
Rice Market Shows Strain After India’s 6-Week Campaign of Curbs
In about six weeks, India has rattled the rice market. The world’s top shipper has placed restrictions on
2023-09-03 09:54

NFT Rout Crushes $1.5 Billion Windfall for Artists as Markets Slash Royalties
Tension between traders and creators of digital collectibles is deepening amid a painful slump in the market for
2023-08-05 22:51

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 19:19

Musk says blocked Ukraine attack on Russia's Black Sea fleet
Tech billionaire Elon Musk has said that he prevented a Ukrainian attack on a Russian Navy base last year by declining Kyiv's request to activate internet access in...
2023-09-08 17:52

Güntner Sets Sustainability in Stone With Six Industry-Leading Pledges
CHICAGO--(BUSINESS WIRE)--Sep 21, 2023--
2023-09-21 22:20

Swing state Republicans bleed donors and cash over Trump's false election claims
By Tim Reid and Nathan Layne Real estate mogul Ron Weiser has been one of the biggest donors
2023-07-05 18:17

Corporate bankruptcies are on the rise — and the pain won't end for a while
From Vice Media to Bed Bath & Beyond, bankruptcies are picking up again. Last week, corporate America had its worst 48-hour stretch of bankruptcies since at least 2008, according to Bloomberg. That's never a good comparison.
2023-05-23 04:15

Flood of Russian Wheat Halves World Prices From Wartime High
Russia’s second consecutive bumper wheat harvest is reinforcing its position as the No. 1 exporter, but it’s also
2023-09-16 14:27

Vayu Robotics Emerges from Stealth with $12.7 Million in Seed Funding from Khosla Ventures and Lockheed Martin Ventures
PALO ALTO, Calif.--(BUSINESS WIRE)--Oct 3, 2023--
2023-10-03 19:25

Minnesotans Celebrate Cannabis Legalization
MINNEAPOLIS--(BUSINESS WIRE)--Jul 28, 2023--
2023-07-29 05:24

Instacart targets up to $7.7 billion valuation for much-awaited US IPO
(Reuters) -Instacart on Monday set a target of up to $7.73 billion valuation in its hotly anticipated U.S. initial public
2023-09-11 21:24

Ryanair eyes slots IAG may hand over as remedies in Air Europa purchase -report
MADRID Irish airline Ryanair is keen to buy the slots International Consolidated Airlines Group may be forced to
2023-06-12 18:58
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