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.

Moderna’s Norovirus Vaccine in Late-Stage Trials Amid Rising Infections

Norovirus cases are surging across the U.S. this winter, but Moderna may soon offer a solution. The biotechnology company is conducting a large Phase...

AI Controversy Surrounds Oscar-Nominated Films The Brutalist and Emilia Pérez

Two of this year’s most-nominated films at the Academy Awards, The Brutalist and Emilia Pérez, have sparked debate over their use of artificial intelligence...

Nikola Stock Drops 27.8% Amid Reports of Potential Sale

Nikola Corporation saw its shares plunge 27.8% on Thursday following reports that the struggling electric truck manufacturer is considering selling parts or all of...

Boeing Faces $4 Billion Loss Amid Safety Crisis and Strike

Boeing is bracing for a significant financial setback, expecting a $4 billion loss for the fourth quarter of 2024. The aircraft manufacturer continues to...

Universal Prepares for “Wicked: For Good” with a Fresh Marketing Strategy

Universal is riding the wave of success from Wicked and preparing for the release of its sequel, Wicked: For Good, set to hit theaters...

American Express Reports Rising Card Spending Among Millennials and Gen Z

American Express reported an uptick in cardholder spending late last year, driven by millennials and Gen Z customers. In the fourth quarter, spending on...

Apple’s Parental Controls Face Limitations in Protecting Kids Online

Parents increasingly rely on Apple’s built-in parental controls to safeguard their children’s online experiences on iPhones, iPads, and Macs. However, recent findings suggest these...

FDA Approves Johnson & Johnson’s Spravato as Standalone Treatment for Depression

The Food and Drug Administration (FDA) has approved Spravato, Johnson & Johnson’s nasal spray treatment, as a standalone therapy for treatment-resistant depression (TRD). This...

Disney’s Moana 2 Joins Billion-Dollar Club, Extending Studio’s Box Office Dominance

Disney’s reign at the box office continues, as Moana 2 has officially surpassed $1 billion in global ticket sales over the Martin Luther King...

Goldman Sachs Introduces AI Assistant to Transform Banking Operations

Goldman Sachs has launched a generative AI assistant designed to support its bankers, traders, and asset managers, marking a significant step in the integration...

Netflix Raises Subscription Prices Again in the U.S. and Other Markets

Netflix is raising the cost of most of its U.S. subscription plans, marking another price hike as the company continues to boost revenue and...

China’s Industrial Robot Sales Face First Decline in Five Years

China’s industrial robot market is projected to experience its first decline in five years, with total deliveries in 2024 estimated at 300,000 units, a...

Foxconn Invests $82 Million in New EV Battery Plant in Zhengzhou

Foxconn Technology Group, a major Apple supplier, is investing 600 million yuan (US$82 million) into a new electric vehicle (EV) battery plant in Zhengzhou,...

Ant Group Restructures Alipay into Two Business Units for Growth

Ant Group, the fintech giant affiliated with Alibaba Group, has announced a significant reorganization of its mobile payment platform, Alipay. The company is splitting...

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