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.

Chinese Firms Rapidly Adopt AI with Surge in Contracts for Large Language Models

Large Chinese firms have significantly ramped up their adoption of artificial intelligence (AI) this year, with a notable increase in contracts related to large...

Oracle Warns of Potential Revenue Impact from New Law Banning TikTok in the U.S.

Oracle has alerted investors to potential financial repercussions following the introduction of a new U.S. law that could ban TikTok unless its China-based owners...

Shanghai Henlius Biotech Shares Surge on Fosun Pharma’s $690 Million Privatization Offer

Shanghai Henlius Biotech, listed in Hong Kong, saw its shares surge 18.9% to a two-year high following an announcement that Fosun Pharma has offered...

Shareholder Support for SoftBank CEO Masayoshi Son Drops Amid Performance Concerns

Shareholder support for the reappointment of SoftBank Group Chief Executive Masayoshi Son has significantly declined to 79.22%, down from 95.93% a year ago. This...

China’s Premier Defends Green Technology Advancements Amid U.S. and EU Trade Accusations

China’s Premier Li Qiang addressed accusations from the U.S. and EU regarding unfair subsidies and market flooding with cheap green technologies during his speech...

Target Partners with Shopify to Expand Online Marketplace with Trendy Brands

Target has announced a collaboration with Shopify to bring new and trendy brands to its website, starting Monday. This partnership allows companies working with...

Paramount Global Increases Paramount+ Subscription Prices to Boost Business Turnaround

Paramount Global is raising the prices of its flagship streaming service, Paramount+, in an effort to turn around its business. Starting August 20, the...

Ferrari CEO Discusses Upcoming All-Electric Model and Future of the Brand

Ferrari’s all-electric model is over a year from launch, but early tests suggest it retains the signature driving traits and emotional impact of a...

Novo Nordisk Invests $4.1 Billion in New U.S. Plant to Boost Supply of Wegovy and Ozempic

Novo Nordisk announced plans to invest $4.1 billion in constructing a new manufacturing plant in Clayton, North Carolina. This initiative aims to enhance the...

Shein Eyes London IPO Amid U.S. Backlash Over Forced Labor Concerns

Shein, the fast fashion giant with strong ties to China, has confidentially filed for a public listing in London, according to a source familiar...

Oil Prices Edge Down Amid Dollar Strength and Interest Rate Concerns

Oil prices saw a slight decline on Monday due to renewed concerns over prolonged higher interest rates, which strengthened the dollar, balancing the support...

EU to Take Further Action Against Apple Over Digital Markets Act Compliance

The European Union is set to take further action against Apple on Monday in response to the company's compliance with the Digital Markets Act...

U.S. Prosecutors Recommend Criminal Charges Against Boeing Over 737 MAX Settlement Breach

U.S. prosecutors have recommended that senior Justice Department officials bring criminal charges against Boeing after determining the company violated a settlement related to two...

Australia Plans Billion-Dollar Fines for Supermarket Chains Violating Code of Conduct

Australia's federal government announced plans to impose billion-dollar fines on major supermarket chains that fail to comply with a mandatory industry code of conduct,...

- A word from our sponsors -

spot_img

Follow us

HomeBusiness