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

SAFE Bet Act Introduced to Regulate U.S. Sports Gambling Amid Concerns

In response to the rapid expansion of sports gambling across the United States, lawmakers Rep. Paul Tonko (D-N.Y.) and Sen. Richard Blumenthal (D-Conn.) have...

Alzheimer’s Patients Hope for More Time as Leqembi Offers New Treatment Option

Leqembi, a new Alzheimer’s treatment developed by Biogen and Eisai, is offering hope to patients in the early stages of the disease by slowing...

Nelson Peltz Steps Down as Wendy’s Chairman After 17 Years

Nelson Peltz has stepped down as chairman of Wendy’s, ending a 17-year tenure at the fast-food chain. The company announced that Peltz’s departure is...

Big Lots Files for Bankruptcy Amid High Interest Rates and Sluggish Housing Market

Discount home goods retailer Big Lots has filed for Chapter 11 bankruptcy protection, citing the impact of high interest rates and a sluggish housing...

Goldman Sachs to Take $400M Hit as It Unwinds Consumer Business

Goldman Sachs is set to report a pretax loss of approximately $400 million in its third-quarter earnings as the bank continues to exit its...

DirecTV and Disney Carriage Dispute Threatens NFL Monday Night Football for Millions of Viewers

Millions of DirecTV customers may miss the NFL's opening Monday Night Football game on ESPN as a deal with Disney, which owns ESPN, remains...

Beijing Times Clarifies Independence: No Ties to the Chinese Government, Ending Global Political Coverage

In light of recent events and concerns, Beijing Times has made the decision to discontinue all political coverage across the globe. This change reflects...

China’s Central Bank Pauses Gold Purchases for Fourth Consecutive Month Amid Rising Prices

China's central bank, the People’s Bank of China (PBOC), has paused its gold purchases for the fourth consecutive month in August, according to official...

Goldman Sachs Adjusts OPEC+ Oil Production Forecast, Maintains Brent Crude Price Range

Goldman Sachs has revised its outlook for OPEC+ oil production, now expecting production increases to begin in December instead of the originally anticipated October...

DOJ to Propose Remedies for Google’s Search Monopoly by December, Addressing AI Integration

The U.S. Department of Justice (DOJ) announced plans to issue a detailed outline by December regarding actions Google must take to restore competition in...

U.S. Congressman Opposes Bill Restricting Business with Chinese Biotech Companies

Rep. Jim McGovern, a prominent Democratic congressman from Massachusetts, announced on Friday that he will vote against a bill aimed at restricting business with...

Japan Expresses Concerns Over Possible U.S. Block of Nippon Steel’s Bid for U.S. Steel

A leading candidate to become Japan's next prime minister has voiced concerns over reports that the U.S. may block Nippon Steel's $15 billion acquisition...

U.S. Markets Volatile as Economic Uncertainty and Fed Policy Weigh on Investors

Uncertainty over the health of the U.S. economy is contributing to heightened volatility in financial markets, as investors navigate slowing labor market data and...

U.S. Federal Energy Commission Approves BlackRock’s $12.5 Billion Deal for Global Infrastructure Partners

The U.S. Federal Energy Regulatory Commission (FERC) on Friday gave the green light to BlackRock’s $12.5 billion acquisition of Global Infrastructure Partners (GIP), a...

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