Business

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Olivia Rodrigo Drops New Single ‘Drop Dead’ and Makes Surprise Coachella Appearance

Olivia Rodrigo releases her new single 'Drop Dead' and performs it live at Coachella, signaling a new romantic direction for her upcoming album.

Trump Organization Eyes Tbilisi Skyline with Ambitious New Skyscraper Project

The Trump Organization is planning a new luxury skyscraper in Tbilisi, Georgia, featuring a hotel and residences, as part of its international expansion strategy.

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Judge Halts Nexstar-Tegna Merger Amid Antitrust Fears

Federal judge blocks Nexstar-Tegna merger over antitrust concerns, halting the $6.2 billion deal pending a trial. State AGs and DirecTV celebrated the ruling.

Gap Raises Profit Outlook After Strong Old Navy Performance in Q2

Gap Inc. has raised its full-year profit outlook after reporting better-than-expected second-quarter results, driven largely by strong performance at its Old Navy brand. The...

General Motors Rebrands BrightDrop Vans Under Chevrolet to Boost Sales and Accessibility

General Motors (GM) is rebranding its all-electric BrightDrop commercial vans under the Chevrolet name in a strategic move aimed at increasing sales, accessibility, and...

Stephen Curry Signs Historic $62.6 Million Extension with Golden State Warriors

Stephen Curry, the NBA superstar, has agreed to a one-year, $62.6 million extension with the Golden State Warriors, as confirmed by his agent. This...

Lululemon Lowers Guidance After Q2 Revenue Miss and Botched Product Launch

Lululemon faced challenges in its fiscal second quarter, leading to its first revenue miss in over two years and a downward revision of its...

Ulta Beauty Misses Q2 Expectations, Lowers Full-Year Guidance Amid Sales Decline

Ulta Beauty's shares dropped 7% in extended trading on Thursday after the company missed second-quarter expectations and revised its full-year guidance downward. This marks...

Airlines Defer Aircraft Orders Amid Profit Challenges and Engine Issues

Airlines that once eagerly sought new jets are now shifting their strategies. Facing financial pressures and operational challenges, especially due to engine issues, several...

FDA Authorizes Novavax’s Updated Covid Vaccine for Emergency Use in Ages 12 and Up

The Food and Drug Administration (FDA) has granted emergency use authorization for Novavax's updated Covid-19 vaccine for individuals aged 12 and older. This approval...

HMD Global and Mattel Unveil Nostalgic Barbie-Themed Flip Phone

HMD Global, the company behind Nokia-branded phones, has teamed up with Mattel, the iconic toymaker, to introduce the HMD Barbie Phone. This pink feature...

Chinese Mother Suspects IVF Embryo Mix-Up After Seeing Look-Alike Child in Viral Video

A mother in China, surnamed Wang, sparked widespread attention after suspecting that a little girl seen in a viral video might have a biological...

Edgar Bronfman Jr. Competes for Paramount Global Stake, Proposes Keeping Shari Redstone Involved

Edgar Bronfman Jr. has made a $6 billion bid to acquire a controlling stake in Paramount Global, potentially allowing Shari Redstone, the current non-executive...

Restaurants Navigate Rising Costs with Surcharges Amid “Junk Fees” Debate

Lawmakers are intensifying efforts to eliminate “junk fees,” but restaurants are attempting to avoid being caught in the crossfire. In recent years, surcharges covering...

Boeing’s Starliner Capsule to Return Empty from ISS Due to Technical Issues

Boeing's Starliner capsule, currently docked at the International Space Station (ISS), will return to Earth without the NASA astronauts it delivered in early June,...

Mavericks and Pelicans Exit Regional Sports Networks Amidst Diamond Sports Bankruptcy

Fans of the Dallas Mavericks and New Orleans Pelicans are anticipating a new way to watch local games as the upcoming NBA season approaches....

Surge in Crypto Millionaires: Global Count Nearly Doubles Amidst Rising Bitcoin ETFs

The population of crypto millionaires around the world has soared by 95% over the past year, with the number of individuals holding more than...

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