
Kiboko Drills 4.2 g/t Au Over 5 m at its Harricana Gold Project
KELOWNA, British Columbia--(BUSINESS WIRE)--Jul 10, 2023--
2023-07-11 04:16

Lomiko announces update on its regional graphite exploration program in the Grenville region, Quebec
MONTREAL--(BUSINESS WIRE)--Jul 11, 2023--
2023-07-12 05:49

Ex-NBA Player Gets 10 Years for League Health Plan Fraud
A former National Basketball Association player was ordered to spend 10 years in prison for leading a scheme
2023-08-04 01:51

Panama Canal to further reduce daily transits if drought continues
By Marianna Parraga (Reuters) -The Panama Canal could further reduce the maximum number of vessel transits authorized per day if
2023-09-13 01:54

How much money would KSI and Logan Paul lose if it was banned?
Boxer and rapper KSI and YouTuber-turned-WWE-star Logan Paul sure have hit the jackpot with their drinks company Prime, 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. Prime has even become the drinks partner for both Arsenal and Barcelona football clubs. However, such success has also caught the attention of legislators, with one US senator, Democrat Chuck Schumer, calling for the company to be investigated by the Food and Drugs Administration (FDA). In a letter to the regulator, Mr Schumer wrote: “A simple search on social media for Prime will generate an eye-popping amount of sponsored content, which is advertising. “This content and all the claims made should be investigated, along with the ingredients and the caffeine content in the Prime energy drink.” Sign up to our free Indy100 weekly newsletter While Prime Hydration is caffeine-free, the Prime Energy brand contains 200mg of caffeine per 12 ounces, which is about the same as six cans of Coca-Cola or almost two Red Bulls. On Twitter, Mr Schumer went further and claimed the drink contains so much of the stimulant that it “could endanger kids’ health”, but is being “marketed to kids” anyway. “Parents and paediatricians are worried. The FDA must investigate Prime for its absurd caffeine content and its marketing targeting kids on social media,” he wrote. Representatives for Prime, meanwhile, argue the product is clearly labelled as “not recommended for children under 18”. Although the FDA is yet to announce an investigation into the drinks brand, and therefore it’s not yet at risk of being banned in the US, how much money would KSI and Logan Paul stand to lose if such a decision was ever taken? Some insight into just how popular the brand is was given by Paul during an interview on the Australian radio show The Kyle and Jackie O Show in February, in which he said they had garnered “$250m in retail sales [and] $110m gross internally”. “In January of this year, we did $45m,” he added. But of course, Olatunji and Paul won’t see all of that money, with Prime being part of the Congo Brands company and the YouTuber duo reportedly having a combined share of 20 per cent in the brand. Although we don't have the exact estimations, but we imagine the answer to the big question is that the pair would certainly lose a lot of money if they were blocked from selling in a market as big as America. That’s yet to happen, though, and so instead, Prime looks to be getting more and more popular… 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.
2023-07-10 22:21

Seized Vessel in Red Sea Revives Fears of Shipping Disruptions
A Japanese-chartered vessel seized in the Red Sea by Iran-backed Houthi rebels is raising fears that the Israel-Hamas
2023-11-20 11:51

Goldman’s Low US Recession Odds Get It Wrong, Bond Investors Say
US stocks are back in a bull market and the American economy has consistently outperformed expectations, leading some
2023-06-11 22:47

How the ultra-wealthy infiltrated anti-capitalist Burning Man
Burning Man, the desert confab that descended into chaos over the weekend, isn't quite the scrappy, free-spirited revelry that it once was.
2023-09-06 02:52

Millennium Sought Purge of Schonfeld Clients During Deal Talks
For months, two giant hedge funds discussed a partnership that would be unprecedented for the industry. Schonfeld Strategic
2023-11-18 23:56

Whirlpool profit slides as inflation hits appliance demand
Whirlpool Corp reported a 29.5% slide in quarterly profit on Monday as persistent inflation hit consumer spending, weakening
2023-07-25 05:19

Blue Owl Plans to Open Abu Dhabi Office in Middle East Expansion
Private credit lender Blue Owl Capital Inc. is working to open an office and hire a team in
2023-09-23 04:24

Who gets a break? Clashing ideas on tax relief are teed up for the 2024 campaign
Days after the bipartisan deal on the debt limit became law, House Republicans proposed a slew of tax cuts, leading to charges of hypocrisy by Democrats in a squabble that shows clashing visions for the U.S. economy
2023-06-19 19:45
You Might Like...

Yellen criticises Chinese curbs against US firms

Yuan Traders on Watch for Strongest Ever Fix Guidance From China

EU Set to Exit From Controversial Energy Charter Treaty

Esri and National Geographic Society Launch National Geographic MapMaker

JPMorgan’s $290 Million Payout to Epstein Victims Wins Approval

Walmart reiterates goal of doubling international gross merchandise in 5 years

UK's Domino's Pizza reports higher sales despite delivery slowdown

BlackRock sees strong demand for infrastructure investments in Saudi Arabia