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.

Fox to Launch Streaming Platform Fox One Ahead of NFL Season

Fox Corporation has announced plans to launch its new direct-to-consumer streaming service, named Fox One, ahead of the upcoming National Football League season. The...

GM Appoints Former Tesla and Aurora Executive Sterling Anderson as Chief Product Officer

General Motors has appointed Sterling Anderson as its new chief product officer, a strategic hire that underscores the automaker’s commitment to innovation across both...

Michael Jordan Joins NBC’s NBA Coverage as Special Contributor

NBC is set to bring NBA coverage back to its network this fall, and it's doing so with a major addition—basketball legend Michael Jordan....

Trump Administration Launches Task Force to Fix Newark Airport Telecom Failures

The Trump administration announced the formation of an emergency task force on Monday to tackle recent telecommunications disruptions at Newark Liberty International Airport. The...

Toy Stocks Surge as U.S. Temporarily Eases China Tariffs

Major toy manufacturers saw their shares soar on Monday following an announcement that the United States would temporarily ease tariffs on Chinese imports. The...

McDonald’s Plans to Hire 375,000 Workers Amid Summer Push and Political Strategy

McDonald’s announced a major hiring initiative this summer, aiming to recruit up to 375,000 workers across its U.S. restaurants. The news came during a...

Trump Signs Executive Order to Link U.S. Drug Prices to International Rates

President Donald Trump has signed an executive order directing federal agencies to pursue a “most favored nation” approach to prescription drug pricing. The policy...

Saudi Aramco Posts 5% Profit Drop as Oil Prices and Output Decline

Saudi Aramco reported a 5% decline in net profit for the first quarter of the year, reflecting the impact of subdued oil prices and...

US-China Financial Tensions Intensify Amid Investment Restrictions and Delisting Threats

In a dramatically shifting financial landscape, Chinese companies seeking funds from global investors are increasingly challenged by growing geopolitical tensions between China and the...

BMW, Toyota, Mercedes Recall Nearly 70,000 Cars in China Over Safety Risks

Nearly 70,000 vehicles are being recalled in China by major global car manufacturers including BMW, Toyota, and Mercedes-Benz due to safety-related issues, according to...

Jack Ma’s Surprise Appearance Reignites Alibaba Spirit During Strategic Shift

Jack Ma, founder of Alibaba, received an enthusiastic reception on Friday as he appeared at the company's annual AliDay celebration, an event that honors...

Temu Urges Chinese Sellers to Diversify Amid Rising US-China Trade Tensions

Over 1,000 Chinese merchants selling on the Temu platform gathered in Guangzhou on Friday for a five-hour event aimed at expanding their reach in...

Lei Jun Reflects on Challenges After Fatal Crash Involving Xiaomi EV

Xiaomi’s CEO and chairman, Lei Jun, recently shared that the past month has been the most difficult period since founding the company in 2010,...

Starbucks and Luckin Coffee Focus on Lower-Tier Cities Amid Challenges

In the face of sluggish consumption and fierce pricing competition, Starbucks and Luckin Coffee have managed to regain momentum by focusing on lower-tier cities...

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