Why Live Nation and Ticketmaster dominate the live entertainment industry
Consumers are calling for the Live Nation and Ticketmaster monopoly to end. Here’s how they became the dominant force in the live entertainment business.
Abortion pill maker GenBioPro sues West Virginia, argues FDA rules preempt state ban
GenBioPro argues that FDA regulations on the abortion pill preempt West Virginia’s state law that basically bans the medication.
Bank of America downgrades Booking Holdings, says there’s more upside for this other travel stock
The firm said other travel stocks such as Expedia look more attractive after Booking’s recent outperformance to peers.
Goldman Sachs upgrades Philip Morris, cites expansion in U.S. with smoke-free alternatives
The analyst said the rollout of a line of smoke-free and electronic cigarette products in the U.S. will drive growth for the company.
Boeing posts quarterly loss as labor and supply strains overshadow increase in jet demand
Boeing’s orders and deliveries rose last year as travel rebounded.
Latest Microsoft results show the tech giant is still a buy despite near-term pressures, analysts say
Analysts expect that the tech giant is well positioned to navigate continued macro pressures.
How Tesla’s price cuts could spur an EV pricing war
Tesla’s price cuts make the vehicles more affordable and likely eligible for federal EV tax credits but tank the resale values of cars for current owners.
Inflation is cooling, but prices on many items are going to stay high for months
As costs fall, some companies are still locked into long-term contracts or are boosting profits rather than lowering prices.
Rep. George Santos now says campaign loan didn’t come from his personal funds
The embattled New York Republican, whose campaign finances are being investigated by authorities, amended his filings Tuesday.
Microsoft’s forecast suggests gloomy tech environment will continue
Microsoft’s business weakened in December. Now it expects those patterns to continue to play out through March, including in its critical Azure cloud.
