2010
US sues to break up Live Nation-Ticketmaster
“It is time to break up Live Nation,” said U.S. Attorney General Merrick Garland.
AMC
GameStop, AMC drop after two days of sharp rally on ‘Roaring Kitty’ effect
Trading in the retail investor darlings, the most actively traded NYSE stocks, were halted minutes after the market opened.
alameda research
FTX Says Some Crypto Customers Could Get Their Money Back, But No Gains From Price Increases
If a judge accepts the company’s bankruptcy plan, certain customers of the defunct cryptocurrency exchange FTX may be entitled to receive the full amount of money they lost.
ad revenue
Disney’s surprise streaming entertainment profit offset by weaker TV business
Disney’s surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office.
ECONOMY
Trump’s Truth Social Stock Shoots Up On First Day After Hitting Stock Market
Former U.S. President Donald Trump’s social media company Truth Social shot off to a blistering start in its stock market debut on Tuesday, surging more than 50% at the beginning of trading.
AI
Reddit shares soar 38% in market debut
Reddit’s shares jumped in their debut, signaling that investor appetite for IPOs of promising yet loss-making companies could be returning.
auditors
Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders
U.S. regulators have asked Citigroup for urgent changes to the way it measures default risk of its trading partners.
$600 billion
What happens to Musk’s Tesla pay after $56 billion package thrown out? It is complicated
The Tesla chief executive and a board seen as captive to him must find a way to negotiate a replacement contract.
Bayer
Bayer shares fall nearly 6% on court order to pay $2.25 bln in damages
Bayer was ordered to pay the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller.
737-900ER
FAA steps up scrutiny of Boeing with calls for checks on another 737 model
The FAA has recommended that airlines operating Boeing 737-900ER jets inspect door plugs.