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.

Chime Pays $33 Million to NBA’s Dallas Mavericks for Jersey Patch Sponsorship

Chime Financial, a fintech company based in San Francisco, has disclosed that it paid the Dallas Mavericks around $33 million over three years for...

eToro Sets IPO Price at $52 Per Share, Targets $4.2 Billion Valuation

eToro, the Israel-based stock brokerage platform that has increasingly focused on cryptocurrency, has priced its upcoming IPO at $52 per share. The company plans...

Samsung Acquires FläktGroup for €1.5 Billion to Expand HVAC Business

Samsung Electronics has announced its acquisition of FläktGroup, a German-based provider of advanced heating, ventilation, and air conditioning (HVAC) solutions, for €1.5 billion ($1.68...

Warren Buffett Recommends Documentary on Katharine Graham at 2025 Berkshire Meeting

At the 2025 Berkshire Hathaway annual meeting, Warren Buffett announced his upcoming retirement as CEO, a momentous event that captured global attention. Yet amid...

$100M New Jersey Deli Fraud: Coker Jr. Sentenced After Thai Prison Ordeal

Peter Coker Jr., a central figure in the $100 million New Jersey deli stock fraud case, was sentenced to 40 months in prison in...

Family Offices Face Talent Crunch Amid Rapid Growth in Wealth Management

Family offices are poised for significant growth as the ultra-wealthy seek more personalized ways to manage their assets. With an estimated 8,030 family offices...

Morrison Outdoors Impresses on Shark Tank but Investment Deal Falls Through

Seven years ago, Tavis Malcolm and his wife faced a challenge on a camping trip—they couldn’t find a proper sleeping bag for their newborn...

Microsoft Cuts 6,000 Jobs Globally in Organizational Restructuring

Microsoft has announced a significant restructuring effort that includes laying off approximately 6,000 employees, representing about 3% of its global workforce. The job cuts...

Spirit Airlines Introduces Premium Seating and Cardholder Perks in 2025 Strategy Shift

Spirit Airlines announced the rollout of new premium offerings aimed at attracting more upscale leisure travelers. The airline will begin installing an extra-legroom seating...

Hertz Shares Drop 17% Following Q1 Losses and $250 Million Stock Offering

Hertz Global shares fell sharply on Tuesday after the rental car company posted weaker-than-expected first-quarter earnings and announced a $250 million stock offering aimed...

YouTube to Stream NFL Week 1 Game for Free in Global First

YouTube will stream its first-ever full National Football League game live and for free on September 5, marking a significant milestone in sports broadcasting....

American Eagle Writes Down $75M in Inventory Amid Falling Sales

American Eagle has announced a $75 million inventory write-down tied to unsold spring and summer merchandise and has withdrawn its full-year guidance for fiscal...

Tech Stocks Soar $837 Billion After U.S.-China Tariff Pause

The so-called "Magnificent 7" group of major tech stocks saw a dramatic surge in market value, adding a combined $837.5 billion on Monday following...

U.S. Tariff Revenue Hits Record High in April Amid Soaring Customs Duties

Receipts from U.S. tariffs surged to a record high in April, as the financial impact of President Donald Trump’s trade measures began to materialize...

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