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US wholesale inventories revised lower in June
US wholesale inventories revised lower in June
WASHINGTON U.S. wholesale inventories fell more than initially estimated in June, which could have implications for the second-quarter
2023-08-08 22:59
Stock market today: Global shares trade higher ahead of US updates on inflation and hiring
Stock market today: Global shares trade higher ahead of US updates on inflation and hiring
Global stock markets are mostly higher ahead of updates on United States inflation and hiring that traders hope will persuade the Federal Reserve no more interest hikes are needed
2023-08-31 17:26
Thai Parliament Picks Pro-Democracy Speaker as PM Vote Nears
Thai Parliament Picks Pro-Democracy Speaker as PM Vote Nears
Thailand’s newly-elected lawmakers endorsed the appointment of a veteran politician as the parliament speaker, marking another important milestone
2023-07-04 13:48
Will Xi Jinping’s Gamble on Vladimir Putin Pay Off?
Will Xi Jinping’s Gamble on Vladimir Putin Pay Off?
The last time Vladimir Putin set foot on Chinese soil he went home with the promise of a
2023-10-17 07:45
Morgan Stanley names Ted Pick as CEO
Morgan Stanley names Ted Pick as CEO
Morgan Stanley on Wednesday named Ted Pick as its new chief executive officer, effective Jan. 1. Pick replaces
2023-10-26 05:50
Rain to Bring Relief Sunday; NYC Improves: Smoky Air Latest
Rain to Bring Relief Sunday; NYC Improves: Smoky Air Latest
Relief is in sight. Heavy rainfall in parts of the eastern US on Sunday should help dissipate much
2023-06-09 18:24
Moore’s McIntyre to Lead Venture Firm With Daily Mail Backing
Moore’s McIntyre to Lead Venture Firm With Daily Mail Backing
Louis Bacon’s Moore Capital Management and the publisher of British tabloid the Daily Mail are launching a new
2023-12-01 08:50
AP analysis: Most beauty school programs would be in jeopardy under US proposal
AP analysis: Most beauty school programs would be in jeopardy under US proposal
Nearly two-thirds of for-profit cosmetology certificate programs would face a federal crackdown under new federal rules proposed by the Biden administration
2023-05-19 06:29
DraftKings Sales Beat Forecast, Company Raises Guidance for Year
DraftKings Sales Beat Forecast, Company Raises Guidance for Year
DraftKings Inc. shares rose after the online sportsbook posted second-quarter sales that beat expectations and it raised its
2023-08-04 04:53
Asian markets fluctuate after mixed US jobs report
Asian markets fluctuate after mixed US jobs report
Asian equities swung Monday following a mixed US jobs report that left investors weighing the chances of another Federal...
2023-08-07 11:18
Bayern Munich sign two huge names amid Kane transfer saga
Bayern Munich sign two huge names amid Kane transfer saga
Bayern Munich might be on the verge of buying England captain Harry Kane in a sensational €100m deal – but it has just made two very different signings. The German football club has just announced that Prime, the energy drink created by YouTube personality KSI and Logan Paul, is its “hydration sponsor”. The multi-year deal will see Prime Hydration sold at the Allianz Arena on match days, and the brand plans to expand retail operations in the German market later in the year and launch FC Bayern X Prime limited edition bottles. Sign up to our free Indy100 weekly newsletter “FC Bayern is delighted to partner with Prime and bring the company to the German market.” said executive board member Andreas Jung. “This partnership with a young, dynamic brand confirms our global growth and aims to reach a new audience for FC Bayern.” “It has been truly special to watch Prime grow so exponentially over the last year, but growth doesn’t happen without partners like FC Bayern Munich,” said Prime co-founders, Logan Paul and KSI, in a statement. “We are so excited to work with such an established and successful group of individuals and we look forward to hydrating all parts of this star club.” Prime has drawn criticism in recent months after doctors said it contained too much caffeine for children under the age of 16 – one of its major markets – to drink in large quantities. The Prime website and Prime Energy label both warn that the drink is not recommended for children under age 18, people sensitive to caffeine, pregnant women or women who are nursing. US Senate Majority Leader Chuck Schumer even called on regulators to investigate the company. The drink brand has become so popular, particularly with children and teenagers, that they are often being sold for 10 times their retail price on eBay. There is now even a tracker app that allows customers to verify stock before visiting stores. On Twitter last year, KSI – real name Olajide Olayinka Williams Olatunji – added that the beverage was being sold on the “black market”. The YouTuber shared screenshots of bottles being sold for £15 on eBay and said: “This annoys me so much. We’re trying so hard to increase the supply as much as possible to try and combat the black-market selling. “Me and Logan ain’t made any money from Prime. It’s all going back into the business to increase the supply. We’re trying people.” 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.
2023-08-10 23:16
US Payrolls Were Likely 306,000 Lower Than Previously Estimated
US Payrolls Were Likely 306,000 Lower Than Previously Estimated
US job growth was probably less robust in the year through March than previously reported, according to government
2023-08-23 23:29