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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)
New fightback against 'scary' shoplifting gangs - from AI to citizens' arrests
EXCLUSIVE: New fightback against 'scary' shoplifting gangs - from AI to citizens' arrestsA report on ITV's Tonight reveals that shoplifting on an industrial scale is costing our retailers nearly half a billion pounds a year and forcing up prices for customersCommentsNewsAmanda Killelea Feature Writer and Hannah Britt, Senior Reporter Mirror Features20:27, 15 Apr 2026View 6 ImagesAn ITV Tonight programme reveals that the UK has a shoplifting problem - and it's costing sho...
Ticketmaster-owner Live Nation has operated as a monopoly, jury finds
Ticketmaster-owner Live Nation has operated as a monopoly, jury finds8 minutes agoShareSaveAdd as preferred on GoogleArchie MitchellBusiness reporterGetty ImagesLive Nation, the entertainment giant which owns Ticketmaster, has been illegally operating as a monopoly, a federal jury has found.The verdict followed four days of deliberations in a trial that could have a major impact on the music industry.The concert venue and music festival owner could be forced to divest parts of its business or ev...
Wave of $15B US IPOs Set to Hit Market
Bloomberg's Anthony Hughes joins Dani Burger on "Bloomberg Deals." Investment bankers are hitting the road to raise more than $15 billion across initial public offerings in the coming weeks, nervously eyeing market volatility as a standoff with Iran threatens a fragile ceasefire. (Source: Bloomberg)
Live Nation and Ticketmaster Held Illegal Monopoly in Ticketing Market, Jury Finds
After the blockbuster trial that went from the U.S. Department of Justice to 34 states, a jury has decided that Live Nation Entertainment and its subsidiary Ticketmaster illegally held monopoly power in the ticketing market. The jurors came to their decision after around five weeks of the antitrust trial, according to NBC News. Deliberations in […]
Live Nation illegally monopolized the market for tickets, jury finds
A jury has reached a verdict in the antitrust case against Live Nation, the live event entertainment company.
‘Morocco Venture Forum 2026’ Connects Global Investors with Local Venture Funds
Casablanca – Global LPs and Moroccan GPs gathered at Technopark Casablanca on Wednesday for the first edition of the “Morocco Venture Forum 2026,” as investors and ecosystem players seek to bridge global LP capital with local venture capital funds. Organized by Silicon Badia, Plug and Play, and the Ministry of Digital Transition and Administrative Reform, the forum brought together global investors, regional players, and local fund managers for a series of discussions on capital formation and ec...
Markets Are Too Blasé on War’s Economic Toll, Policymakers Warn
The International Monetary Fund and World Bank are historically beacons of free trade, capitalism and financial market wisdom. But at their spring meetings, the emerging theme has a contrarian vibe: Investors are underestimating the economic damage from the Iran war.
Pakistan’s IT exports register 21 percent increase
BusinessPakistanPakistan’s IT exports register 21 percent increaseBy Web Desk-Apr 16, 2026KARACHI: Pakistan’s Information Technology (IT) sector exports saw an increase of 21 percent in March 2026, ARY News reported. According to a report released by the State Bank of Pakistan, the country’s IT sector exports totaled $413 million in March, 13 per cent increase in comparison to previous month of February. Exports increased by 20 percent in the first nine months of the current fiscal year, reachin...
Dollar and other Currency Rates in Pakistan Today – April 16, 2026
BusinessPakistanDollar and other Currency Rates in Pakistan Today - April 16, 2026By Web Desk-Apr 16, 2026The State Bank of Pakistan (SBP) has released the latest mark-to-market (M2M) foreign currency rates for major international currencies against the Pakistani Rupee (PKR) as of April 16, 2026. These official rates, essential for authorized currency dealers to revalue their portfolios daily, are calculated using the weighted average of interbank closing rates for the US Dollar from brokerage h...
Gas cylinder prices surge in Karachi after loadshedding
PakistanGas cylinder prices surge in Karachi after loadsheddingBy Web Desk-Apr 16, 2026KARACHI: Following the intense, unannounced gas load-shedding, people in the megacity are being forced to purchase a liquefied petroleum gas (LPG) cylinder, but unfortunately, the cost of these cylinders has also surged, adding to their financial strain. According to local market estimates, fibre gas cylinders, ranging from 5kg to 13kg, are being sold between Rs. 7,500 and 13,500. Meanwhile, smaller iron cylin...
Renault bets on electric cars, hybrids to win over buyers
InternationalRenault bets on electric cars, hybrids to win over buyersBy Reuters -Apr 16, 2026Renault is betting on electric vehicles and hybrids to win over buyers in the world’s third-largest car market, global CEO Francois Provost said on Thursday, as the French carmaker steps up its product push to regain market share. The company wants India to rank among the Renault brand’s top three global markets by 2030, and aims to capture about 5% of market share in the country by the end of the dec...
K-Electric appoints former PSO Chief Syed Muhammad Taha as CEO
Must ReadPakistanK-Electric appoints former PSO Chief Syed Muhammad Taha as CEOBy Web Desk-Apr 16, 2026KARACHI: Syed Muhammad Taha has officially taken charge as the Chief Executive Officer (CEO) of K-Electric from April 15, 2026. A seasoned energy veteran with over three decades of experience, Mr. Taha returns to the utility at a defining moment for Pakistan’s power sector. Known for driving operational excellence and financial turnaround, he is recognised as a transformational leader capable o...
Avis’s 200% Surge Lures New Shorts Eyeing Trip ‘Back to Reality’
A three-fold surge in the shares of car rental company Avis Budget Group in just two weeks has punished short investors betting against the stock. But the bears are not giving up; if anything, they are doubling down.
Pimco Buys All $400M of Bonds Sold by Blue Owl BDC
Bloomberg's Olivia Fishlow joins Dani Burger on "Bloomberg Deals." Pacific Investment Management bought all $400 million of bonds issued on Monday by a Blue Owl Capital private credit fund, according to people with knowledge of the matter. (Source: Bloomberg)