absolute ceiling,” one wrote. “I’m on my knees Lukaku I apologise. What is this rizz I’m seeing,” another commented. Meanwhile, Lukaku will be key to Inter Milan’s chances of winning the Champions League when the Italian side lines up against Manchester City in Istanbul on June 10. Lukaku has scored 14 goals in all competitions for Inter this year, after returning to Serie A following an unsuccessful return to Chelsea during the 21/22 season. 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.
1970-01-01 08:00
Southend secure court order over player payments to help ensure survival
Southend secure court order over player payments to help ensure survival
Southend have secured an urgent court order allowing the payment of players and accountants before deadlines that threaten the club’s survival. A lawyer for the National League side told a specialist judge they would “simply cease to exist” if payments to playing staff and for the filing of overdue accounts were not made on Wednesday. Judge Sebastian Prentis heard at an online hearing that players could “walk away” if they did not receive their salaries due at the end of this month, while the National League had said it would withdraw the club’s membership if accounts were not filed “by close of business”. The insolvency and companies court hearing comes after HM Revenue & Customs (HMRC) issued a winding-up petition against the non-league club over a £275,000 tax debt. Earlier this month, Southend – who dropped out of the English Football League at the end of the 2020/21 season – were given more time to clear the debt as the owners look into the sale of the club. Barrister Hilary Stonefrost, representing the loss-making side, told Wednesday’s hearing it needed a “validation order” to unfreeze a bank account and make payments. She said this was “to ensure the business of the company can survive under its present ownership long enough for a sale of the company’s shares to new owners”. “The salaries of the footballers and the footballing staff need to be paid today… and if they are not paid they can walk away,” she said. “The National League has said that if they did not file accounts before close of business today then they will withdraw their membership of the league.” Ms Stonefrost apologised for the lateness of the club’s court application, saying management was “very occupied with putting the sale together”, including it being “marketed in America”. In March, it was reported that the club’s parent company had appointed General Sports Worldwide, an American agency, to explore the market for potential buyers or fresh investment. The salaries of the footballers and the footballing staff need to be paid today... and if they are not paid they can walk away Barrister Hilary Stonefrost, for Southend Ms Stonefrost told the hearing that agents were instructed to produce an “investment prospectus”, saying negotiations were being conducted with prospective buyers who had passed “the financial requirement test”. She said club chairman Ron Martin, who observed the online hearing, had given an “undertaking” that sale proceeds would be used to pay HMRC and creditors. Southend’s parent companies, South Eastern Leisure UK Limited and Martin Dawn Plc – both Mr Martin’s family companies – have “always funded this club”, Ms Stonefrost said. She said it was “not necessarily in a timely manner” but money has been raised to pay debts. The club came close to going out of business earlier this year before settling an outstanding bill of £1.4million with HMRC, which has issued a number of winding-up petitions against Southend in recent years. Ms Stonefrost told the court there was a “short-term liquidity” problem with the parent companies in relation to a “huge development in Southend”. Judge Prentis said £25,000 of the club’s current HMRC debt had been paid – with the petition due to be reconsidered on July 12. He said the “manifestly insolvent” club had to provide to the National League accounts for 2020 and 2021, having not filed any to Companies House since July 31 2019. The judge said that unless players were paid they had the right to leave within 14 days “without providing any value to the company through transfer fees”. He granted part of the requested order to cover payments to accountants, footballing staff and lawyers, but said he was “concerned” over “weak” evidence that the club could meet a second National League deadline of June 2 to pay HMRC in full as well as all football creditors. The case will return to court on Monday, when Ms Stonefrost said the judge will receive a National League letter saying it has changed the June deadline. She also committed to providing confidential information on the sale process and detail on how money from a sale would be handled.
1970-01-01 08:00
Mead left out of England squad for Women's World Cup
Mead left out of England squad for Women's World Cup
Beth Mead has been left out of the England squad for this year's Women's World Cup, but Bethany England returns for the tournament...
1970-01-01 08:00
The number of available US jobs surged in April, complicating the Fed's strategy
The number of available US jobs surged in April, complicating the Fed's strategy
The number of available jobs in the United States unexpectedly rose in April, bucking economists' predictions after a three-month stretch of declines.
1970-01-01 08:00
'No victory yet', ECB says as inflation slows in key countries
'No victory yet', ECB says as inflation slows in key countries
Falling inflation in top eurozone economies is "positive" news, a senior European Central Bank official said Wednesday, while warning that the battle against high...
1970-01-01 08:00
Australia’s House Prices Rise Sharply in May, Driven by Sydney
Australia’s House Prices Rise Sharply in May, Driven by Sydney
Australia’s house prices climbed for a third straight month in May, suggesting further interest-rate increases may be needed
1970-01-01 08:00
Why Are Hyperlinks Blue?
Why Are Hyperlinks Blue?
Unpacking the reason hyperlinks are blue requires dipping into early internet history.
1970-01-01 08:00
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