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.

Spotify Shares Tumble on Weak Earnings and Guidance

Spotify shares fell more than 11% Tuesday, marking their worst single-day performance since July 2023. The sharp decline followed disappointing second-quarter results and weaker-than-expected...

Rare Earth Elements: A Strategic Battleground in the U.S.-China Trade War

Rare earth elements consist of 17 elements on the periodic table with unique atomic structures that grant them special magnetic properties. These materials are...

Meta Overhauls AI Strategy After Setbacks with Llama 4, Invests Billions in Talent and Tech

Meta’s attempt to compete with OpenAI by emulating innovations from a Chinese AI startup backfired, prompting a major overhaul of its artificial intelligence strategy....

Apple Launches Manufacturing Academy in Detroit to Boost U.S. Manufacturing Skills

Apple is responding to growing pressure to increase U.S.-based manufacturing by launching the Apple Manufacturing Academy in downtown Detroit. Scheduled to open in August,...

Cash App Launches Pools to Expand Peer-to-Peer Payments Beyond Its Network

Cash App, owned by Block, is taking a bold step to enhance its peer-to-peer payment services with the launch of Pools, a new feature...

Palo Alto Networks Explores $20 Billion Acquisition of CyberArk Amid Cybersecurity Boom

Shares of CyberArk surged 13% after reports emerged that Palo Alto Networks, a major player in cybersecurity, is considering a purchase of the identity...

Anthropic Eyes $3-5 Billion Funding Round at $170 Billion Valuation

Anthropic, a leading artificial intelligence startup and competitor to OpenAI, is currently in discussions to raise between $3 billion and $5 billion in a...

LG Energy Solution Signs $4.3 Billion Battery Supply Contract Amid U.S. Expansion

South Korea-based LG Energy Solution announced it has signed a $4.3 billion contract to supply batteries to a major corporation, though it has not...

HSBC Reports Q2 Profit Miss Amid Restructuring and Economic Challenges

Europe’s largest lender, HSBC, reported second-quarter profit that missed expectations, largely due to impairment charges related to a Chinese bank and lost income from...

Investors React to Tariff Impact as Key Company Earnings Disappoint

On Tuesday, earnings reports from several major companies highlighted the growing impact of tariffs on consumer behavior and the broader economy. Investors appeared to...

NFL Employee Seriously Injured in Midtown Manhattan Shooting; Suspect Linked to CTE Claim

NFL Commissioner Roger Goodell informed league employees that one of their colleagues was seriously injured in a shooting that took place Monday evening at...

Procter & Gamble Beats Estimates but Warns of $1 Billion Tariff Impact in 2026

Procter & Gamble reported quarterly results that exceeded Wall Street expectations, closing its fiscal 2025 with solid gains in sales and profits despite ongoing...

Boeing Narrows Losses as Aircraft Deliveries Reach Six-Year High

Boeing significantly narrowed its second-quarter losses and posted a sharp rise in revenue, reflecting the strongest aircraft delivery numbers since 2018. The aerospace company...

Walmart Partners with Major League Soccer Ahead of 2026 World Cup

Walmart has announced a multiyear partnership with Major League Soccer (MLS), marking a significant investment in the sport’s growing fanbase across the United States....

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