Live Nation Entertainment Inc., the largest US concert promoter and ticket seller, illegally monopolized the live events industry and overcharged fans, a New York federal jury concluded Wednesday. Source link
Elon Musk’s staff have reached out to chip industry suppliers including Applied Materials , Tokyo Electron and Lam Research for his Terafab AI chip complex project with SpaceX and Tesla , Bloomberg News reported on Wednesday. Source link
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Check out what’s clicking on FoxBusiness.com. Costco has rolled out a new milk product in select locations that lactose-intolerant customers say they had long been “waiting for Costco to put out.” An ultra-filtered, high-protein, low-calorie 2% fat milk has appeared in Texas stores, according to an early April Reddit post by a user in Georgetown….
Spirit Airlines airplanes taxi on the tarmac at New York’s Laguardia Airport in the Queens borough of New York City, U.S., Nov. 7, 2025. Ryan Murphy | Reuters Spirit Airlines could liquidate as early as this week, according to people familiar with the matter. They spoke on the condition of anonymity to discuss matters that…
QVC Group said it intends to file for Chapter 11 bankruptcy as soon as Wednesday evening as the television shopping network grapples with viewer declines and a heavy debt burden. Source link
Spirit Aviation Holdings Inc. is at risk of being liquidated as rising jet fuel prices spurred by the US war with Iran further squeeze the bankrupt budget carrier’s finances, according to people familiar with the matter. Source link
Morgan Harper, a director at the non-profit economic advocacy organisation American Economic Liberties Project called the verdict against Live Nation “a historic victory for fans, artists, concert promoters and venue owners who have suffered for decades under the thumb of Ticketmaster’s monopoly”. Source link
The music industry colossus that includes Ticketmaster was found to have violated antitrust laws by using its dominance in the industry to stifle competition. Source link
Allbirds (BIRD) stock soared nearly 600% on Wednesday after the company announced it’s switching from being a sustainable sneaker business to an artificial intelligence company. The stock jumped as high as $23 per share and ended the day at roughly $17, a far cry from its price of less than $3 just days ago. The…
