Virgin Galactic rockets its first tourist passengers into space
Virgin Galactic launched its first tourist passengers into the weightlessness of space Thursday, the culmination of a nearly two-decade commercial...
2023-08-11 00:19
US consumer inflation edges up in July
US consumer inflation inched up in July, government data showed Thursday, rebounding slightly for the first time in around a year and weighing on policymakers as...
2023-08-10 23:45
Bayern Munich sign two huge names amid Kane transfer saga
Bayern Munich might be on the verge of buying England captain Harry Kane in a sensational €100m deal – but it has just made two very different signings. The German football club has just announced that Prime, the energy drink created by YouTube personality KSI and Logan Paul, is its “hydration sponsor”. The multi-year deal will see Prime Hydration sold at the Allianz Arena on match days, and the brand plans to expand retail operations in the German market later in the year and launch FC Bayern X Prime limited edition bottles. Sign up to our free Indy100 weekly newsletter “FC Bayern is delighted to partner with Prime and bring the company to the German market.” said executive board member Andreas Jung. “This partnership with a young, dynamic brand confirms our global growth and aims to reach a new audience for FC Bayern.” “It has been truly special to watch Prime grow so exponentially over the last year, but growth doesn’t happen without partners like FC Bayern Munich,” said Prime co-founders, Logan Paul and KSI, in a statement. “We are so excited to work with such an established and successful group of individuals and we look forward to hydrating all parts of this star club.” Prime has drawn criticism in recent months after doctors said it contained too much caffeine for children under the age of 16 – one of its major markets – to drink in large quantities. The Prime website and Prime Energy label both warn that the drink is not recommended for children under age 18, people sensitive to caffeine, pregnant women or women who are nursing. US Senate Majority Leader Chuck Schumer even called on regulators to investigate the company. The drink brand has become so popular, particularly with children and teenagers, that they are often being sold for 10 times their retail price on eBay. There is now even a tracker app that allows customers to verify stock before visiting stores. On Twitter last year, KSI – real name Olajide Olayinka Williams Olatunji – added that the beverage was being sold on the “black market”. The YouTuber shared screenshots of bottles being sold for £15 on eBay and said: “This annoys me so much. We’re trying so hard to increase the supply as much as possible to try and combat the black-market selling. “Me and Logan ain’t made any money from Prime. It’s all going back into the business to increase the supply. We’re trying people.” 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.
2023-08-10 23:22
Virgin Galactic's first space tourism flight set to take off
The long-awaited, first civilian space tourism flight by Virgin Galactic was set for takeoff Thursday, carrying an 80-year-old ex-Olympian and a mother and daughter who...
2023-08-10 22:57
US inflation ticks higher in July on housing costs
The rate of price growth rose to 3.2% in July but analysts said the underlying picture showed progress.
2023-08-10 22:51
Coach owner to acquire Michael Kors, Versace parent in $8.5bn deal
Tapestry, the US owner of lifestyle brands including Coach and Kate Spade, said Thursday it will acquire Michael Kors parent company Capri for $8.5 billion, creating a new global...
2023-08-10 22:23
Serial fraudster Mark Acklom freed from Spanish jail, court told
Mark Acklom was jailed in the UK for conning an ex-partner of £300k and then extradited to Spain.
2023-08-10 21:52
US consumer prices rise moderately in July; weekly jobless claims above expectations
WASHINGTON U.S. consumer prices increased moderately in July amid lower costs for goods, including used motor vehicles, a
2023-08-10 20:56
Uganda president defiant after World Bank suspends funding over LGBT law
By Elias Biryabarema KAMPALA (Reuters) -Uganda's President Yoweri Museveni on Thursday denounced the World Bank's decision to suspend new funding
2023-08-10 19:23
Analysis-Biden's China tech curbs to keep investors sidelined, fearing more steps
By Kane Wu and Michael Martina HONG KONG/WASHINGTON (Reuters) -President Joe Biden's move to prohibit some U.S. technology investments in
2023-08-10 18:59
Nervous investors trade cautiously before US inflation report
Stock markets and the dollar wavered Thursday before much-anticipated US inflation data, which comes against a backdrop of renewed concerns that the Federal Reserve could announce another interest rate hike...
2023-08-10 18:54
Singapore Exchange revises IPO rules for life science firms
SINGAPORE Singapore Exchange Ltd (SGX) is amending its initial public offering (IPO) rules to clarify that life science
2023-08-10 18:52
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