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Tuesday, May 28, 2024

Live Nation, Ticketmaster’s Parent Company, Sued In Groundbreaking Monopoly Lawsuit

In a groundbreaking antitrust lawsuit that threatens to upend the way concertgoers pay for tickets, the US government and dozens of states sued Live Nation on Thursday, alleging that for years the parent company of Ticketmaster abused its industry dominance to harm fans nationwide.

Uber Will Soon Let Riders Book A Shuttle To The Airport

Uber wants to make it cheaper to get a ride to the airport, concerts or sporting events. The rideshare company on Wednesday announced the launch of Uber Shuttle, an offering that will let users book up to five seats in a shuttle from a central location to an event or the airport – for less than the cost of a regular Uber ride.

Never-Married Black Women Have 8 Cents In Wealth For Every Dollar Held By White...

A wealth of new research spells out stark wealth and income disparities that reflect a far different economic dynamic: people who work full-time, but find it difficult to get ahead financially. Race and ethnicity remain nagging factors. But emerging gender and occupational trends play a large role as well.

Is Name Discrimination in Hiring Still A Trend? Industry Leaders Say Yes

Black job-seekers are still whitening their résumés. Even so, one year after finishing college, 60% of Black graduates were underemployed.

The House Just Voted On A Potential TikTok Ban (Again). Now What?

House lawmakers have once again passed legislation that could lead to a nationwide TikTok ban, renewing a massive threat to the company’s US operations. The move could fast-track a proposal TikTok has been fighting against for weeks.

Netflix Gained 9.3 Million Subscribers This Year As It Adjusts Streaming Strategy

Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but it’s paid off.

TikTok Is In The Hot Seat Once Again In Washington

TikTok is again facing an imminent threat from Congress. On Wednesday, House Republicans added a hot-button bill that could lead to a nationwide TikTok ban to a wide-ranging foreign aid package intended to help Israel and Ukraine.

AI Is Threatening Americans’ Jobs. Could Guaranteed Income Provide A Safety Net?

Global policymakers and business leaders are now increasingly warning that the rise of artificial intelligence will likely have profound impacts on the labor market and could put millions of people out of work in the years ahead (while also creating new and different jobs in the process).

To Bridge Racial Wealth Gap Americans Willing To Pay More

A new study identified Black-owned businesses and found Americans are willing to pay more to close the racial wealth gap.

4-Day Workweeks May Be Around The Corner. A Third Of America’s Companies Are Exploring...

Burnout is such a problem for workers that some bosses are considering shrinking the length of the workweek. Nearly one-third (30%) of large US companies are exploring new work schedule shifts such as four-day or four-and-a-half-day workweeks, according to a KPMG survey of CEOs released this week.

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Dallas Mavericks One Win Away From NBA Finals As They Go...

The Dallas Mavericks defeated the Minnesota Timberwolves in Game 3 of the Western Conference Finals on Sunday, 116-107, to move to 3-0 in the series and knock on the door of their first NBA Finals appearance in 13 years.