The US Federal Trade Commission and seven states accused Live Nation and its ticketing arm Ticketmaster of costing fans millions of dollars by tacitly allowing ticket brokers to scoop concert tickets and sell them to at a significant markup, the agency said on Thursday.The lawsuit deepens Ticketmaster’s legal woes, which began after its botched 2022 sale of tickets to Swift’s much-hyped Eras tour.Live Nation shares were trading down 2.3% on the news.Ticketmaster, which controls 80% of primary ticketing for ...

The U.S. Federal Trade Commission sued educational technology company Chegg Inc for allegedly making it difficult to cancel subscriptions, according to court papers filed in San Jose, California on Monday. ...

This story was originally published on CX Dive. To receive daily news and insights, subscribe to our free daily CX Dive newsletter. Dive Brief: The Department of Transportation is rolling back a plan to require airlines to compensate customers for flight cancellations or significant changes caused by the carriers themselves, according to a notice of withdrawal posted earlier this month. The DOT, under the Biden administration, launched the rulemaking process in December of last year. It proposed requi ...

I was laid off for about 6 weeks and got reinstated. Of course, I had mailed my computer back, mailed my laptop back, my ID card, all of that. Um, so it actually took them another 2 or 3 weeks to send me my laptop back. So, I was sort of being paid to do nothing for the first 2 or 3 weeks.It was sort of the model of of inefficiency, if you will. I think I was back for about a month or so. Ended up putting in my two week notice and taking another role.They tried to fire 95% of the the agency the day that I g ...

Core Viewpoint - Capital One is facing a lawsuit from New York Attorney General Letitia James for allegedly misleading depositors regarding interest rates on its 360 Savings accounts, resulting in millions of dollars in lost interest [1][3][4]. Group 1: Allegations Against Capital One - The lawsuit claims that Capital One promised depositors one of the highest interest rates in the country for its 360 Savings accounts but froze the rate at 0.30% despite rising interest rates nationwide [1][4]. - Capital One launched 360 Performance Savings accounts in September 2019, offering new depositors interest rates that peaked at 4.35%, while existing depositors remained at lower rates [2][3]. - The complaint alleges that Capital One did not inform 360 Savings depositors about the possibility of earning higher rates by switching accounts and instructed employees to remain silent unless customers inquired [3][6]. Group 2: Legal and Financial Context - The lawsuit seeks civil fines and restitution for affected customers, accusing Capital One of violating New York consumer protection laws [3][4]. - Capital One's current yield on its 360 Performance Savings accounts is 3.6% [4]. - The company recently settled private nationwide litigation regarding the 360 Savings accounts, although the terms of the settlement have not been disclosed [6].