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.

McDonald’s Posts Weak Q1 Sales as U.S. Traffic Declines Sharply

McDonald’s reported mixed results for the first quarter, revealing its sharpest domestic decline in same-store sales since the early months of the COVID-19 pandemic....

Trump’s Second Term Fuels Energy Uncertainty as Oil Prices Plummet

Just 100 days into President Donald Trump's second term, U.S. oil prices have declined more than 20%, slipping below the breakeven point for many...

CSL Assesses Tariff Exemptions for U.S.-Made Drugs Amid China-U.S. Trade Tensions

Australian biotechnology firm CSL Ltd has confirmed it is evaluating whether some of its U.S.-made medicines, particularly those used in surgical procedures, are included...

Aston Martin Balances Tariff Costs and Affirms 2025 Outlook Amid U.S. Strategy Shift

Aston Martin announced that it will adopt a balanced approach in managing the financial impact of newly imposed U.S. tariffs, splitting the associated costs...

Volkswagen Warns of Lower Profit Margins Amid Tariff Uncertainty

Volkswagen announced that its operating profit margin for the year will likely fall at the lower end of its projected 5.5% to 6.5% range....

Samsung Warns of Tariff-Driven Uncertainty Despite Solid First-Quarter Profit

Samsung Electronics issued a warning about increasing global trade uncertainties, noting that U.S. tariffs could dampen demand for products like smartphones and complicate future...

Markets Struggle as Tariff Warnings Weigh on Stocks and Oil Prices

Shares had a mixed performance on Wednesday as investors awaited crucial economic data that could shed light on the effects of U.S. President Donald...

Microsoft Affirms Commitment to European Laws Amid Big Tech Scrutiny

Microsoft's President, Brad Smith, reiterated the company’s respect for European laws, including the landmark Digital Markets Act, which seeks to limit the power of...

Hedge Funds Pull Back from European Stocks Amid Trade Concerns

In the largest sell-off of European stocks by hedge funds in a decade, investors pulled back significantly during March and April, according to a...

Trump Softens Auto Tariffs Amid Economic Concerns

President Donald Trump signed two executive orders to ease the impact of his auto tariffs, offering credits and relief from other levies on materials....

U.S. Economy Faces Slowdown Amid Trump’s Tariff Policies

The U.S. economy likely faced a slowdown or even contraction in the first quarter, impacted by a surge in imports as businesses sought to...

TikTok Dominates Short-Form Video Market Amid Growing Competition

TikTok’s dominance in the short-form video market is becoming increasingly apparent, with the app now boasting over 1.12 billion active users worldwide. Since its...

Meta’s AI Strategy Faces Tariff Risks and Investor Scrutiny

Meta’s plan to dominate the artificial intelligence (AI) market is being closely watched as the company prepares for its earnings report this week. A...

Fintech Stocks Face Uncertainty Ahead of Earnings Reports Amid Tariff Concerns

The upcoming earnings reports for PayPal, Block, and Affirm are generating investor anxiety as these fintech giants are closely tied to consumer spending, which...

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