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.
Business Aarav Shen -

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.
Culture Lynn Hatem -

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.
Europe Aarav Shen -

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.
Business Aarav Shen -

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.
Business Aarav Shen -
Latest

Canadian National Railway Workers to Return as Government Intervenes in Rail Stoppage

Workers at Canadian National Railway (CN) are set to return to work on Friday, following a government move to end an unprecedented rail stoppage...

Commonwealth Bank of Australia Lowers Mortgage Rates Amid Growing Market Competition

Commonwealth Bank of Australia (CBA), the nation’s largest lender, announced a reduction in interest rates on select home loan products for new customers on...

Tabcorp Fined A$4.3 Million for Repeated Breaches of Gambling Harm Prevention Laws

Australian wagering company Tabcorp has been fined A$4.3 million ($2.89 million) by the Victorian Gambling and Casino Control Commission (VGCCC) for repeated violations of...

Japan’s Core Inflation Accelerates, Raising Questions for Central Bank’s Future Rate Hikes

Japan's core inflation rate continued its upward trajectory in July, marking the third consecutive month of acceleration, according to data released on Friday. The...

Investors Flock to Money Market Funds Ahead of Anticipated Fed Rate Cuts

Investors funneled $37 billion into money market funds (MMFs) in the week leading up to Wednesday, according to Bank of America, as they positioned...

China’s Central Bank Subtly Intervenes to Prevent Rapid Yuan Appreciation

After months of attempting to stabilize a declining yuan, China's central bank now faces the challenge of preventing the currency from appreciating too rapidly....

Airlines Increasing Flights Over Afghanistan Amid Middle East Conflict

Several major airlines, including Singapore Airlines, British Airways, and Lufthansa, have significantly increased their flights over Afghanistan, deeming it a safer route amid the...

U.S. Postal Service Plans $30 Billion Savings with Operational Changes

The U.S. Postal Service (USPS) announced plans to implement a series of changes designed to save the agency an estimated $30 billion over the...

Chinese Entities Use U.S. Cloud Services to Access Advanced AI Chips and Technology

Chinese state-linked entities are leveraging cloud services provided by Amazon and other U.S. tech giants to gain access to advanced AI chips and technologies...

Fed Chair Jerome Powell to Address Economic Outlook at Jackson Hole Amid Anticipated Rate Cuts

U.S. economic indicators are paving the way for the Federal Reserve to begin cutting interest rates, with financial markets aligned for the first move....

NWSL and Players Association Abolish Draft, Introduce Full Free Agency in Historic Agreement

In a groundbreaking move for professional sports in the United States, the National Women’s Soccer League (NWSL) and the NWSL Players Association have agreed...

Walmart+ Partners with Burger King to Offer Exclusive Discounts and Free Whoppers

Walmart has unveiled a new partnership with fast-food giant Burger King, offering Walmart+ members significant savings on their favorite flame-grilled meals. Starting in September,...

Peloton Introduces $95 Activation Fee for Used Equipment as Secondary Market Grows

Peloton has announced the implementation of a one-time $95 activation fee for new subscribers who purchase its fitness equipment through secondary markets such as...

Peloton Narrowly Returns to Revenue Growth, Cuts Losses Significantly

Peloton announced a modest return to revenue growth in its fiscal fourth quarter, marking the first year-over-year sales increase in nine quarters. The connected...

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