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.

U.S. Prosecutors and Boeing Meet as Deadline for Criminal Charges Approaches

U.S. prosecutors are currently engaging with Boeing and the families of victims from two fatal crashes as the July 7 deadline looms for the...

Atos Secures Debt Restructuring Agreement with Creditors

French technology company Atos has reached a preliminary agreement with its creditors to restructure its debt, as reported by the French business newspaper Les...

BIS Warns Rising Global Debt and Upcoming Elections Could Disrupt Financial Markets

The Bank for International Settlements (BIS) warned on Sunday that increasing government debt levels, coupled with numerous major elections this year, could unsettle global...

Navigating the New Alphabet of Electrified Vehicles: A Guide for Car Buyers

Purchasing a vehicle has never been easier, but shoppers entering dealer showrooms now face an alphabet soup of “electrified” vehicle options. As all-electric vehicle...

Fathom Events Thrives Amid Box Office Content Shortage

Fathom Events is experiencing unprecedented success amid a content shortage at the box office and increasingly selective audiences. The joint venture between AMC, Regal,...

Corporate World Takes Cautious Approach to Pride Month Amid Cultural Shifts

This year, corporations have approached Pride Month with increased caution. Traditionally marked by rainbow-themed merchandise and affirming ads, June sees companies celebrating the LGBTQ+...

Amazon Strengthens AI Capabilities by Hiring Adept’s Top Talent and Licensing Technology

Amazon is accelerating its artificial intelligence development by recruiting top talent from AI agent startup Adept and licensing the company's technology. Rohit Prasad, Amazon's...

Amazon AWS Increases Cloud Credits for Startups Amid Growing AI Competition

Amazon's AWS is doubling the value of cloud credits offered to some startups, aiming to bolster its position amid rising competition from Microsoft in...

Hong Kong’s Hydrogen Economy: Progress and Challenges in Transitioning to Zero Emissions

Hong Kong is making strides in developing a hydrogen economy, aiming to transition to zero emissions. In West Kowloon, the city’s first hydrogen-refuelling station...

U.S. Inflation Stagnates in May, Raising Prospects for Fed Rate Cuts

In May, U.S. monthly inflation remained unchanged as a slight rise in service costs was counterbalanced by the most significant drop in goods prices...

NASA and Boeing Extend Starliner’s First Crewed Flight for Additional Testing

NASA and Boeing announced an extension of the Starliner capsule's first crewed flight, delaying its return to Earth to conduct additional testing. The Starliner...

Nike Faces Uncertain Future as CEO John Donahoe’s Leadership Questioned

Nike's CEO, John Donahoe, is under increasing scrutiny after the company reported disappointing fiscal results, leading to a sharp decline in its stock price....

Pfizer’s Strategic Turnaround Amid Employee Uncertainty and Market Optimism

Pfizer experienced a remarkable first quarter, earning praise from Wall Street and CEO Albert Bourla during a companywide town hall. This came after a...

Global Stocks Soar in First Half of 2024 Amid AI Boom and Economic Optimism

Global stocks were poised to finish the first half of 2024 strongly, with investors eyeing crucial U.S. inflation data for indications on the timing...

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