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.

American Airlines Withdraws 2025 Guidance Amid Weak Leisure Demand and Economic Uncertainty

American Airlines has withdrawn its financial guidance for 2025, citing increasing economic uncertainty and a notable decline in domestic leisure travel. The decision places...

Hasbro Braces for $300M Impact From China Tariffs, Eyes Supply Chain Shift

Hasbro, the iconic toy maker behind brands like Play-Doh and Monopoly, reported stronger-than-expected earnings, but investor attention remained fixed on the escalating trade tensions...

U.S. Spirits Exports Hit Record $2.4 Billion Amid Trade Uncertainty

U.S. spirits exports surged to a record $2.4 billion in 2024, marking a significant rebound as distillers regained lost market share following the removal...

U.S. Home Sales Slide in March Amid High Mortgage Rates and Economic Worries

The spring housing market is off to a sluggish start, largely impacted by elevated mortgage rates and broader economic concerns. Sales of previously owned...

Tariffs Push Consumer Companies to Cut Forecasts Amid Economic Uncertainty

Consumer companies across various sectors are cutting their financial forecasts as tariffs continue to raise costs and dampen consumer sentiment. Major players, including Procter...

BMW to Integrate DeepSeek AI in China-Made Vehicles Starting This Year

BMW has announced plans to incorporate artificial intelligence developed by Chinese startup DeepSeek into its new vehicle models in China beginning later this year....

Porsche to Launch China-Exclusive Infotainment System in 2026

Porsche has announced it will introduce an exclusive infotainment system designed specifically for the Chinese market in 2026, a move that underscores the luxury...

Mercedes-Benz Urges EU-China Cooperation on EV Tariffs

Mercedes-Benz CEO Ola Källenius has voiced strong support for a collaborative and balanced approach to resolving trade tensions between the European Union and China...

Lynk & Co 900 Garners Over 40,000 Pre-Orders Before Launch

Chinese automaker Lynk & Co, a brand under the Geely Auto Group, revealed during the Shanghai Auto Show that its forthcoming 900 model has...

Akzo Nobel Reports Q1 Profit Beat Amid Tariff Concerns

Akzo Nobel, the Dutch company behind Dulux paints, reported stronger-than-expected first-quarter profits while maintaining that the ongoing tariff dispute between the United States and...

Zhipu AI Expands Globally with Alibaba Cloud Partnership Amid IPO Plans

China’s Zhipu AI is intensifying its international presence through a strategic partnership with Alibaba Cloud, as the artificial intelligence startup sets the stage for...

BP Faces Potential Share Buyback Cuts Amid Oil Price Pressures

BP is facing increasing scrutiny from investors and analysts amid concerns that the energy giant may be forced to scale back or suspend its...

GAC Commits to Safety Responsibility for Level 4 Autonomous Vehicles

Guangzhou Automobile Group (GAC), one of China’s prominent automakers, has announced its commitment to assuming full responsibility for the safety of Level 4 autonomous...

Cathay Pacific Anticipates Drop in China-U.S. Cargo Demand Amid Tariff Shifts

Cathay Pacific Airways, one of Asia’s leading air freight operators, has expressed concerns about a potential downturn in air cargo demand between mainland China...

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