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.

China PMI Falls to 49.3 as Demand Softens and Services Retreat

China’s official PMIs slipped back into contraction in January, with manufacturing at 49.3 and non-manufacturing at 49.4, reflecting softer demand and holiday-season disruptions even as output stayed resilient.

Oil Edges Higher as Hormuz Risks Return and Traders Watch Diplomacy

Oil prices rebounded after a sharp drop as traders weighed Middle East maritime risks, renewed diplomatic signals, and supply concerns tied to Russia and OPEC+ policy.

Brazil Signals March Rate Cuts but Pledges to Keep Policy Restrictive

Brazil’s central bank held its benchmark rate at 15% and signaled easing could begin in March, while stressing it will keep policy restrictive until disinflation is secured and expectations are anchored.

Australia Lifts Cash Rate to 3.85% as Inflation Re-Accelerates

Australia’s central bank raised its cash rate target to 3.85% after inflation picked up in the second half of 2025, prompting lenders to lift variable mortgage rates in the days ahead.

Wall Street Shudders As Commodities Slide, With Gold And Silver Crashing From Record Highs

Commodities slumped as gold and silver plunged from record highs, with margin hikes and a stronger dollar amplifying the selloff and dragging global stocks into a broader risk-off move.

Gold Pulls Back From $5,550+ Highs Even As Safe-Haven Demand Stays Strong

Gold pulled back sharply after hitting record highs near $5,600 as profit-taking and a dollar rebound hit overheated trades, even as the metal remained on track for a historic monthly gain.

Bitcoin Slides Below $80,000 As Thin Liquidity And Fed-Policy Jitters Deepen The Crypto Selloff

Bitcoin fell below $80,000 as thin weekend liquidity and renewed concerns about Fed tightening and balance-sheet reduction triggered a broader crypto selloff that also pushed Ether sharply lower.

Wall Street Watches S&P 500 Near 7,000 As AI Optimism Keeps Rally Alive

The S&P 500 is hovering near 7,000 after its first intraday break above the milestone, fueled by AI optimism and rate-cut expectations as investors look to earnings and macro data for the next catalyst.

Chinese AI Powerhouses Moonshot AI and Alibaba Unveil Advanced Models, Challenging US Dominance

Alibaba-backed Moonshot AI and Alibaba itself have released advanced AI models, Kimi K2.5 and Qwen3-Max-Thinking, challenging U.S. rivals like OpenAI and Google in the global AI race.

Blue Origin Grounds Space Tourism Flights to Prioritize Lunar Mission Development

Blue Origin halts New Shepard space tourism flights for at least two years to focus on developing lunar landers for NASA's Artemis missions.

Washington Post Journalists Appeal Directly to Jeff Bezos Amid Layoff Fears

Washington Post journalists are appealing directly to owner Jeff Bezos to prevent newsroom cuts and layoffs, citing concerns about the paper's future and journalistic integrity.

Alibaba’s Cainiao Merges with Robovan Pioneer Zelos in $2 Billion Deal to Revolutionize Last-Mile Delivery

Alibaba's logistics arm, Cainiao, is merging with robovan developer Zelos Technology in a $2 billion deal to create Cainiao Robovan, a new entity focused on autonomous last-mile delivery solutions.

Alibaba’s Zhenwu 810E Chip Challenges Nvidia’s AI Dominance

Alibaba's T-Head unveils the Zhenwu 810E AI chip, challenging Nvidia's dominance and bolstering China's domestic semiconductor capabilities.

Jeff Bezos’ Earth Fund Invests $3.5 Million to Accelerate Nuclear Reactor Construction

Jeff Bezos' Earth Fund donates $3.5 million to the Nuclear Scaling Initiative to accelerate nuclear reactor construction in the U.S. through an innovative 'orderbook' model.

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