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US jury finds Live Nation and Ticketmaster subsidiary operated monopoly
Verdict in states’ lawsuit says concert giant stifled competition, raising pressure for changes to ticketing marketA jury has found that concert giant Live Nation and its Ticketmaster subsidiary had a harmful monopoly over big concert venues, dealing the company a loss in a lawsuit over claims brought by dozens of US states.A Manhattan federal jury deliberated for four days before reaching its decision Wednesday in the closely watched case, which gave fans the equivalent of a backstage pass to a...
S&P, Nasdaq Hit Records on Ceasefire Hopes | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Iran shifts 20M barrels through ‘dark’ offshore oil network bypassing US port blockade, firm says
Iran is moving tens of millions of barrels of oil through covert offshore networks to bypass the new U.S. blockade on its ports, maritime intelligence firm Windward AI says.The blockade, which took effect April 13, came amid a two-week ceasefire and failed peace talks between the U.S. and Iran, and as President Donald Trump insisted the waterway must remain open, through which roughly 20% of the world’s oil passes."Iranian oil distribution continues through indirect routing and offshore transfer...
Wall Street scales fresh record high as investors bet on end of Iran war
The S&P breached 7,000 points for the first time in history, in a rally that erased stark losses incurred at start of warWall Street scaled a fresh all-time high on Wednesday amid growing optimism among investors that the US-Israel war on Iran will soon be over.The benchmark S&P 500 breached 7,000 points for the first time in history, after climbing 0.8% over the course of the day, finishing at 7,022.95. The tech-heavy Nasdaq also rose 1.6% to 24,016.02, its own record high, while the Do...
Grenfell memorial funding approved as peers call for justice for victims
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Amazon.com announces first quarter results - About Amazon
Amazon.com announces first quarter results About Amazon
BOJ Urged to Keep Clear Message on Policy as War Clouds Outlook
Clear communication from the Bank of Japan will be even more important as uncertainty remains high amid ongoing Middle East tensions, the International Monetary Fund’s chief liaison for the country said two weeks before the central bank’s next monetary policy decision.
Could the US oil blockade snuff out the Cuban cigar?
Since January, the Trump administration has blocked foreign oil to Cuba. Will the island's cigars survive the crisis?
Bank Earnings Clear Path for Stock Record Highs
Morgan Stanley’s stock traders joined the rest of Wall Street with a record-breaking first quarter. The firm took in $5.15 billion from equity trading in the first three months of the year, according to a statement Wednesday. The 25% jump came in ahead of expectations and boosted total trading revenue to $8.51 billion. Morgan Stanley’s closely watched wealth business pulled in $118.4 billion in net new assets, more than expected. As Bank of America Corp.’s stock-trading desk set a record, ridin...
Hollywood Stars Unite to Oppose Paramount-Warner Deal
Bloomberg's Lucas Shaw joins Dani Burger on "Bloomberg Deals." More than 1,000 Hollywood actors, directors and screenwriters have penned a letter opposing the $110 billion takeover of Warner Bros. Discovery by Paramount Skydance, citing concerns about job losses and higher costs with fewer choices for consumers. (Source: Bloomberg)
Victor Haghani: We're Underweight US, Overweight Non-US
Elm Wealth Founder & CIO Victor Haghani discusses being underweight US equities, tracking opportunities outside the US, and the possible slate of upcoming blockbuster IPOs. He talks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)
Former executive sues Adidas, alleging she was fired for reporting gender discrimination
Lindsay Gregg, former head of women’s basketball sports marketing at Adidas, whose acquisitions for the sportswear manufacturer included WNBA stars and Olympic champions, sued the company Wednesday, alleging she was fired in February for raising concerns about gender discrimination, inequitable resources and the treatment of female athletes.Advertisement
Wall Street Banks Report Surge in Advisory Fees
Bloomberg's Scarlet Fu joins Dani Burger on "Bloomberg Deals." The second-best ever year for global dealmaking are starting to show up on Wall Street, with the big five US banks this week reporting some huge increases in advisory fees. (Source: Bloomberg)
Airline files for bankruptcy as flights cancelled – but vital firm may be saved
Airline files for bankruptcy as flights cancelled – but vital firm may be savedAir Calédonie filed for bankruptcy while protestors blocked key airfields and caused flights to be cancelled, meaning the firm was losing an estimated £73,000 every dayCommentsNewsEthan Blackshaw Deputy Publishing Lead20:39, 15 Apr 2026Updated 20:40, 15 Apr 2026View ImageAir Calédonie filed for bankruptcy (stock)(Image: Getty)A “vital” airline has filed for bankruptcy with flights grounded - but it could now be saved....
Deals Can Get Done in Uncertainty: Spottswood
Lande Spottswood, partner, M&A and capital at markets at Vinson & Elkins, and Dwight Scott, executive vice chairman at Quantum Capital Group, join Bloomberg's David Carnevali and Dani Burger on "Bloomberg Deals." They discuss energy dealmaking during the Iran War. (Source: Bloomberg)
Live Nation Illegally Monopolized Ticketing Market, Jury Finds
Bloomberg's Jennifer Rie breaks down the verdict decided by a New York jury that ticket seller Live Nation has illegally monopolized the event ticketing market. The jury found that Live Nation's monopoly forced customers to overpay by $1.72 per ticket. (Source: Bloomberg)
Live Nation and Ticketmaster found to be an illegal monopoly by jury in antitrust trial
NewsWorldAmericasLive Nation and Ticketmaster found to be an illegal monopoly by jury in antitrust trialLive Nation executive Benjamin Baker apologized on the stand for internal messages between colleagues calling customers ‘so stupid’ for paying the ticket prices Larry Neumeister Wednesday 15 April 2026 20:33 BSTBookmarkBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Re...
Jury finds Live Nation, Ticketmaster holds an illegal monopoly
A Manhattan federal jury on Wednesday found Live Nation, the parent company of Ticketmaster, holds an illegal monopoly in the live entertainment industry and violated antitrust laws. The decision comes after four days of deliberation in the case, initially brought by the U.S. government. It compiled claims brought by dozens of state and district attorneys…
S&P 500 hits record high as investors shrug off Iran war fears
MoneyWatch S&P 500 hits record high as investors shrug off Iran war fears .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham April 15, 2026 / 3:30 PM EDT / CBS News Add CBS News on Google The S&...
Thoma Bravo's Rohde: See Unbelievable Portfolio Growth
A.J. Rohde, senior partner at Thoma Bravo, joins Dani Burger on "Bloomberg Deals." Nemetschek SE agreed to acquire construction management software provider Heavy Construction Systems Specialists from Thoma Bravo. (Source: Bloomberg)