Reported 6 months ago
The US Department of Justice has officially filed an antitrust lawsuit against Live Nation, seeking to break up the entertainment giant for alleged coercive tactics and violations of agreements related to its merger with Ticketmaster in 2010. The lawsuit claims Live Nation is acting as a gatekeeper in the live music industry, harming artists, venues, fans, and competitors. The DOJ alleges Live Nation is controlling how artists access venues, pushing exclusive contracts with Ticketmaster on venues, and imposing various fees on consumers. Analysts suggest that divesting Ticketmaster could significantly impact Live Nation's profits, but it remains uncertain if this legal action will effectively address consumer concerns over ticket fees.
Source: YAHOO
Reported 6 months ago
Daniel Jones expressed his excitement about the New York Giants drafting wide receiver Malik Nabers but admitted he wasn't thrilled about the team's serious exploration of drafting a new premium quarterback during the offseason. Jones, who is recovering from an ACL tear, aims to be fully ready for training camp and is focused on playing his best football despite uncertainty about his future with the team.
Source: YAHOO
Reported 6 months ago
Savannah Guthrie's 7-year-old son, Charley, FaceTimed her on-air during a U.S. Navy band performance on Today, showing his enthusiasm for the music. Guthrie's son was silently watching the band perform while having breakfast, with co-host Hoda Kotb sharing the surprise visit. Guthrie, who also has a daughter named Vale, expressed gratitude for her blessings as a mother and shared moments from her family life, including attending a Broadway show with her daughter.
Source: YAHOO
Reported 6 months ago
In a recent episode of Hoonigan's This Vs. That series, a heavily modified 2010 Nissan GT-R R35 with 2,000-horsepower faced off against a 2004 Chevy Silverado 1500 with a 1,500-hp LSX V8 engine. Both vehicles are all-wheel drive, but the Nissan weighs 3,750 lbs while the Chevy Silverado is heavier at 4,000 lbs. The outcome of this unique matchup in drag racing was anticipated by many due to the significant modifications on both vehicles, making it an interesting and exciting race to watch.
Source: YAHOO
Reported 6 months ago
Billie Eilish's new song "L'Amour de Ma Vie" is reportedly causing upset for her ex Jesse Rutherford, as insiders claim it's a diss track about their past relationship, with lyrics about Eilish lying about loving him. Despite their amicable breakup, Rutherford feels betrayed, especially since Eilish has since revealed her attraction to women. The track is featured on Eilish's album "Hit Me Hard and Soft," and while she hasn't confirmed it's about Rutherford, sources say he feels deceived by the song.
Source: YAHOO
Reported 6 months ago
Stocks closed lower on Thursday, with the Dow falling by 605 points despite Nvidia's strong fiscal first-quarter earnings reported the day before. The S&P 500 also dipped below 5,300. The semiconductor industry saw sector losses, with Nvidia emerging as a standout performer with a 9.3% increase, marking a record close. Overall, all 11 sectors closed in the red, with cannabis, Bitcoin, solar energy, and disruptive tech being particularly weak. Semiconductor stocks like Taiwan Semi and Marvel showed some gains, but the sector as a whole experienced losses.
Source: YAHOO
Reported 6 months ago
Synopsys CEO Sassine Ghazi discusses the company's strong performance driven by design automation and design IP segments, attributing revenue growth to AI adoption. Ghazi sees the current phase as the early stage of the industrial revolution, focusing on building infrastructure and transitioning to intelligent systems. The article highlights the benefits of embedding AI in software, noting a 20% uplift in customer domains, and touches on the acquisition of Ansys and the ongoing regulatory approvals process. Ghazi also mentions increased client investments in AI, automotive, electric, and life sciences sectors, reflecting a positive corporate spending environment.
Source: YAHOO
Reported 6 months ago
A pair of bald eagle parents in San Simeon, California, have adopted a baby red-tailed hawk that they initially brought back to their nest as food. The hawk chick is now living alongside the eagle parents and being cared for like their own young. While this situation is rare, it is not the first time observers have documented eagles raising a hawk chick in their nest. The outcome for the hawk chick remains uncertain, as it could either be successfully raised by the eagles or potentially eaten by them.
Source: YAHOO
Reported 6 months ago
PepsiCo Beverages North America announced plans to add 50 Tesla electric semi-trucks to its California fleet to reach net-zero emissions by 2040. The trucks will operate from the company's facility in Fresno, with an additional 75 Ford E-Transit electric vans at 13 locations for deliveries. This move aligns with PepsiCo's goal to reduce emissions and sustainability efforts, with the state of California promoting emission-free heavy-duty trucks to meet its 2030 reduction target. The trucks have a range of up to 450 miles a day and coincide with a job training program for students in the field of electric trucks and infrastructure maintenance.
