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

U.S. Existing Home Sales Decline in August Amid Tight Supply and High Prices

Sales of previously owned homes fell 2.5% in August compared to July, reaching a seasonally adjusted annualized rate of 3.86 million units, according to...

Disney to Phase Out Slack for Internal Communication After Data Breach

The Walt Disney Company has announced that it will discontinue the use of Slack for internal communications following a significant data breach earlier this...

Nike CEO Transition: Elliott Hill Takes Over from John Donahoe Amidst Strategic Restructuring

Nike has announced a leadership change, with CEO John Donahoe stepping down and company veteran Elliott Hill coming out of retirement to take over....

Microsoft and BlackRock Lead $100 Billion Initiative for AI Data Centers and Energy Infrastructure

Microsoft and BlackRock are leading a coalition of companies to raise up to $100 billion in a new initiative aimed at developing data centers...

Pharmaceutical Giants Invest in Radiopharmaceuticals for Cancer Treatment

Pharmaceutical companies are increasingly investing in radiopharmaceuticals, a promising technology that targets cancer cells with radioactive materials, aiming to reduce the damage to healthy...

Charter Communications Unveils “Life Unlimited” Initiative to Improve Customer Experience

Charter Communications, the parent company of Spectrum, is rolling out a series of new initiatives aimed at improving customer satisfaction and enhancing its service...

Flutter Entertainment Acquires Snaitech in $2.6 Billion Deal to Expand in Italy

Flutter Entertainment, the parent company of FanDuel, is set to acquire the Italian gambling company Snaitech from Playtech for $2.6 billion (2.3 billion euros),...

SpaceX Secures Major In-Flight Wi-Fi Deal with United Airlines, Expanding Starlink’s Reach

SpaceX's Starlink in-flight Wi-Fi service took a significant leap forward last week by securing a major deal with United Airlines. With this new partnership,...

Airlines See Higher Revenues as Travelers Face Increasing Airfares

Airlines are reporting better-than-expected unit revenues as the summer travel season comes to a close, indicating that travelers will likely face higher airfares in...

McDonald’s Extends $5 Value Meal to Win Back Budget-Conscious Consumers

McDonald’s is extending its popular $5 value meal into December in most U.S. markets in an effort to recapture lower-income consumers. Franchisees across the...

American Airlines Flight Attendants Approve New Contract with 20.5% Pay Raises

American Airlines flight attendants have approved a five-year labor contract, bringing an end to prolonged negotiations and securing substantial pay increases. The agreement, approved...

Jeep Targets 1 Million U.S. Sales by 2027 Amid Turnaround Efforts

Jeep, a prominent name in the SUV market, is targeting a significant recovery with a goal of reaching 1 million U.S. vehicle sales by...

United Airlines to Offer Free Inflight Wi-Fi with SpaceX’s Starlink

United Airlines announced it will offer free inflight Wi-Fi powered by SpaceX’s Starlink on its fleet of over 1,000 planes, marking the largest partnership...

Boeing Workers Strike After Rejecting Labor Contract, Halting Airplane Production

Boeing factory workers initiated a strike after midnight on Friday, halting production of the company's bestselling airplanes. The strike came after 94.6% of workers...

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