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.

Block Misses Expectations in First Quarter, Issues Disappointing Outlook

Block reported disappointing first-quarter results, with the company missing Wall Street’s expectations and offering a weak outlook for the remainder of the year. The...

Amazon CEO Andy Jassy Optimistic Amid Tariff Challenges and Forecasts

Amazon CEO Andy Jassy reassured investors during the company's first-quarter earnings call, expressing confidence that the retail giant could emerge from the current tariff...

Nvidia CEO Jensen Huang’s Pay Surge Reflects Company’s Massive Growth

Nvidia CEO Jensen Huang, who has amassed billions from his stake in the company, is seeing his first salary increase in a decade. According...

Apple CEO Discusses Impact of Trump Tariffs on Company Operations

Apple CEO Tim Cook addressed investors on the company’s second-quarter earnings call, revealing how the company has managed the impact of the Trump administration’s...

Venmo Outperforms Cash App in Peer-to-Peer Payments Market

In the competitive peer-to-peer payments market, Venmo is gaining traction, while Cash App is facing challenges. Both companies reported their quarterly earnings this week,...

Builders Vision Names Noelle Laing as Chief Investment Officer

Builders Vision, the family office of billionaire Walmart heir Lukas Walton, has promoted Noelle Laing to chief investment officer. The Chicago-based organization, known for...

U.S. Considers Modified Qatari 747 as Alternative to Delayed Air Force One

The United States is reportedly collaborating with L3Harris Technologies to convert a used Qatari government Boeing 747 into a potential replacement for the delayed...

Inside the World of High-Net-Worth Horse Investors at the Kentucky Derby

The 151st Kentucky Derby kicks off this Saturday, with the winner taking home $3.1 million from a $5 million purse. Among the crowd at...

CVS Health Beats Q1 Estimates and Raises 2025 Forecast Amid Insurance Gains

CVS Health reported stronger-than-expected first-quarter earnings and revenue, with improvements in its insurance division driving optimism and prompting an upward revision of full-year adjusted...

Eli Lilly Reports Q1 Revenue Surge Driven by Mounjaro and Zepbound Sales

Eli Lilly posted strong first-quarter results, exceeding analyst expectations for both revenue and earnings, largely driven by soaring demand for its diabetes and weight...

Amazon Revives Theatrical Movie Market with Major Film Investments

Amazon is reshaping the cinematic landscape with a significant push into theatrical releases, pledging to spend around $1 billion annually to produce 12 to...

GM Cuts 2025 Outlook Amid $5 Billion Tariff Impact

General Motors has revised its financial guidance for 2025, adjusting for a projected $4 billion to $5 billion negative impact from recently implemented auto...

U.S. Auto Sales Surge in April Ahead of Tariff-Driven Price Hikes

Automakers including Ford, Hyundai, and Kia experienced strong year-over-year growth in U.S. vehicle sales for April, as consumers accelerated their purchases to avoid anticipated...

Eli Lilly CEO Questions Need for Drug Tariffs Amid U.S. Manufacturing Push

Eli Lilly CEO Dave Ricks has expressed a willingness to support national security efforts by helping secure the U.S. supply of essential medicines, as...

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