‘Subnautica 2' Leaders Say Krafton Sabotaged Game Over Payout
Former Unknown Worlds Chief Executive Officer Ted Gill and founders Charlie Cleveland and Max McGuire said Krafton sought to delay the release of their new game, Subnautica 2, after realizing they would have to pay that large a sum, according to their complaint. The South Korean game publisher offered the executives a lower payout before terminating their employment earlier this month, the lawsuit alleges.
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9 'Old-Fashioned' Wedding Traditions You'll Only Find In The South
From old superstitions to comical customs. Wedding tradition in the South is nothing to be messed with. It starts the moment we say 'yes,' and it ends well after we say 'I do.' Everything in between is a flurry of celebration (including dozens of bridal showers), planning (there simply must be deviled eggs during cocktail hour), etiquette (starting with hundreds of thank you notes), and traditions that we've kept going for generations—and don't plan on stopping now. Here are 9 old-fashioned wedding customs in the South that we heed and cherish. Classic Southern Wedding Traditions Burying the Bourbon Perhaps our favorite Southern wedding tradition is one rooted in superstition: burying the bourbon. No one quite knows the origin of this tradition, but legend has it that if you bury a bottle of bourbon a month before your wedding, you'll have good weather on the day of your nuptials. It has to be bourbon (not whiskey), and it must be buried upside down to ensure the best possible weather for your big day. Customarily, on your wedding day after the 'I dos,' you dig up the bottle and share with your family and wedding party, or stash it away for a special anniversary. Cake Pulls If you've ever attended a ceremony down South, specifically in Louisiana, you've likely heard of one tradition that's baked right in: the cake pull. It calls for good-luck charms being attached to dainty ribbons and placed under the bottom layer of the cake, to traditionally be pulled by bridesmaids or loved ones (particularly those who are single). Many of the most commonly used charms have specific meanings. Pull a hot air balloon, and you're destined to live a life of adventure and travel. See the twinkling of a star charm, and all your wishes will come true. And if you're lucky enough to find a butterfly on the end or your ribbon, you can count on being forever beautiful. This tradition is often performed at the reception, bridal shower, or the bridesmaids' luncheon. Wedding Parades Particular mostly to Louisiana weddings, the second line parade is quite the celebratory tradition in which a brass band and parasol-wielding newlyweds lead their guests, who wave handkerchiefs or napkins, on a festive jaunt through the city (or around their reception venue). The musical parade is a lively way to send newlyweds into their married life with a little fanfare. Themed Groom's Cakes Partly thanks to the classic film Steel Magnolias with its 'roadkill armadillo' cake, outlandish groom's cakes have become a tradition that the South has fostered to new heights, with themes including SEC teams, hunting (deer antlers and all), state flags, bourbon, and anything else a Southern groom might adore. While we didn't originate the tradition (it comes from Victorian England), and others have certainly caught on, we've always put our own spin on it. Hilariously Large Wedding Parties As in, you'll see bridesmaids and groomsmen stuffed at the altar by the dozens at some classic Southern weddings, outnumbering the nuptials you'll attend elsewhere. This more loosely prescribed tradition stems partly from our big Southern families full of siblings and cousins, as well as partly from how Southerners are polite to a fault—and don't ever want to leave anyone out. Expect even larger bridal shower guest lists, and stiff competition during the bouquet toss. Southern Wedding Etiquette Customs Thank You Notes We Southerners are practically professional thank you note writers—heck, we'd even go as far to almost feel obligated to write a thank you note in return to receiving a thank you note—and it's especially beholden to wedding gifts and well wishes. While that might include dozens, or hundreds, of handwritten notes from the betrothed couple to guests—on monogrammed, embossed stationery, no doubt—it's so relevant to our etiquette-driven Southern culture that we'd deign to include as a wedding tradition of sorts. As we all know, there will be gossip if you don't send them out. Game Day Screens Sadly, this isn't our favorite Southern wedding custom. But when it comes to college football, Southerners don't play around—and game day is a very serious matter. If a couple makes the decision to have their wedding during football season, or even worse chooses the day of a crucial match-up or rivalry game, they must be prepared to expect to lose a few guests or to give the rabid football fans among the guest list what they want: a big screen with the game on at the reception. Who knows, you might just hear the bride and groom belting out battle cries. Southern 'Formal' Dress Codes Also in line with similar dress codes such as 'cowboy formal' or 'Texas formal,' this dress code allows for a little more wiggle room befitting of the locale and guest list, where cowboy boots are almost always appropriate at weddings, whether it's a casual backyard wedding or a black tie soirée. Yes, even with a tuxedo. (In that case, black cowboy boots would be preferable.) However, in recent years, festive dress codes such as this have become more widely used to encourage guests to dress 'fancy' without being afraid to show their personal style and Southern roots. Flower Girls and Ring Bearers As it turns out, including children in a wedding ceremony—complete with frilly frocks and seersucker—is quite the Southern thing. In fact, inviting children to weddings at all is more of a Southern practice than in other regions, as a big Southern wedding is treated almost like a reunion of sorts, little kids and great-aunts and all. While some might see children at weddings as an etiquette debacle, Southerners don't see it that way. Everyone's welcome. As long as they're formally invited, of course! Read the original article on Southern Living Solve the daily Crossword
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Telecoms boss lands record £131m payday
