The U. S. Justice Department and a group of states will sue Live Nation Entertainment Inc. for antitrust violations related to Ticketmaster’s unrivaled control of concert ticket sales, according to people familiar with the case.
The suit is expected to be filed in the Southern District of New York Thursday, said the people who asked not to be identified.
LIV Golf, which competes with the PGA Tour, will finish its 2024 season in North Texas. Huddleston, an oil magnate and owner of Maridoe Golf Club, discussed the big event in an interview with Sports Business Journal.
It may be a small fraction of the company, but activist investors in Apple and ExxonMobil have accomplished a lot, with a lot less.
Wall Street has countless stories of investors acquiring stakes in companies for which they seem like very bad fits—Bill Gates investing in Waste Management, America’s leading garbage company; Warren Buffett getting into American Airlines, Delta, United, and Southwest a few years after calling the airline business a “death trap.” Yet Republican high-haired former presidential hopeful-turned-Trump campaigner Vivek Ramaswamy jumping into bed with left-leaning, listicle-heavy BuzzFeed is still likely to cause a double take.
A new airline will take its first flight Thursday—with dogs as its passengers.
BARK, a company that sells dog food and toys, announced in April that it was launching a new aviation experience for dogs, called BARK Air. The airline will allow pets to travel with their owners as their plus ones in the aircraft cabin, rather than in crates in the cargo hold.
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The airline’s first flight, traveling from New York to Los Angeles, is sold out, according to the company’s booking website.