Source: YAHOO
Reported 6 months ago
The Cleveland Cavaliers have fired head coach J.B. Bickerstaff and are considering Golden State Warriors assistant coach Kenny Atkinson as a potential replacement. Atkinson spent four seasons as the head coach of the Brooklyn Nets and has been linked to other head coaching vacancies. The Cavs' roster faces uncertainty, with decisions to be made regarding players like Jarrett Allen and Donovan Mitchell. President of basketball operations Koby Altman praised Bickerstaff for his contributions to the team over the past four years.
Source: YAHOO
Reported 6 months ago
Country star Jelly Roll, who recently completed his first 5K, announced his plan to run another 5K by Thanksgiving during a morning workout with his wife and daughter. After participating in the 2 Bears 5K event in May, Jelly expressed feeling tired but great, and shared his goal of losing weight through training. His dedication to fitness and health has already led to a weight loss of around 70 pounds, with plans to shed more weight and set new health goals in the future.
Source: YAHOO
Reported 6 months ago
The WNBA has awarded a franchise to Toronto, marking the league's first team outside the US. Canadian billionaire Larry Tanenbaum's firm, Kilmer Sports Ventures, will invest $115 million to bring the team to Toronto for the 2026 season. Tanenbaum, known for his sports and real estate ventures, sees this move as an opportunity to expand the league's audience in Canada. Despite initial rejection by Maple Leaf Sports & Entertainment Ltd., Tanenbaum's decision aligns with the WNBA's growing popularity and potential long-term value.
Source: YAHOO
Reported 6 months ago
The stock market plunged with the Dow dropping 605 points on Thursday, the worst day in 2024, as fresh economic data raised concerns about inflation and rate cuts. Nvidia's strong earnings boosted its stock, but the broader market saw a significant decline, erasing recent record highs. The data indicated inflation pressures for the US economy, leading to reduced expectations for rate cuts later in the year. Jobless claims were lower than expected, and the 10-year Treasury yield rose to 4.475%. Additionally, various events in commodities, bonds, and crypto markets were reported.
Source: YAHOO
Reported 6 months ago
On "The View," Sunny Hostin suggested that Indiana Fever basketball player Caitlin Clark's popularity is influenced by "pretty privilege" and "white privilege," as well as her race and sexuality. Hostin agreed that these factors played a role in Clark's success, pointing out disparities in the treatment of players like Brittney Griner. The discussion highlighted the importance of recognizing and addressing biases in sports, particularly in the WNBA where a majority of players are Black and a significant portion identify as LGBTQ+. Despite differing opinions, the hosts emphasized the talent and equality of women's basketball players like Clark.
Source: YAHOO
Reported 6 months ago
The article highlights a spring top, the Dokotoo Bell Sleeve Top, available for $28 on Amazon with an on-page coupon. The top is described as cute, versatile, and flattering for various figures, with options for long or short sleeves and multiple colors. It has received over 1,800 five-star reviews from Amazon shoppers, praising its fit and flowy design. Some reviewers suggest sizing down due to the top running large. The article recommends pairing the top with slacks or shorts for a stylish look.
Source: YAHOO
Reported 6 months ago
Prologis and Maersk have opened Southern California's largest electric charging depot for heavy-duty trucks near the ports of Los Angeles and Long Beach. The depot, with nine megawatts of capacity, can charge up to 96 trucks simultaneously and features the nation's biggest electric charging microgrid built by Prologis and Mainspring Energy. This collaboration marks the companies' third electric truck charging initiative in the region, supporting Maersk's decarbonization goals and Prologis Mobility's investments to meet California's emissions mandates. Performance Team will utilize the site to power its fleet of Volvo electric trucks, contributing to efforts to achieve net zero emissions by 2040.
Source: YAHOO
Reported 6 months ago
PFL CEO Donn Davis expressed disappointment over Kayla Harrison's move to the UFC, attributing it to seeking validation rather than career opportunities. Conor McGregor's comments about investing in Bare Knuckle FC highlighted the challenge of competing with the UFC in the MMA space, emphasizing the need for organizations to offer unique alternatives to draw fighters and fans. The article suggests that fighters should prioritize financial gain and career advancement when making contract decisions, as seen in Harrison's move from PFL to the UFC for opportunities to further her legacy.
