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.

Australia Demands Internet Industry to Protect Children from Inappropriate Content

Australia has issued a six-month ultimatum to the internet industry to create an enforceable code that prevents children from accessing pornography and other inappropriate...

German Companies Turn to Solar Power Amid High Energy Costs and Incentives

Philip Matthias spent months persuading his father to install solar panels on their company's roof in Thuringia, eastern Germany. Initially skeptical about the 2.3-million-euro...

Rio Tinto Negotiates with Workers at Oyu Tolgoi to Prevent Further Strikes Over Wage Cuts

Global mining giant Rio Tinto is currently in negotiations with workers at its Oyu Tolgoi copper operations in Mongolia to prevent further industrial action...

Investigation Reveals Child Labor at Indian Distillery, Government Takes Action

An investigation by the National Commission for Protection of Child Rights revealed that children aged between 13 and 17 were working at a Som...

Tesla Faces Challenges with Declining Deliveries and Growing Competition

Tesla is expected to report a 6% decline in June-quarter deliveries, marking the first instance of two consecutive quarters of decline for the leading...

U.S. Dollar Hits 38-Year High Against Yen Amid Treasury Yield Surge

The U.S. dollar surged to a near 38-year high against the yen on Tuesday, driven by a sharp increase in Treasury yields as investors...

AI-Driven Stock Surge Draws Comparisons to Dotcom Bubble

A recent surge in U.S. stocks, driven by excitement over artificial intelligence (AI), is drawing comparisons to the dotcom bubble of two decades ago....

BYD’s Q2 EV Sales Surge by 21%, Closing Gap with Tesla

China’s BYD (002594.SZ) recorded a 21% increase in electric vehicle (EV) sales during the second quarter, narrowing the gap with Tesla (TSLA.O). According to...

Boeing to Acquire Spirit AeroSystems in $8.3 Billion All-Stock Deal

Boeing announced on Monday its plans to acquire fuselage manufacturer Spirit AeroSystems in an all-stock transaction valued at $8.3 billion, including Spirit’s debt. The...

Starbucks Introduces New System to Improve Order Efficiency and Customer Experience

Starbucks cafes across the country are implementing significant changes to improve order efficiency and reduce wait times, anticipating a surge in mobile app orders....

Boston Celtics Ownership Group Announces Sale Amid Rising Valuations

The Boston Celtics’ ownership group has announced plans to sell the team, as confirmed in a statement posted on the Celtics’ social media account....

Paramount Global Explores Streaming Service Merger Amid Industry Consolidation

Paramount Global is actively engaging in discussions to merge its Paramount+ streaming service with another platform, a move that could potentially trigger a new...

Over a Quarter of Hong Kong Companies Plan to Downsize Office Space Amid Economic Uncertainty

Over a quarter of Hong Kong companies are looking to reduce their office space this year, according to a recent survey by property consultancy...

Zhihu Launches Generative AI Feature to Enhance User Experience

Zhihu, China’s popular question-and-answer platform akin to Quora, has introduced a new generative artificial intelligence (AI) feature named Zhida, which translates to “direct response”...

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