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.

Richmond Fed President Barkin Holds Firm on Monetary Policy Despite Weak Jobs Data

Richmond Federal Reserve President Thomas Barkin stated that he is not ready to alter his monetary policy outlook despite the unexpectedly weak U.S. jobs...

U.S. Justice Department Sues TikTok Over Children’s Privacy Violations

The U.S. Justice Department filed a lawsuit on Friday against TikTok and its parent company ByteDance for failing to protect children's privacy on the...

U.S. Unemployment Rate Rises to Near Three-Year High, Sparking Recession Fears

The U.S. unemployment rate jumped to 4.3% in July, reaching its highest level in nearly three years and fueling concerns about a potential recession....

U.S. Stocks Decline Amid Recession Fears and Weak Jobs Report

U.S. stocks experienced a significant sell-off for the second straight session on Friday, as the Nasdaq Composite entered correction territory. The downturn was triggered...

Eli Lilly’s Zepbound Shows Promise in Treating Heart Failure with Obesity

Eli Lilly’s weight loss drug Zepbound has shown significant benefits in patients with a common type of heart failure and obesity, according to late-stage...

Kohl’s Revitalizes Retail with Babies R Us Shops in Time for Fall

WOODLAND PARK, N.J. — Kohl’s is gearing up for a significant expansion by introducing Babies R Us shops within its stores nationwide, with plans...

Venu Streaming Service to Launch at $43 Per Month, Aimed at Cord-Nevers

This fall, Disney, Fox, and Warner Bros. Discovery are set to launch Venu, a new streaming service priced at $42.99 per month. This pricing...

New Funding Boosts USA Women’s Sports Ahead of 2024 Paris Olympics

The 2024 Paris Olympics are drawing substantial new investments for lesser-known sports and women’s teams, with the USA women’s rugby sevens, water polo, and...

DraftKings Introduces Surcharge on Winning Bets in High-Tax States

DraftKings, a leading mobile betting company, is set to introduce a surcharge on winning bets in states with high sports betting tax rates, aiming...

Jeff Bezos’ Latest Investment Focus: Artificial Intelligence

Jeff Bezos has been making waves with his extravagant purchases, such as a $165 million estate in Los Angeles and a $177 million property...

NASA Debates Returning Astronauts on Boeing’s Starliner Amid Safety Concerns

NASA management is currently in extensive discussions about whether to bring back astronauts Butch Wilmore and Suni Williams on Boeing’s Starliner capsule or use...

Delta CEO Offers Employees Free Travel Passes After Major Disruptions

Delta Air Lines CEO Ed Bastian on Friday extended an offer of two free travel passes to employees in recognition of their efforts during...

Eli Lilly’s Weight Loss and Diabetes Drugs Now Fully Available in U.S.

All doses of Eli Lilly’s highly popular weight loss injection Zepbound and diabetes drug Mounjaro are now available in the U.S., according to a...

Mortgage Rates Drop Significantly Amid Weak Jobs Report

The average rate for the popular 30-year fixed mortgage dropped by 22 basis points to 6.4% on Friday, according to Mortgage News Daily, marking...

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