Source: YAHOO
Reported 6 months ago
CVS Health Corp is reportedly seeking a private equity partner to fund the growth of Oak Street Health, a primary care provider it acquired last year. The company is working with financial advisers to secure capital for new clinics to be opened by Oak Street. While the discussions are in the early stages and the deal structure could change, there is no guarantee of an agreement. This potential partnership would help alleviate the financial burden of expanding Oak Street Health's clinic network, according to Leerink Partners analyst Michael Cherny. CVS had acquired Oak Street Health for around $9.5 billion in February 2023 and aims to increase the number of clinics to 300 by 2026.
Source: YAHOO
Reported 6 months ago
Annie Potts, who portrays Meemaw in the CBS series "Young Sheldon," hosted a finale watch party at her home for cast and crew members, including Lance Barber, Zoe Perry, and Raegan Revord, to celebrate the show's two-part series finale that aired on May 16. The attendees shared their thoughts on the finale, expressing gratitude and admiration for the show. While some cast members were absent, Potts reflected emotionally on her time with the show and the growth of the younger actors, indicating that "Young Sheldon" could potentially be her last project.
Source: YAHOO
Reported 6 months ago
TD Bank's U.S. expansion plans to open 150 new branches by 2027 are in question due to regulatory issues surrounding the bank's anti-money laundering efforts. Executives could not provide clarity on whether the expansion plans are still feasible amidst concerns about TD's regulatory woes, including a potential spending estimate of up to $2 billion related to the matter. The bank is facing uncertainty and scrutiny from both Canadian and U.S. regulators, impacting its ability to grow its franchise in America and potentially delaying its branch opening targets.
Source: YAHOO
Reported 6 months ago
Heidi Klum and her daughter Leni had a sweet moment on the red carpet at the 2024 Cannes amfAR Gala, where they attended together in different yet stylish ensembles. Heidi wore a pink tulle gown while Leni opted for a black knit dress with floral details. Photographers captured a relatable moment of Heidi fixing Leni's makeup on the red carpet. This mother-daughter duo's appearance at the event was a highlight amidst the glamour of the film festival.
Source: YAHOO
Reported 6 months ago
Nvidia's announcement of a 10-for-one stock split following a significant rise in share price could potentially increase interest from retail investors and pave the way for its inclusion in the Dow Jones Industrial Average. The split, effective June 7, aims to make stock ownership more accessible to employees and investors, particularly retail traders who may be attracted by the lower per-share value. While the split may appeal to retail investors, the value of the company remains unaffected, and historically, companies that undergo stock splits tend to outperform the market. The move could also make Nvidia's stock more manageable for inclusion in the Dow, given the index's price-weighted methodology.
Source: YAHOO
Reported 6 months ago
Arista Networks' stock is under pressure following Nvidia's strong fiscal first-quarter 2025 earnings report, which highlighted their focus on AI chip offerings and Spectrum-X Ethernet platform. Market analysts Julie Hyman and Josh Lipton discuss the potential impact of Nvidia's networking goals on Arista's network operating system enterprise. Nvidia's CEO Jensen Huang mentioned plans to introduce new networking technology quickly, causing concern for Arista. Despite Arista's recent stock performance, investors are cautious due to Nvidia's expansion in the networking sector.
Source: YAHOO
Reported 6 months ago
Investigative reporter Shawn Cohen's new book, "College Girl, Missing: The True Story of How a Young Woman Disappeared in Plain Sight," delves into the Lauren Spierer case, revealing never-before-published investigation details about the 20-year-old's disappearance in Bloomington, Indiana, in 2011. The book, written with the cooperation of Lauren's family and access to their private investigator's files, sheds light on the events of that fateful night and explores the personalities and motivations of those involved. Despite not solving the case, the book provides insight into the mystery that has left the Spierer family in anguish for 13 years, still searching for answers about their daughter's disappearance.
Source: YAHOO
Reported 6 months ago
Vincent Wasney and his fiancée, Sarah Eberlein, experienced a medical emergency while on a Royal Caribbean cruise to the Bahamas, where Vincent had multiple epileptic seizures. Despite being uninsured at the time, they were presented with a bill of $2,500.22 for medical services provided on the ship before Vincent was evacuated. The couple faced financial challenges covering the expenses and medical bills incurred after reaching land, with their GoFundMe campaign helping with their mortgage payment. This incident highlights the importance of understanding cruise line billing practices, obtaining travel insurance, and being prepared for unexpected medical expenses while traveling.
Source: YAHOO