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.

Pinterest Surpasses Expectations in Q1 Earnings, Shares Jump 15%

Pinterest shares soared 15% in after-hours trading following the release of its first-quarter earnings, which exceeded expectations and offered an optimistic outlook for the...

Affirm Posts Strong Profits but Lower Revenue Guidance, Shares Drop

Affirm, a leader in the buy now, pay later (BNPL) market, reported stronger-than-expected earnings for the prior quarter but issued a revenue forecast for...

Lyft Boosts Share Buyback and Posts Strong Q1 Earnings

Lyft shares rose 7% after the company revealed it would boost its share buyback program to $750 million in its first-quarter earnings report. Following...

Ex-CEO of Celsius Network Sentenced to 12 Years for Fraud

Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of...

SMIC Q1 Earnings Miss Estimates, Shares Drop Amid Production Challenges

Shares of Semiconductor Manufacturing International Corporation (SMIC), China’s largest contract chipmaker, dropped nearly 7% on Friday after its first-quarter earnings fell short of expectations....

Rivian Adjusts 2025 Targets Amid Tariffs, Surpasses Q1 Expectations

Rivian Automotive exceeded Wall Street expectations for the first quarter, yet it has adjusted its 2025 guidance for vehicle deliveries and capital expenditures due...

Banks Reluctant to Reverse Credit Card Fee Hikes After CFPB Rule Defeat

After a Consumer Financial Protection Bureau (CFPB) rule was overturned in federal court, banks have been hesitant to reverse the interest rate hikes and...

Disney’s Q2 Earnings Exceed Expectations, Fueled by Strong Disney+ Growth

Disney reported strong fiscal second-quarter earnings, surpassing Wall Street expectations, thanks to a surge in subscribers for its Disney+ streaming service. The company raised...

Used Vehicle Prices Surge Amid Tariff Concerns, Reaching New Heights

Used vehicle prices saw a significant surge last month, reaching their highest point since October 2023, as consumers rushed to purchase vehicles amid concerns...

Netflix Redesigns Homepage to Improve Search and User Experience

Netflix introduced a revamped homepage experience on Wednesday, aiming to make content discovery easier and more enjoyable for its members. The redesign focuses on...

Investors Sue UnitedHealthcare Over Misleading Earnings Outlook After CEO’s Death

A group of investors filed a class action lawsuit against UnitedHealthcare Group on Wednesday, alleging that the company misled them following the fatal shooting...

Serena Williams and Alexis Ohanian Teach Daughter the Value of Money

Serena Williams and Alexis Ohanian, despite their considerable wealth, are committed to teaching their 7-year-old daughter Olympia the value of hard work and financial...

U.S. Resumes Collections on Defaulted Student Loans, Affecting Borrowers

The U.S. Department of Education has resumed its efforts to collect on defaulted student loans, ending a five-year pause since the start of the...

China’s Exports Surge in April Despite U.S. Tariffs

China's exports saw a significant rise in April, increasing 8.1% from the previous year, according to official data. This surge came despite a sharp...

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