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
Laszlo Birinyi, Who Pioneered Money Flow Analysis, Dies at 79
Laszlo Birinyi, the investment adviser who created an analysis for using money flows to determine likely stock moves,
2023-08-23 23:23
QIA to take stake in Ambani retail firm at $100 billion valuation
BENGALURU (Reuters) -Qatar Investment Authority will invest $1 billion for a 1% stake in India's Reliance Retail Ventures, the retail
2023-08-23 22:54
New census aims to improve diversity, equity and inclusion in fashion
As part of a team effort between the British Fashion Council, The Outsiders Perspective and consultancy Fashion Minority Report, a new UK-wide census is aiming to improve diversity, equity and inclusion in the fashion industry.
2023-08-23 22:45
US new home sales jump in July, prices fall on annual basis
By Safiyah Riddle Sales of new U.S. single-family homes rose in July, as an acute shortage of existing
2023-08-23 22:24
Netflix signups remain high, fueled by password-sharing crackdown - data
Signups for Netflix in the United States remain elevated despite a fall from June's record high after the
2023-08-23 21:20
Peloton stock plunges after 20,000 members canceled subscriptions while waiting for recall
A Peloton recall involving the adjustable seat on more than two million bikes is becoming a bigger headache than expected.
2023-08-23 21:18
Kim Kardashian’s Skims bosses insist building a mega-money celeb brand isn’t “easy”
Despite the shapewear business being valued at £3 billion after only four years, the husband-and-wife team who run Kim Kardashian’s Skims line have insisted building a lucrative celebrity-based brand isn’t easy.
2023-08-23 20:49
Bath & Body Works sees steeper sales drop on slowing demand
Bath & Body Works on Wednesday warned of a steeper decline in annual sales as Americans deferred purchasing
2023-08-23 19:53
Fyre Festival guy has launched a new festival and tickets sold out in minutes
Fyre Festival founder Billy McFarland has announced that the first round of tickets for Fyre Festival II has sold out. Described by McFarland as the “adventure of a lifetime”, Fyre Festival II is an attempt to shift the narrative around McFarland and the original 2017 Fyre Festival that was riddled with scandals and resulted in McFarland spending four years in federal prison for wire fraud. McFarland took to social media to talk about Fyre Festival II after it was announced the first round of tickets sold out: “The first FYRE Festival II drop has sold out. Since 2016 FYRE has been the most talked about festival in the world. We now saw this convert to one of the highest priced GA pre-sales in the industry. FYRE is about people from around the world coming together to pull off the impossible. “This time we have incredible support. I’ll be doing what I love while working with the best logistical and infrastructure partners. In addition, all ticket sale revenue will be held in escrow until the final date is announced. We look forward to surprising the world alongside our partners as we build FYRE and FYRE Festival II into the island adventure of a lifetime,” he added. The initial tickets for Fyre Festival II went on sale for $499 (£390), with later releases set to cost up to $7,999 (£6,250). The original festival was promoted by multiple popular celebrities including Kendall Jenner, Bella Hadid, and Hailey Bieber. Fyre Festival was promised to contain an array of musical performances, as well as other attractions. It was to be hosted on an island in the Bahamas that was claimed to have been previously owned by Pablo Escobar. Despite the hype surrounding the festival, it ultimately resulted in a disaster. So much so that both Netflix and Hulu released shows documenting the festival and how it concluded with McFarland in jail. In 2018, McFarland pleaded guilty to two counts of wire fraud and admitted to lying to investors that funded the first Fyre Festival. He was released from prison early in March 2022, and required to return $26 million to investors of the event. Speaking in a YouTube video uploaded on Monday, McFarland spoke about Fyre Festivall II: “It has been the absolutely wildest journey to get here and it really all started during the seven-month stint in solitary confinement. I wrote out this 50-page plan of how it would take this overall interest and demand in Fyre and how it would take this overall interest and demand in Fyre and how it would take my ability to bring people from around the world together to make the impossible happen.” He added: “we decided that Fyre Festival is coming back to the Caribbean. We are targeting Fyre Festival II for the end of next year.” Sign up to our free Indy100 weekly newsletter 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.
2023-08-23 19:29
Kohl's beats estimates for quarterly profit
Kohl's Corp beat quarterly profit estimates on Wednesday, as leaner inventories, lower costs and fewer discounts helped the
2023-08-23 19:29
BYD, KG Mobility in talks on battery joint venture in South Korea -source
SEOUL China's BYD Co Ltd and South Korea's KG Mobility Co Ltd are in talks to jointly build
2023-08-23 18:47