A Manhattan federal jury has ruled that Live Nation and Ticketmaster hold a harmful monopoly over major concert venues, following a lawsuit by dozens of US states. The verdict could lead to significant changes in the ticketing industry.
Allbirds, the wool sneaker maker, announced a pivot to artificial intelligence, rebranding as NewBird AI. This move sent its stock up 582% in a dramatic turnaround for the struggling company.
Wall Street banks have amassed $4.8 billion in M&A fees this year, indicating strong corporate dealmaking activity and sustained animal spirits in the financial markets despite economic uncertainties.
The Beauty Tech Group reports stronger-than-expected annual results with revenue up 39.4% and profits surging after its London Stock Exchange listing, driven by international demand for at-home beauty devices.
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JPMorgan Chase has increased bonuses for its top London investment bankers by 19% this year, reflecting intense competition for talent in the financial sector.
Stefano Gabbana's exit after 40 years marks a pivotal moment for Dolce & Gabbana, as the brand faces financial challenges and a shifting luxury market. This article explores the implications of founder splits and strategies for renewal.
Stefan Pildes, founder of SantaCon, faces wire fraud charges for allegedly using $2.7 million in charity donations to fund luxury apartments, vacations, and personal expenses instead of charitable causes.
Walt Disney's CEO Josh D'Amaro has announced layoffs affecting 1,000 positions across marketing, studio, television, ESPN, and corporate functions as the company adapts to industry challenges.
Gina Rinehart's Hancock Prospecting loses landmark court case, ordered to pay Wright Prospecting 50% of past and future royalties from Hope Downs iron ore project worth hundreds of millions.
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John Hancock, son of mining magnate Gina Rinehart, has called for family unity following a Western Australian supreme court ruling that left ownership disputes unresolved but highlighted a 49% inheritance claim.
Western Australia's Supreme Court has ruled Hancock Prospecting owes hundreds of millions in royalties to Wright Prospecting in a 15-year mining dispute over Pilbara tenements.
Gina Rinehart's Hancock Prospecting loses landmark court case, forced to pay Wright Prospecting half of royalties from Hope Downs iron ore project, worth hundreds of millions.
A 15-year legal feud ends with Gina Rinehart ordered to share royalties from her iron ore empire, raising questions about family reconciliation and her future as Australia's richest person.
Standard Life has purchased Aegon UK for £2 billion, creating a retirement savings leader with nearly 16 million customers and £480 billion in assets under administration.
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Kuwaiti investor Abdulla Al-Humaidi's £3.5bn 'Dartford Disneyland' project collapses, leaving creditors chasing assets amid bankruptcy proceedings and court battles over transparency.
Nationwide Building Society has been crowned Britain's best bank, raising questions about CEO Debbie Crosbie's controversial leadership, aggressive dealmaking, and whether her success comes at the cost of traditional mutual values.
The head of MHA, a UK accountancy network, calls for increased IPOs among accounting firms to boost growth and competitiveness in the financial sector.
Citigroup is aggressively contesting jurisdiction in a sexual harassment lawsuit against executive Andy Sieg, seeking to transfer the case from New York to potentially more favorable legal venues.
A French court fines Lafarge over €1m and jails ex-CEO Bruno Lafont for paying nearly €5.6m to Islamic State and other terror groups to keep its Syria plant operational during the civil war.
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Australia's richest person, Gina Rinehart, awaits a court ruling on whether she must share royalties from Hancock Prospecting's lucrative iron ore projects with rival heirs and family members.
Kevin Warsh, Donald Trump's nominee to lead the Federal Reserve, has filed financial disclosures showing assets exceeding $100 million, including major investments and consulting fees, as his Senate confirmation faces delays and political hurdles.
Hui Ka Yan, founder of the collapsed property giant Evergrande, has pleaded guilty to fraud and other charges in a Shenzhen court, marking a dramatic fall for China's once-richest man.
JP Morgan reports $16.5 billion Q1 net income, up 13%, driven by investment banking boom. CEO Jamie Dimon cautions about geopolitical tensions and economic uncertainties despite strong performance.
JPMorgan's dealmakers and traders exceeded market expectations with strong first-quarter gains, fueled by a 28% rise in investment banking fees to $2.9bn.
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HSBC's leading investment banker overseeing Europe and the Americas is set to leave the bank, marking a significant shift in its senior leadership and global strategy.
BlackRock reports a 46% surge in profit, driven by record quarterly inflows of $110 billion, marking its strongest performance in five years amid market volatility.
Bloomberg Intelligence warns Barclays and Deutsche Bank are most exposed to private credit losses, with potential €12.6bn hit to European banks' profits. Jamie Dimon raises transparency concerns.
Imperial Brands is banking on next-generation products like vapes and heated tobacco to drive growth as traditional cigarette sales decline and ethical concerns deter investors from tobacco stocks.
Wall Street bankers have reclaimed the lead in bonus payments, with average awards reaching $154,344 in 2025, while City of London bonuses grew at a slower 3.5% rate. Industry-wide bonus growth fell short of bullish expectations despite record banking pro
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ING has recruited a senior Barclays executive to head its EMEA emerging markets credit trading division, aiming to strengthen its market position and expertise in high-growth regions.
