Walmart cut starting pay for some new jobs
Walmart, America's largest private employer, is paying some new hires less than it would have earlier in the year in a sign of a cooling labor market.
2023-09-09 01:18
Fox Corp. dinged by Dominion settlement in third quarter
Fox Corp. moved to a loss in its fiscal third quarter, weighed down by Fox News’ nearly $800 million settlement with Dominion Voting Systems
2023-05-10 00:49
UK Sanctions on Russian Plant Send Jitters Through Palladium
The cost of borrowing palladium has climbed since the UK imposed sanctions on a key Russian refiner earlier
2023-11-10 18:56
American Airlines rides travel boom to $1.3 billion profit in the second quarter as fuel prices drop
American Airlines is reporting a $1.3 billion profit for the second quarter, continuing the run of strong results from the nation's airlines
2023-07-20 20:56
Tesla's Shanghai factory hits 2 million car production milestone
BEIJING Tesla's Shanghai factory achieved on Wednesday the milestone of 2 million cars produced, according to the company's
2023-09-06 15:49
Marketmind: Markets shake off surprise US credit downgrade
A look at the day ahead in European and global markets from Brigid Riley Fitch delivered the markets a doozy
2023-08-02 12:59
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 16:48
Oil Steadies After Two-Day Swing as Countdown to OPEC+ Begins
Oil steadied after a two-day swing as investors looked ahead to an OPEC+ meeting on supply that will
2023-11-20 08:16
The owner of Turkey's low-cost Pegasus Airlines and wife were seriously hurt in an Aegean boat crash
The chairman of the company that owns Turkey’s low-cost carrier Pegasus Airlines has been injured in a boat accident while vacationing in Greece
2023-08-25 22:21
Archer Closes Previously-Announced Financing and Development Agreements to Complete World’s Highest-Volume eVTOL Aircraft Manufacturing Facility
SANTA CLARA, Calif.--(BUSINESS WIRE)--Oct 11, 2023--
2023-10-11 21:19
Fed doves, Fed hawks: US central bankers in their words
The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy
2023-08-23 04:26
Dell Sales Top Estimates in Positive Signal for PC Market
Dell Technologies Inc. reported better-than-expected sales of personal computers and data center hardware, fueling hopes of a recovery
2023-09-01 06:18
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