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Australia's Woodside to sell 10% stake in Scarborough to LNG Japan for $500 million
Australia's Woodside to sell 10% stake in Scarborough to LNG Japan for $500 million
(Reuters) -Woodside Energy Group said on Tuesday it had entered a deal with LNG Japan to sell a 10% participating
2023-08-08 12:21
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 16:48
PSC Software Unveils Newly Redesigned Website for Enhanced User Experience and Engagement
PSC Software Unveils Newly Redesigned Website for Enhanced User Experience and Engagement
POMONA, Calif.--(BUSINESS WIRE)--Aug 31, 2023--
2023-08-31 22:20
Teck says it received several proposals for steelmaking coal business
Teck says it received several proposals for steelmaking coal business
By Divya Rajagopal TORONTO Teck Resources said on Tuesday it has received several indications of interest for its
2023-06-06 22:26
Colombia Arrests President Petro’s Son for Money Laundering
Colombia Arrests President Petro’s Son for Money Laundering
The son of Colombian president Gustavo Petro was arrested on Saturday morning on accusations of money laundering and
2023-07-29 23:20
CFPB, FTC fine TransUnion $23M for tenant screening and security freeze failures
CFPB, FTC fine TransUnion $23M for tenant screening and security freeze failures
Federal regulators fined credit-reporting agency TransUnion a total of $23 million for tenant screening and security freeze failures on Thursday
2023-10-12 23:21
Logan Paul’s Prime responds to backlash over energy caffeine levels
Logan Paul’s Prime responds to backlash over energy caffeine levels
Logan Paul and KSI’s Prime has defended the levels of caffeine in its beverages after facing a backlash. It comes after health experts called on the US Food and Drug Administration to investigate the energy drink company. A 12 oz can of Prime, which was founded by YouTube stars Logan Paul and KSI, contains 200mg of caffeine, equivalent to about half a dozen Coke cans or nearly two Red Bulls. The brand released a statement to People on July 11, saying: “PRIME Energy, sold in a can, dropped in 2023 and contains a comparable amount of caffeine to other top selling energy drinks, all falling within the legal limit of the countries it’s sold in.” Sign up to our free Indy100 weekly newsletter The spokesperson for the brand said that the drink “complied with all FDA guidelines” prior to hitting the market and indicated on the packaging that PRIME energy drinks are “not made for anyone under the age of 18.” “As a brand, our top priority is consumer safety, so we welcome discussions with the FDA or any other organisation regarding suggested industry changes they feel are necessary in order to protect consumers,” they added. Earlier this week, New York Senator Charles Schumer urged the FDA to launch a probe into Paul’s energy drink, which became an overnight sensation when it launched last year. “One of the summer’s hottest status symbols for kids is not an outfit, or a toy – it’s a beverage,” the Democratic senator said in a letter to the FDA. “But buyer and parents beware because it’s a serious health concern for the kids it so feverishly targets." Prime has become a phenomenon since being launched in 2022, to the extent it’s sold for ridiculous prices, made one shop in Wakefield go viral, and even been reviewed by foul-mouthed chef Gordon Ramsay. The collaboration between Paul and KSI (real name Olajide “JJ” Olatunji) was announced back in January last year, with the pair just recently touring Munich, Barcelona, Copenhagen and Oslo to promote the drink. 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.
2023-07-15 17:51
As School Started in the US, So Did the School Closures for Heat
As School Started in the US, So Did the School Closures for Heat
Susan Eckert teaches advanced placement biology at Montclair High School in Montclair, New Jersey. Her room sits on
2023-09-09 19:29
Traders bet slowing inflation will let Fed pause after July hike
Traders bet slowing inflation will let Fed pause after July hike
Inflation is slowing fast enough to allow the Federal Reserve to stop tightening U.S. monetary policy after what
2023-07-12 20:53
The Economic Slowdown Is Making Decarbonization Harder for Companies
The Economic Slowdown Is Making Decarbonization Harder for Companies
The global economic slowdown is starting to weigh on corporate efforts to achieve climate goals. Some 40% of
2023-11-16 13:29
Judge puts US, New York predatory lending lawsuit against Credit Acceptance on hold
Judge puts US, New York predatory lending lawsuit against Credit Acceptance on hold
By Jonathan Stempel NEW YORK A federal judge on Monday put on hold a predatory lending lawsuit against
2023-08-08 06:50
Parrot Unveils Proprietary AI-Powered Platform for Multi-Billion Court Reporting Market, Raises $11M in Series A Funding
Parrot Unveils Proprietary AI-Powered Platform for Multi-Billion Court Reporting Market, Raises $11M in Series A Funding
NEW YORK--(BUSINESS WIRE)--Jun 20, 2023--
2023-06-20 21:29