Live Nation Settled for Pocket Change and Twenty-Six States Said No
Live Nation settled with DOJ for pocket change. Twenty-six states said no. The real verdict is still coming.
Business
Wall Street Posts Strongest Weekly Gains Since November as Oil Volatility Whipsaws Markets
S&P 500 gained 3.5% for the week despite a Friday selloff, with chipmakers hitting records and oil-driven CPI data rattling bonds. Bank earnings loom next week.
Bill Ackman's $64 Billion Bid for Universal Music Would Put a Hedge Fund in Charge of Taylor Swift's Catalog
Pershing Square's proposed UMG acquisition at a 78% premium would move the world's largest music company from Amsterdam to NYSE.
Intel Joins Musk's Terafab and the Foundry Question Returns
Intel joined the Terafab project with SpaceX, Tesla, and xAI on April 7 to build ultra-high-performance chips in Austin.
OpenAI Is Worth $852 Billion on Paper and Losing $14 Billion a Year
OpenAI's $122B round valued the company at $852B. Revenue is $2B/month. Losses projected at $14B for 2026.
Khaby Lame's Stock Remains Frozen and the Creator Economy Has Its First Billion-Dollar Fraud Case
Trading in Rich Sparkle Holdings remains frozen after the $975M brand sale triggered an 800% surge and crash.