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UPS cuts revenue view on lower e-commerce demand, new labor contract
UPS cuts revenue view on lower e-commerce demand, new labor contract
(Reuters) -United Parcel Service on Tuesday cut its 2023 revenue and margin forecast, hurt by softening e-commerce demand and an
2023-08-08 18:20
Barrick beats quarterly profit estimates on higher gold prices
Barrick beats quarterly profit estimates on higher gold prices
Barrick Gold Corp beat analysts' expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from
2023-08-08 18:18
German arms maker takes Finland to market court over rifle choice
German arms maker takes Finland to market court over rifle choice
By Anne Kauranen HELSINKI German gun maker Heckler & Koch has filed a complaint with the Finnish Market
2023-08-08 17:56
Tributes pour in after Cha Cha Slide creator DJ Casper dies age 58
Tributes pour in after Cha Cha Slide creator DJ Casper dies age 58
Tributes have poured in for DJ Casper, who died aged at the age of 58 on Monday (7 August) after his battle with cancer. The Chicago legend – whose real name is Willie Perry Jr – was famed for his classic 'Cha Cha Slide' that topped the charts in 2000. Speaking to ABC7, he spoke about the success of the track, saying he never expected it to be an international phenomenon. "When I first did it, I did it as an aerobic exercise for my nephew at Bally's," Casper said. "From there, it just took off. Elroy Smith from WGCI grabbed ahold of it," he said. "I have one of the biggest songs that played at all stadiums: hockey, basketball, football, baseball; they played it at the Olympics," Casper said. "It was something that everybody could do." He went on to discuss his health after being diagnosed in 2016 with two forms of cancer, "renal and neuroendocrine, which is kidney and liver." "They went in to try to do surgery, and they found out the kidney was connected to the main artery, so they decided not to do it," he said, adding they decided to "just treat it" instead. "I used to weigh 236 pounds, and I think I'm about 60 pounds less," he said at the time. "If you know me, you know I'm not going to stop. I'm going to continue to go. I'm going to continue to go until I can't go." Sign up for our free Indy100 weekly newsletter The sad news has prompted a flood of emotional messages online, with one person writing: "RIP DJ Casper, whose 'Cha Cha Slide' has been an immeasurable and integral part of seemingly every inter-generational celebration I’ve ever attended." Another added: "DJ Casper brought joy to so many with the 'Cha Cha Slide'. His legacy will live on through the countless celebrations and events where his music continues to unite people in dance. My condolences to his loved ones." 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 17:46
Li Ka-Shing’s Discounted Apartments Draw Interest Amid Glut
Li Ka-Shing’s Discounted Apartments Draw Interest Amid Glut
Homebuyers flocked to CK Asset Holdings Ltd.’s latest project in Hong Kong after it slashed prices to a
2023-08-08 17:25
Kanye West performs at Travis Scott concert after antisemitism scandal
Kanye West performs at Travis Scott concert after antisemitism scandal
It's the first public performance since the rapper caused controversy with a series of antisemitic posts.
2023-08-08 17:24
European Gas Prices Ease as Winter Fuel Stockpiles Keep Rising
European Gas Prices Ease as Winter Fuel Stockpiles Keep Rising
European natural gas prices eased, with traders weighing ever-rising fuel stockpiles against the risk of supply constraints. Benchmark
2023-08-08 16:59
German airport operator Fraport sees earnings boost on high travel demand
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 16:56
Why is MrBeast being sued by the company making his burgers?
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 16:49
China exports see biggest drop for three years
China exports see biggest drop for three years
Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.
2023-08-08 16:23
Investors bet on state-backed developers as Chinese property begins recovery
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 16:18
Country Garden Shares, Bonds Sink as Holders Yet to Get Coupons
Country Garden Shares, Bonds Sink as Holders Yet to Get Coupons
Chinese developer Country Garden Holding Co.’s stock and bonds plunged as noteholders said they haven’t received coupon payments
2023-08-08 16:16
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