A Manhattan jury found Live Nation-Ticketmaster liable on three counts of antitrust violations, ruling the company an illegal monopolist in live event ticketing, amphitheater markets, and an illegal tying arrangement linking its concert promotion business to venue access. The verdict, reached after several days of deliberation, exposes the entertainment giant to a potential forced breakup. The lawsuit was originally filed by the Biden administration's Department of Justice with a structural breakup as its explicit goal. The Trump administration's DOJ had separately reached a settlement that stopped well short of that outcome, making the jury verdict a significant escalation beyond what the current administration pursued. A breakup order would be the most consequential antitrust remedy in U.S. entertainment history, potentially separating Ticketmaster's ticketing infrastructure from Live Nation's venue and promotion operations. The immediate question is whether the court will pursue divestiture or impose behavioral remedies, and whether the DOJ under the Trump administration will advocate aggressively for structural relief given its prior settlement posture.
India's Expenditure Finance Committee has cleared a Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, up 64 percent from ISM 1.0's Rs 76,000 crore. The proposal now goes to the Cabinet, as two chip plants begin commercial output and a third, CG Semi, is set to open July 4, 2026.
The Supreme Court blocked Trump from firing Federal Reserve board member Lisa Cook, preserving the Fed's independence from presidential removal power. A separate ruling the same day gave Trump broader authority to dismiss leaders of other independent federal agencies.
The US Supreme Court has blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, who faced unproven mortgage fraud allegations. The ruling preserves Fed independence for now and keeps a politically charged removal case alive in the courts.
The US Supreme Court, splitting along ideological lines, has allowed the Trump administration to end Temporary Protected Status for Haitian and Syrian immigrants.
