Clara moves headquarters to Brazil as 'payment institution' license secured
By Gabriel Araujo SAO PAULO Fintech Clara is moving its headquarters from Mexico to Brazil after obtaining a
2023-08-09 21:27
Mexico Inflation Slows as Expected Ahead of Central Bank Rate Decision
Mexico’s inflation decelerated in line with expectations last month but remained elevated when volatile items were not considered,
2023-08-09 20:55
Brazilian consumer prices seen virtually flat in July vs June: Reuters poll
By Gabriel Burin Brazil's consumer prices barely rose on the month in July, a Reuters poll of economists
2023-08-09 19:52
Ford Shuts Down in Brazil, and China’s Top EV Maker Comes to the Rescue
(Bloomberg Markets) -- On Brazil’s east coast, the vast parking lot off Avenida Henry Ford sits empty. Shift workers once
2023-08-09 17:30
UK inflation to exceed BoE target for next 4 years: NIESR
By David Milliken LONDON The Bank of England will not succeed in returning inflation to its 2% target
2023-08-09 07:26
Marqeta Gains on Extended Deal With Block, Revenue Beat
Marqeta Inc. gained after extending a partnership with Jack Dorsey’s payments company Block Inc. and posting revenue that
2023-08-09 07:23
Boeing says Brazil could be top sustainable aviation fuel player
By Gabriel Araujo SAO PAULO Brazil has the potential to become one of the major global players in
2023-08-09 07:16
Lula Enlists Neighbors in Brazil’s Battle to Save the Amazon
The leaders of South America’s Amazon nations gathered in Brazil on Tuesday as President Luiz Inacio Lula da
2023-08-09 03:53
Disinflation Spreads in Emerging Markets and Selloff Deepens
A selloff in emerging markets accelerated Tuesday after data releases from China to Hungary underscored the price nations
2023-08-09 00:58
Taylor Swift friendship bracelet trend has Etsy shop owners cashing in
Jamie Thompkins works full-time as an events manager in Oklahoma City, Oklahoma, but stays up well past midnight to work on her budding side hustle: making friendship bracelets for Taylor Swift concert goers.
2023-08-08 19:59
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 16:55
Rainy July hurts UK retailers: spending growth slowest in 11 months
LONDON British retailers suffered from heavy rain in July on top of the impact of high inflation with
2023-08-08 07:29