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.

Samsung’s HBM3 Chips Cleared for Nvidia’s China-Focused GPUs

Samsung Electronics' fourth-generation high bandwidth memory (HBM3) chips have been approved by Nvidia for use in its processors for the first time, according to...

LG Energy Solution Explores Chinese Partnerships for Low-Cost EV Batteries in Europe

South Korea's LG Energy Solution (LGES) is negotiating with three Chinese suppliers to produce cost-effective electric vehicle (EV) batteries for the European market. This...

Elon Musk Polls Social Media on $5 Billion Tesla Investment in AI Startup xAI

Tesla CEO Elon Musk recently launched a poll on social media platform X to gauge user opinion on whether the electric carmaker should invest...

European Markets Brace for Volatility Amid Earnings Reports and Economic Data

A sales miss by luxury giant LVMH, attributed to restrained spending by Chinese shoppers, coupled with disappointing results from major U.S. tech firms Tesla...

UPS Lowers 2024 Revenue Forecast Amid Q2 Earnings Miss and Volume Shifts

United Parcel Service (UPS) reported lower-than-expected profit and revenue for the second quarter and adjusted its 2024 revenue guidance. The company's stock fell 12%,...

Coca-Cola Raises 2024 Outlook Amid Rising Global Demand

Coca-Cola announced on Tuesday an upward revision to its full-year outlook for 2024, driven by increased global demand in the second quarter. The beverage...

GM Delays Electric Truck Plant and Buick’s First EV, Revises Production Goals

General Motors (GM) announced a six-month delay in retooling its electric truck plant in Michigan, pushing the timeline to mid-2026. This delay means GM...

New Bipartisan Bill Targets Drug Supply Chain Middlemen to Lower Prescription Costs

Bipartisan lawmakers have introduced the “Pharmacists Fight Back Act,” targeting the business practices of drug supply chain middlemen known as pharmacy benefit managers (PBMs)....

US Home Sales Drop 5.4% in June as Market Shifts to Buyers’ Favor

Sales of previously owned homes fell 5.4% in June compared to May, totaling 3.89 million units on a seasonally adjusted, annualized basis, according to...

Woman Loses Life Savings in Real Estate Wire Fraud, Recovers Funds After Six Months

Rana Robillard, after a yearlong search, was thrilled to secure a home in Orinda, California. In late January, her mortgage broker emailed instructions to...

European and Global Markets Overview: Leftist Gains in France and Fed Rate Cut Speculation

A look ahead in European and global markets reveals significant developments from the French elections and anticipation of Federal Reserve actions. Initial concerns over...

Samsung Electronics Workers Strike for Better Pay and Conditions

Samsung Electronics workers have initiated a three-day strike demanding better pay, additional annual leave, and changes to the employee bonus system. The National Samsung...

Skydance Media and Paramount Global Merge in $8.4 Billion Deal

Skydance Media and Paramount Global have announced a merger, marking a significant shift for one of Hollywood's oldest studios. The two-step process involves Skydance...

Boeing Pleads Guilty to Criminal Fraud, Agrees to $243.6 Million Fine

Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million, resolving a U.S. Justice Department...

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