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.

Federal Reserve Signals Rate Cuts Amid Slowing Labor Market

Federal Reserve officials have signaled that they are prepared to initiate a series of interest rate cuts, with the first likely to be a...

Social Media Platform X Recovers from Short Outage Affecting Thousands of Users

Social media platform X experienced a brief outage on Saturday, leaving thousands of users unable to access the site. The disruption lasted less than...

Stellantis Recalls 1.46 Million Vehicles Worldwide Over Brake System Software Issue

Chrysler’s parent company, Stellantis, announced the recall of 1.46 million vehicles worldwide on Saturday due to a software malfunction affecting the anti-lock brake system...

Europe’s Auto Industry Faces €15 Billion in Fines Due to Slow EV Adoption, Warns Renault CEO

Europe’s automotive industry is at risk of facing up to €15 billion ($17.4 billion) in fines due to sluggish demand for electric vehicles (EVs),...

Janet Yellen Hints at Departure After Biden’s Term, Stresses U.S.-China Relations and Economic Stability

U.S. Treasury Secretary Janet Yellen, 78, has indicated that she is likely to step down from government service after President Joe Biden's term ends...

China Sees Opportunity, Not Threat, in U.S. Relations Amid Trade Talks in Tianjin

China views its relationship with the United States as an opportunity rather than a threat, according to remarks by China’s Vice Commerce Minister Wang...

Apple’s New iPhone to Feature A18 Chip Built on Arm’s Latest V9 Design

Apple’s upcoming iPhone, set to be unveiled on September 9, will feature the highly anticipated A18 chip, developed using Arm’s latest V9 chip design....

China Criticizes Dutch Decision to Expand Export Controls on ASML Chipmaking Equipment

China has expressed dissatisfaction with the Dutch government's decision to expand export controls on advanced chipmaking equipment produced by ASML, one of the world’s...

Elon Musk Denies Report of xAI and Tesla Revenue-Sharing Deal for AI Technology

Elon Musk has denied reports suggesting that his AI startup, xAI, held talks with Tesla regarding a revenue-sharing arrangement. According to a recent report,...

U.S. Airlines Slow Hiring Amid Rising Costs and Market Challenges

After a massive hiring spree that added nearly 194,000 jobs since 2021, U.S. airlines are now cooling their recruitment efforts. The industry, which faced...

Boeing’s Starliner Returns to Earth After Extended Test Flight Without Astronauts

Boeing’s Starliner spacecraft successfully returned to Earth after months at the International Space Station (ISS), but without the two astronauts it delivered to orbit...

U.S. Housing Supply Rises as Home Prices See Decline in August

The supply of homes for sale in the U.S. remains historically low but is rising rapidly. In August, active home listings increased by 36%...

Starboard Value Pushes to Dissolve News Corp’s Dual-Class Share Structure

Activist investor Starboard Value has made a move to challenge the dual-class share structure of News Corp, a structure that has long enabled the...

The Green Bay Packers: The Only Publicly Owned NFL Team with a Unique Ownership Structure

The Green Bay Packers, valued at $6.3 billion, are the only publicly owned team in the National Football League and one of the most...

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