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.

Hong Kong Banks Offer Exclusive Incentives to Attract Mainland Chinese Wealthy Clients

Hong Kong banks are intensifying their efforts to attract wealthy mainland Chinese clients, offering a range of incentives such as tickets to high-profile football...

U.S. Employment Growth Expected to Slow in April Amid Tariff Uncertainty

U.S. employment growth is expected to slow down in April, with the jobless rate remaining steady, reflecting a healthy yet moderating demand for labor....

Temu Adjusts Business Model in the U.S. Amid Tariff Changes and Policy Shifts

Temu, the shopping platform owned by Chinese e-commerce giant PDD Holdings, has adjusted its business model in the U.S. in response to retaliatory tariffs...

Australian Dollar Leads Gains as U.S.-China Trade Talks Boost Market Sentiment

The Australian dollar led the charge against the U.S. dollar on Friday, boosted by signals of a potential thaw in trade relations between the...

Oil Prices Rise Slightly on U.S.-China Trade Talk Hopes Amid OPEC+ Supply Concerns

Oil prices saw a slight uptick on Friday following news that China was open to discussing tariffs with the United States, fueling optimism that...

Chinese Car Manufacturers Adapt to EU Tariffs with Increased Sales of Plug-in Hybrids

Chinese automakers, including BYD and Chery, have ramped up sales of plug-in hybrid vehicles (PHEVs) in the European Union as a strategy to bypass...

JetBlue Pilot Union Opposes Domestic Partnership with United Airlines

JetBlue Airways is facing opposition from its pilot union over a proposed domestic partnership with another airline, which the union argues could significantly alter...

Trade Tensions and Global Markets: De-Escalation Hopes Boost Risk Sentiment

Markets were given a boost on Friday by the prospect of de-escalation in trade tensions between Beijing and Washington, lifting global stocks and improving...

Basel Committee Defends Swiss Bank Capital Rules Amid UBS Concerns

The head of the Basel Committee on Banking Supervision, Neil Esho, defended Switzerland's current bank capital rules, countering claims by UBS that tougher regulations...

Standard Chartered Reports 10% Profit Rise Despite Geopolitical Concerns

Standard Chartered reported a 10% rise in its first-quarter profit, driven by strong performances in wealth, markets, and other fee-based businesses, which helped offset...

Danske Bank Reports Strong Q1 Profits and Resilient Nordic Market Outlook

Danske Bank, Denmark’s largest lender, reported better-than-expected first-quarter profits, which boosted its shares. The bank’s net profit for the period between January and March...

Carlyle Group Sells 10.44% Stake in PNB Housing Finance via Block Deals

The Carlyle Group, a U.S.-based private equity firm, has divested its entire 10.44% stake in India’s PNB Housing Finance through a series of block...

Mitsubishi Corporation Predicts 26% Drop in Profit for Fiscal Year Ending March

Mitsubishi Corporation, Japan’s prominent trading house, announced on Friday that it expects its net profit for the fiscal year ending March to decrease by...

Capital A Eyes Hong Kong Listing to Boost Global Capital Access Post-Recovery

Malaysia's Capital A, the parent company of low-cost airline AirAsia, announced that it is actively exploring a potential listing on the Hong Kong Stock...

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