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.

Tiana’s Bayou Adventure to Open at Walt Disney World on June 28

Tiana’s Bayou Adventure, the reimagined Splash Mountain, is set to reopen on June 28 at Walt Disney World Resort in Orlando, Florida. This refurbishment...

Elliott Management Seeks Leadership Changes at Southwest Airlines with $1.9 Billion Stake

Activist hedge fund Elliott Management has acquired a $1.9 billion stake in Southwest Airlines and plans to advocate for leadership changes at the airline,...

UAW President Shawn Fain Under Investigation for Alleged Misconduct and Obstruction

United Auto Workers (UAW) President Shawn Fain is under investigation by Neil Barofsky, a federal court-appointed watchdog, according to a court filing on Monday....

FDA Panel Recommends Eli Lilly’s Alzheimer’s Drug Donanemab for Approval

A panel of independent advisors to the Food and Drug Administration recommended Eli Lilly’s Alzheimer’s drug donanemab on Monday, potentially paving the way for...

General Motors Announces New $6 Billion Stock Repurchase Program

General Motors (GM) announced a new $6 billion stock repurchase authorization approved by its board. This new buyback plan follows an accelerated $10 billion...

Warner Bros. Discovery Secures Exclusive U.S. Broadcast Rights for French Open Starting 2025

Warner Bros. Discovery's TNT Sports is set to become the exclusive U.S. broadcaster for the French Open, known as Roland-Garros, starting in 2025. The...

Oscar Health CEO Mark Bertolini Targets Employer Market for Future Growth

Mark Bertolini has steered Oscar Health toward profitability since becoming CEO a year ago. Now, he’s focusing on expanding the health insurer’s footprint in...

Spirit Airlines CEO Ted Christie Confirms No Chapter 11 Bankruptcy Plans Amid Recovery Efforts

Spirit Airlines CEO Ted Christie announced on Friday that the budget airline is not considering a Chapter 11 bankruptcy filing, expressing optimism about the...

High-Profile CEOs and Investors Bet Big on Cricket’s Rise in the U.S.

Cricket may not be as popular in the U.S. as it is elsewhere, but prominent CEOs and investors are determined to change that. With...

United Airlines Introduces Personalized Advertising on Seat-Back Screens

United Airlines has introduced a new media platform called Kinective Media, designed to deliver personalized advertisements to travelers through seat-back screens and its mobile...

FDA Expands Approval of GSK’s RSV Vaccine to High-Risk Adults Aged 50-59

The FDA has expanded the approval of GSK’s respiratory syncytial virus (RSV) vaccine, Arexvy, to include adults aged 50-59 who are at increased risk...

General Motors Leverages Costco Partnership to Boost EV Sales

General Motors (GM) has found a strategic ally in Costco Wholesale to help drive U.S. consumer interest in its new electric vehicles (EVs). By...

Synapse Bankruptcy Leaves $85 Million Shortfall, Over 100,000 Fintech Customers Affected

A court-appointed trustee has uncovered an $85 million shortfall between the funds held by Synapse's partner banks and the amounts owed to depositors. Synapse,...

Chinese Tech Firm Offers $140,000 in Weight Loss Incentives for Employees

A tech company in Shenzhen, Guangdong province, has garnered widespread acclaim on mainland social media for its innovative approach to employee wellness. Insta360 has...

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