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.
Business Aarav Shen -

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.
Culture Lynn Hatem -

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.
Europe Aarav Shen -

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.
Business Aarav Shen -

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.
Business Aarav Shen -
Latest

Waymo Expands Autonomous Vehicle Production with New Arizona Plant

Waymo, the self-driving unit of Alphabet, has announced plans to expand its autonomous vehicle capabilities by building Jaguar I-PACE and Zeekr vehicles equipped with...

Westpac CEO Optimistic About Australia’s Economic Recovery Amid Reduced Mortgage Stress

The CEO of Westpac, Australia's second-largest home lender, Anthony Miller, shared an optimistic outlook on the country's economic recovery, citing reduced mortgage stress and...

Taiwan Foreign Minister to Visit Texas to Boost Trade and AI Ties

Taiwan's foreign minister, Lin Chia-lung, is set to visit the U.S. state of Texas to attend a forum on artificial intelligence (AI) and to...

Hong Kong Freight Industry Hit Hard by U.S.-China Trade War

Hong Kong’s freight forwarding industry is facing significant challenges as the U.S.-China trade war continues to take a toll on global trade. Reports indicate...

OpenAI Set to Acquire Coding Tool Windsurf for $3 Billion

OpenAI has reportedly agreed to acquire the artificial intelligence-assisted coding tool Windsurf for approximately $3 billion, according to sources familiar with the deal. Although...

Market Sentiment Grows Cautious Amid U.S. Dollar Weakness and Trade Uncertainty

Investors have been easing off from their heavy selling of the U.S. dollar after the Taiwan dollar led a remarkable surge in Asian currencies...

DIY Watch Club Expands to Europe After U.S. Tariffs Hit

When Washington imposed higher tariffs and ended a de minimis rule that allowed low-value packages from Hong Kong and mainland China to enter the...

Elon Musk Moves Forward with Lawsuit Against OpenAI Over Control Transition

Elon Musk has confirmed his decision to proceed with a lawsuit against OpenAI, the artificial intelligence startup he co-founded, following a shift in the...

PwC Announces Layoffs of 1,500 Employees in the U.S. Amid Market Adjustments

PwC is laying off around 1,500 employees in the United States, which represents roughly 2% of its U.S. workforce. The company, which employs over...

Zalando Surpasses Expectations in Q1 with Strong Revenue and Customer Growth

Zalando, the European online fashion retailer, reported stronger-than-expected first-quarter results, driven by an increase in active customers and a positive start to the spring...

U.S. Dollar Struggles Amid Taiwan Dollar Surge and Trade Tensions

The U.S. dollar struggled to make gains on Tuesday as an unprecedented surge in the Taiwan dollar spilled over into other regional currencies, highlighting...

Philips Cuts Profit Forecast Amid U.S. Tariffs and Market Uncertainty

Philips, the Dutch healthcare technology company, has revised its profit margin forecast for 2025, citing the impact of U.S. tariffs on its products. The...

IBM Expands AI Presence with New Tools to Manage AI Agents

IBM has made a move to expand its presence in the competitive artificial intelligence market, unveiling new tools designed to assist customers in managing...

Shein and Temu Boost Digital Ads in Europe Amid U.S. Trade Challenges

Shein and Temu, two fast-fashion e-commerce platforms that primarily ship merchandise from China, have been shifting their digital advertising strategies in response to challenges...

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