Core Viewpoint - Live Nation Entertainment reported strong quarterly revenue driven by high demand for concerts, indicating robust consumer spending in the entertainment sector [1]. Financial Performance - Live Nation's fourth-quarter revenue increased by 11.1% to $6.31 billion, surpassing estimates of $6.11 billion [1]. - Revenue from the concerts segment rose by 12% to $5.15 billion, exceeding estimates of $4.93 billion [1]. - Ticketing revenue remained nearly flat, with a slight increase of 1% to $846.2 million compared to $841.1 million the previous year [1]. Market Demand - The company experienced a global concert attendance of 159 million fans in 2025, up from 151 million in the prior year [1]. - Early ticket sales for Live Nation concerts in 2026 showed a double-digit increase, reaching approximately 67 million fans, with over 80% of large-venue shows already booked [1]. Industry Context - Analysts noted a renewed investor interest in "AI-resistant" businesses, which may further benefit Live Nation [1]. - A federal judge allowed an antitrust lawsuit against Live Nation to proceed, alleging the company used its market control to harm competition, with a trial set for March [1].

BofA commits $25 billion to private credit deals, memo shows | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Bank of America logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration/File Photo [Purchase Licensing Rights, opens new tab]Feb 19 (Reuters) - Bank of America [(BAC.N), opens new tab] is committing $25 billion to private credit deals, according to an internal memo seen by Reuters.Traditiona ...

Fintech Clear Street withdraws US IPO filing | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The Wall Street sign hangs outside the New York Stock Exchange (NYSE) building on Tuesday following Monday's broad sell off in New York City, U.S., March 11, 2025. REUTERS/Shannon... [Purchase Licensing Rights, opens new tab] Read moreFeb 19 (Reuters) - Wall Street broker Clear Street has withdrawn its registration statement for a U.S. list ...

Group 1 - NASA administrator Jared Isaacman criticized Boeing and agency leadership for their management of the Starliner spacecraft mission, which resulted in two astronauts being stranded on the International Space Station (ISS) for nearly a year [1] - A 300-page report was released by NASA, detailing the technical and oversight failures that occurred during Starliner's first crewed flight in 2024, which left astronauts Butch Wilmore and Suni Williams on the ISS for nine months [1]

Walgreens cuts workforce after private equity buyout, Bloomberg News reports | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A sign advertises flu, pneumonia, and shingles vaccine shots at a Walgreens pharmacy in Miami, Florida, U.S. September 4, 2025 REUTERS/Marco Bello [Purchase Licensing Rights, opens new tab]- Companies[Amazon.com Inc]Follow[Walmart Inc]FollowFeb 19 (Reuters) - Pharmacy chain Walgreens is laying off over 600 em ...

Johnson & Johnson is preparing a potential sale of the orthopedics unit that it has been planning to separate, with big buyout firms already circling, Bloomberg News reported on Thursday, citing peopl... ...

Core Viewpoint - The International Brotherhood of Teamsters is seeking to block UPS from offering $150,000 buyouts to drivers, fearing that over 10,000 drivers may accept these offers, which the union argues violate their labor contract [1][2]. Group 1: Buyout Program Details - UPS plans to extend buyout offers to 105,000 employees as part of a workforce reduction strategy [1]. - The union claims that the buyout plan was initiated without negotiations, violating the 2023 labor contract [1][2]. - UPS previously launched a buyout program that offered $1,800 per year of service, with a $10,000 minimum, but only 3,000 drivers opted in [1]. Group 2: Union's Position - The union estimates that tens of thousands of drivers will be tempted to apply for the new buyout offers, hoping to receive the $150,000 payout [1]. - The union's attorney argues that accepting the buyouts could lead to chaotic situations if later deemed improper by an arbitrator [1]. Group 3: UPS's Defense - UPS's counsel contends that the labor contract does not prohibit offering buyouts and that layoffs would be the alternative, which the contract allows [1]. - UPS is addressing an 8.6% decline in package deliveries, which is expected to continue into 2026, and is seeking to provide an opportunity for employees to leave voluntarily [1].

Group 1 - Advanced Micro Devices (AMD) is providing a $300 million loan guarantee to startup Crusoe for the purchase of AI chips [1] - The AI chips will be deployed in a data center located in Ohio [1]

Core Insights - Apple TV has entered a distribution agreement with EverPass Media to provide live sports content to various businesses, enhancing visibility in public venues [1] - The deal aims to drive subscriptions, customer traffic, and brand loyalty through group viewing experiences [1] Company Developments - Apple TV's sports programming includes coverage of Formula 1, Major League Soccer, and MLB's "Friday Night Baseball" [1] - EverPass Media's CEO highlighted that Apple's content diversifies their premium offerings, which already include UEFA Champions League and NFL content [1] Industry Impact - The partnership signifies a growing trend of streaming services targeting commercial venues to expand their audience and revenue streams [1] - EverPass Media collaborates with major sports rights holders to provide commercial access to premium sports content for businesses [1]

Core Viewpoint - The Washington Supreme Court has ruled that Amazon must face lawsuits from families whose relatives committed suicide after consuming sodium nitrite purchased on its platform, overturning a lower court's decision that dismissed negligence claims [1]. Group 1: Legal Developments - The court's unanimous decision allows families to pursue negligence claims against Amazon under Washington state product liability law [1]. - The ruling indicates that the court does not consider suicide to be a superseding cause that absolves Amazon of responsibility for the sale of sodium nitrite [1]. Group 2: Allegations Against Amazon - Four families have accused Amazon of promoting sodium nitrite alongside other products that could facilitate suicides [1]. - The families claim that Amazon has been aware of the connection between sodium nitrite and suicide for years but continued to sell the product without restrictions [1].