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.

3M Increases Annual Profit Forecast Amid Restructuring and High-Demand Sectors

Industrial conglomerate 3M has raised the lower end of its annual adjusted profit forecast, thanks to successful restructuring efforts and growing demand in high-tech...

LinkedIn Settles Class Action Lawsuit Over Inflated Video Ad Metrics for $6.625 Million

LinkedIn has agreed to a $6.625 million settlement to resolve a proposed class action lawsuit that accused the Microsoft-owned unit of overcharging advertisers by...

Nasdaq Leads Wall Street Gains as Tech Stocks Rebound and Inflation Data Aligns with Expectations

Wall Street’s primary indexes opened higher on Friday, with the Nasdaq Composite taking the lead as most megacap tech and chip stocks rebounded from...

U.S. Inflation Moderates in June, Raising Hopes for September Rate Cuts

U.S. prices rose modestly in June as the cost of goods fell, balancing an increase in service prices. This indicates an improving inflation landscape...

Viking Therapeutics Advances Weight Loss Injection to Late-Stage Trial, Shares Surge 28%

Shares of Viking Therapeutics surged by 28% on Thursday following the biotech company’s announcement that it will advance its experimental weight loss injection, VK2735,...

Southwest Airlines Overhauls Business Model with Assigned Seating and Extra Legroom

Southwest Airlines is set to implement the most significant changes to its business model in 53 years by introducing assigned seating and extra legroom...

Ford Leads Decline in U.S. Automotive Stocks Amid Disappointing Earnings

Ford Motor Company is leading a significant decline in major U.S. automotive stocks this week following disappointing earnings results and growing investor skepticism regarding...

Boeing’s Starliner Mission Extended: NASA and Boeing Address Issues Before Return

Boeing’s crew spacecraft, Starliner, will stay docked with the International Space Station (ISS) into August, NASA confirmed on Thursday. The mission, which is currently...

Deadpool & Wolverine Set to Break Box Office Records with R-Rated Marvel Cinematic Universe Debut

The “Merc with a Mouth” returns to the big screen this weekend, bringing an R-rating to Disney’s Marvel Cinematic Universe. "Deadpool & Wolverine," the...

General Motors Unveils 2025 Chevy Corvette ZR1: Most Powerful Corvette Yet

General Motors’ latest Chevrolet Corvette will be the most powerful version of the iconic American sports car ever produced. The 2025 Chevy Corvette ZR1...

LVMH Becomes First Luxury Brand to Sponsor the Olympics

For the first time, a luxury brand has become an official Olympic sponsor, and it's none other than the extensive empire of LVMH. "We...

Bristol Myers Squibb Q2 Earnings Exceed Expectations, Raises 2024 Guidance

Bristol Myers Squibb reported impressive second-quarter earnings and revenue, surpassing Wall Street expectations and leading to an increase in its full-year guidance. The pharmaceutical...

Regulatory Concerns and Market Dynamics Shape Future of Media Mergers

Comcast CEO Brian Roberts recently conveyed a clear message to Warner Bros. Discovery CEO David Zaslav: acquisitions are not on his agenda. During Comcast’s...

Paris Olympics: A Golden Opportunity for Peacock to Shine

The Paris Olympics present a significant opportunity for Comcast to elevate its streaming platform, Peacock, aiming not only to attract more subscribers but also...

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