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.

JetBlue Nears Major Partnership to Expand Reach After Failed Mergers

JetBlue Airways is preparing to announce a strategic partnership with a larger U.S. airline in the coming weeks, aiming to expand its network and...

Pfizer Expands Cost-Cutting Plan, Beats Q1 Earnings Amid Declining Covid Sales

Pfizer reported better-than-expected first-quarter earnings while unveiling an expanded cost-cutting initiative aimed at stabilizing its business amid a continued drop in Covid-related revenue. While...

Novo Nordisk Expands Wegovy Access Through Telehealth Amid End of Compounding

Novo Nordisk announced that it will make its weight loss drug Wegovy available through telehealth platforms Hims & Hers Health, Ro, and LifeMD, as...

GM Reassesses 2025 Outlook and Halts Stock Buybacks Amid Tariff Concerns

General Motors reported strong first-quarter results, surpassing Wall Street expectations, but has paused future stock buybacks and is reassessing its 2025 financial guidance due...

Pfizer CEO Cites Tariff Uncertainty as Barrier to U.S. Investment

Pfizer CEO Albert Bourla expressed concerns on Tuesday over the uncertainty surrounding planned pharmaceutical tariffs, saying it is discouraging the company from increasing investments...

Oddity Tech Surpasses Expectations and Raises 2025 Forecast Amid Tariff Uncertainty

Oddity Tech, the parent company of Il Makiage and Spoiled Child, reported robust first-quarter results and raised its guidance for fiscal 2025, outperforming broader...

Starbucks Faces Sales Slump Amid Turnaround Strategy

Starbucks reported weaker-than-expected earnings for the fiscal second quarter, alongside a continued decline in same-store sales. Despite the disappointing results, CEO Brian Niccol expressed...

Amazon and Nvidia Discuss Energy Needs for AI Amid Growing Demand

Amazon and Nvidia recently addressed oil and gas executives in Oklahoma City, highlighting the need for an all-inclusive approach to powering artificial intelligence (AI)...

Economic Uncertainty Fuels Rise of Recession-Based Content Online

Amid growing economic concerns, Kiki Rough, a 28-year-old self-employed consultant, has turned to sharing her experience and knowledge of cooking affordable meals during tough...

TikTok’s Dominance in Short-Form Video: A Look at Competitors and Challenges

TikTok has rapidly become the dominant force in the short-form video market, amassing over 1.12 billion monthly active users globally since its global launch...

Consumer Spending Hesitates Amid Tariff Fears and Economic Uncertainty

Consumers in the U.S. are showing mixed reactions to tariffs, with some rushing to make purchases ahead of expected price hikes, while others hesitate...

More Americans Turn to Buy Now, Pay Later for Groceries Amid Economic Strain

A rising number of Americans are turning to buy now, pay later (BNPL) loans to cover everyday expenses like groceries, according to new data...

Airline Industry Faces Uncertainty as Domestic Travel Demand Slows

Airline CEOs are warning that demand for domestic travel in the U.S. may not be as strong as they initially expected for 2025, raising...

M&S Halts Online Orders After Cyber Attack, Shares Drop 5%

Marks & Spencer (M&S) temporarily halted online orders in the UK and Ireland following a cyber attack reported earlier in the week, a move...

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