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.
Business Aarav Shen -

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.
Culture Lynn Hatem -

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.
Europe Aarav Shen -

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.
Business Aarav Shen -

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.
Business Aarav Shen -
Latest

Nvidia Responds to Congressional Investigation Over H20 Chip Exports to China

Nvidia has responded to the growing scrutiny over its H20 chip exports to China, asserting that it fully complies with U.S. government regulations on...

TSMC Denies Reports of Joint Venture Talks with Intel Amid Chip Industry Challenges

Taiwan Semiconductor Manufacturing Company (TSMC) has firmly denied reports suggesting that it is in discussions with Intel about a potential chipmaking joint venture. CEO...

House Committee Investigates 23andMe’s Bankruptcy Filing and Data Security Concerns

The House Committee on Energy and Commerce is investigating 23andMe’s decision to file for Chapter 11 bankruptcy protection, raising concerns that the company’s sensitive...

FDA Approves Precision Neuroscience’s Brain Implant System for Clinical Use

Precision Neuroscience, a neurotech startup, achieved a major milestone on Thursday with the U.S. Food and Drug Administration’s approval of a core component of...

Global Payments Shares Drop 17% After Worldpay Acquisition and Issuer Solutions Sale

Shares of Global Payments dropped 17% on Thursday following its announcement that it will acquire Worldpay for more than $24 billion while also selling...

New Jersey Attorney General Sues Discord Over Child Safety Concerns

The New Jersey Attorney General has filed a lawsuit against Discord, accusing the company of misleading consumers about its child safety features on the...

Google Faces Major Antitrust Setback in Online Ad Market

Google is facing increasing legal challenges as a U.S. federal judge ruled the company holds illegal monopolies in the online advertising market. The ruling...

Etsy Highlights Local Sellers to Offset Impact of New Tariffs

Etsy is taking steps to help shoppers find and support local businesses as new U.S. tariffs threaten to raise the cost of imported goods....

Chagee Stock Jumps 15% in U.S. Market Debut as Tea Chain Eyes U.S. Expansion

Chagee, a rapidly expanding Chinese tea chain, saw its shares rise by 15% during its public debut on the Nasdaq under the ticker “CHA.”...

Eli Lilly’s Obesity Pill Shows Promising Results in Late-Stage Trial

Eli Lilly has announced encouraging results from the first of several late-stage trials of its daily obesity pill, orforglipron. The pill achieved the company’s...

Target Faces Backlash and Boycott Threats Over DEI Rollback

Target CEO Brian Cornell recently met with Rev. Al Sharpton in New York following criticism over the company’s decision to scale back its diversity,...

UnitedHealth Cuts Profit Forecast as Medicare Costs Surge, Sending Stock Plunging

UnitedHealth Group saw its stock drop 20% after it cut its annual profit outlook, citing a steep rise in medical costs tied to its...

IRS Loses Key Talent Amid Staffing Cuts, Jeopardizing High-Value Tax Investigations

Wesley Stanovsek was viewed as an ideal addition to the Internal Revenue Service when he joined in 2024. With Congress having recently approved $80...

American Express Sees Resilient Spending from Wealthy and Younger Cardholders

American Express reported continued strength in consumer spending during the first quarter of 2025, with a notable contribution from younger generations and its affluent...

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