The boss of a little-known UK telecoms business was handed a record £131m last year, marking the highest-ever package paid by a London-listed business. Eamonn O'Hare, who runs Zegona Communications, received a £129m bonus in 2024, on top of £2m in annual pay and benefits. The company's operations chief, Robert Samuelson, also took home a total package of £66m. By contrast, the average remuneration for an FTSE 100 chief executive last year was £4.2m. The lucrative pay awards were made after Zegona acquired Vodafone's Spanish arm for £4.4bn last year. Mr O'Hare and Mr Samuelson, both former Virgin Media executives, launched Zegona a decade ago to buy up struggling assets in the telecoms sector and turn them around. Zegona went public in 2015 with a float on London's AIM junior exchange, when it raised £30m. However, its value has since soared after undertaking a series of deals, buying up unloved assets and selling them on for profit. It took over Spanish regional telecoms business Asturias in 2015 in a €640m deal before later selling it for a considerable profit. Last year, Zegona also completed a deal for Vodafone Spain in a €5bn transaction amid a carve-up of the company's European divisions. Zegona said the deal was the 'culmination of three years of concerted efforts and exceptionally hard work' by its senior executives, which was reflected in 'key remuneration matters'. The company's pay structure rewards senior leaders with up to 15pc of the growth in value of Zegona's shares. The majority of the pay awards will take the form of stock. Zegona's annual report said its pay structure was 'non-standard in nature' but had been 'central to Zegona's outsize performance, driving unrelenting commercial focus and shareholder value creation'. The company reported revenues of €3bn and a loss before tax of €450m, which included acquisition costs. It has cut 28pc of Vodafone Spain's headcount since the deal went through last year. Mr O'Hare's pay deal makes him the best-paid chief executive of any London-listed company. Denise Coates, of Bet365, is currently the UK's best-paid chief executive, taking home £150m last year. The Sunday Times first reported the pay deals. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Fed gets fresh legal headache with lawsuit seeking to make FOMC rate meetings public
The Federal Reserve got a new legal headache Thursday when a money manager sued Chair Jerome Powell and other central bank policymakers in a Washington, D.C., federal court. The lawsuit alleges the Fed is violating a 1976 federal law by keeping its monetary policy meetings behind closed doors. Azoria Capital's lawsuit asks the court to issue a temporary restraining order compelling the Fed's Federal Open Market Committee (FOMC) to open its deliberations to the public starting Tuesday and Wednesday, when central bank policymakers gather in Washington to decide on their next interest rate move. This comes as the Fed is under pressure on several fronts by President Trump, highlighted by an unusual presidential visit to the central bank for a tour of the $2.5 billion refurbishment of its National Mall buildings. Trump and other administration officials have criticized the project for its cost overruns. Azoria Capital, the money manager bringing the new lawsuit against Powell and other members of the FOMC, is led by CEO James Fishback, who is close to the Trump administration and served as an adviser to the Department of Government Efficiency (DOGE). Last year, Fishback used Trump's Mar-a-Lago Club as the setting to announce an anti-DEI exchange-traded fund called the Azoria 500 Meritocracy ETF (SPXM), which began trading this month on the New York Stock Exchange. Azoria argues in its suit that "by operating beyond public scrutiny, the FOMC is deliberately undermining the public accountability envisioned by Congress," and that if a firm such as Azoria does not have real-time access to FOMC deliberations, it "cannot fully consider and protect itself against Federal Reserve policy shifts that can create volatility." Azoria also states in its suit that it "is deeply concerned that the FOMC, under Chair Jerome Powell, is maintaining high interest rates to undermine President Donald J. Trump and his economic agenda, to the detriment of American citizens and the American economy" and that the FOMC's current policy stance "appears politically motivated." Fishback made the administration aware of the suit before it was filed, according to a person familiar with the matter. The FOMC has not changed interest rates since Trump took office, as many policymakers argue that more time is needed to assess how Trump's trade policies will affect inflation. Trump has repeatedly hammered Powell and the Fed for this view, arguing that rates should be three percentage points lower. Investors don't expect the Fed to change rates at the meeting on July 29-30, although two Fed governors have said they could support a cut. Read more: What experts say about the possibility of additional rate cuts The Fed's current policy stance, according to Azoria's suit, "raises serious questions about whether politics, not economics, are driving monetary policy. These questions emphasize the need for transparency from the FOMC." The law in question cited by Azoria in its suit is the Government in the Sunshine Act of 1976, passed after President Richard Nixon's Watergate scandal roiled Washington and led to calls for increased transparency in the US government. The act requires federal agencies to keep their meetings open to the public. But it also allows for private meetings in cases covered as exemptions, including when the release of that information could be used in financial speculation. The Fed has cited that exemption in justifying why it holds closed meetings when discussing monetary policy. But Azoria says "not all FOMC deliberations inherently trigger financial speculation" and that the law states that to claim one of these exemptions, the agency must vote to invoke it and then, within one day, publish an explanation of why it made that decision. Azoria said the FOMC has "brazenly flouted this mandate" for five decades, holding nothing but closed meetings since 1977. "The FOMC's decades-long policy of blanket secrecy is unlawful." Alexis Keenan contributed to this article. Click here for in-depth analysis of the latest stock market news and events moving stock prices
