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Ticketmaster-owner Live Nation ran a monopoly and overcharged fans, jury finds
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”.
Spat deepens between Elon Musk and Ryanairs OLeary
Elon Musk has suggested he could buy Ryanair and called for its chief executive to be fired amid a deepening spat between the pair. The budget airline on Tuesday branded the Tesla chief executive an “idiot”, and used the extraordinary row to promote its January sale. Musk and Ryanair boss Michael O’Leary have been trading…
Walmart chief Doug McMillon retiring after more than a decade
Walmart chief executive Doug McMillon will retire from his post in January, handing over the reins to a longtime deputy. The 59-year-old is stepping down after more than a decade at the helm of the world’s largest retailer, a period when it successfully expanded its online operations, while scaling back riskier international units. He will…
Trump temporarily blocked from firing Fed governor Lisa Cook
A federal judge has temporarily blocked President Donald Trump from sacking Federal Reserve governor Lisa Cook, who is part of the board responsible for setting US interest rates. The ruling is a win for the central bank in an unprecedented legal battle with the White House over the independence of the Fed. Last month, Trump…
