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.

American Airlines and Union Fail to Reach New Contract Agreement

American Airlines and its flight attendants' union, the Association of Professional Flight Attendants (APFA), have not reached an agreement in their latest round of...

Nvidia’s Stock Surge: Investors Debate Future Prospects

Nvidia Corp's shares have seen a remarkable rally, leaving investors debating whether to sell, hold, or continue buying. Nvidia briefly became the largest U.S....

Japan’s Inflation Outlook Complicated by Energy Levies and Slow Core Inflation

Japan's core inflation accelerated in May due to increased energy levies, but an index excluding fuel slowed for the ninth consecutive month, according to...

Global Stocks Steady as Dollar Strengthens and Markets Await U.S. Business Surveys

Global stocks exhibited caution on Friday as the dollar reached multi-week highs, with markets anticipating U.S. business surveys to gauge whether the world's largest...

Darden Restaurants Reports Mixed Results Amid Challenging Market Conditions

Darden Restaurants reported mixed quarterly results on Thursday, with Olive Garden’s same-store sales declining for the second consecutive quarter. CEO Rick Cardenas attributed the...

Casual Dining Gains Ground as Fast-Food Prices Rise

Casual-dining chains are attracting customers frustrated with rising fast-food prices, according to Darden Restaurants CEO Rick Cardenas. While Darden itself hasn't benefited significantly from...

Gilead’s Lenacapavir Shot Shows 100% Efficacy in HIV Prevention Trial

Gilead’s experimental twice-yearly HIV prevention medicine, lenacapavir, has proven to be 100% effective in a late-stage trial, the company announced Thursday. An interim analysis...

SpaceX Launches Portable Starlink Mini for Mobile Satellite Internet

SpaceX has introduced a compact version of its Starlink antennas, branded as "Starlink Mini," designed for mobile satellite internet connectivity. According to a customer...

Dollar Recovers Amid Fed Rate Cut Speculation, Sterling Dips Before UK Inflation Data

The dollar regained some ground on Wednesday after weak U.S. retail sales data reinforced expectations of imminent Federal Reserve rate cuts. U.S. retail sales...

China’s 618 E-Commerce Festival Sees Lukewarm Response Amid Economic Concerns

China's mid-year e-commerce sales festival, the 618 festival, struggled to generate significant excitement among shoppers, according to industry experts. Major e-commerce platforms extended their...

Kaisa Group Chairman Returns to Mainland China for Debt Restructuring Talks

The chairman of the financially troubled Chinese developer Kaisa Group has returned to mainland China from Hong Kong for the first time in almost...

Ferrari’s First Electric Car to Debut at €500,000, Boosting Production Capacity

Ferrari's first electric car will be priced at a minimum of €500,000 ($535,000), according to a source familiar with the matter. This high price...

Trump Media & Technology Group Prepares for $247 Million Proceeds from Share Resale

Trump Media & Technology Group announced on Tuesday that the Securities and Exchange Commission (SEC) has declared effective the company's filing for the resale...

U.S. Retail Sales Slow in May, Manufacturing Output Rebounds

U.S. retail sales barely increased in May, with previous month data revised significantly lower, indicating sluggish economic activity in the second quarter. The Commerce...

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