Live Nation’s stock sinks on a possible antitrust suit — but Wall Street analysts aren’t worried

Shares of Ticketmaster parent Live Nation Entertainment Inc. slid on Tuesday, following reports that it could soon be hit by a government antitrust lawsuit. But analysts suggested critics of the concert-industry giant — who have long complained about its industry dominance — should temper their expectations. Whatever the precise allegations might be in any possible […]

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U.K. sees biggest jobless rise since the pandemic

The U.K. saw the biggest jump in unemployment since the pandemic, according to data released Tuesday that reinforces the likelihood the Bank of England will soon lower interest rates. The Office for National Statistics said the unemployment rate in the three months to February rose to 4.2% from 3.9%. Economists had expected the jobless rate […]

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‘Streamflation’ nation: Streaming platforms are overcharging us for subpar content

Consumers are facing significant price hikes from streaming services for digital entertainment. Once hailed as a cost-effective, superior alternative to traditional cable TV, streaming platforms are now under scrutiny for what appears to be a strategy of overcharging for often subpar content. The surge in subscription costs, a stark departure from the initial affordability that […]

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Charles Schwab’s stock falls as earnings and revenue per trade decline

Shares of Charles Schwab Corp. fell Monday after the financial-services and brokerage company reported first-quarter earnings that fell as client trading activity increased but revenue per trade continued to decline. Adjusted profit and revenue just topped expectations, however, as strength in the asset-management business offset misses in trading and bank deposit-account fees. The stock SCHW, […]

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Temenos shares rally as independent review says short seller’s claims were ‘misleading’

Temenos shares surged by 20% on Monday after an independent review into allegations made by Hindenburg Research said the short-seller’s claims were “inaccurate and misleading.” The review –- which was carried out by lawyers and accountants from Schellenberg Wittmer, Sullivan & Cromwell, and Alvarez & Marsal Switzerland –- said Hindenburg Research made misleading claims in […]

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Regeneron accused of ‘fraudulent’ drug-pricing reporting for eye drug Eylea

The Department of Justice on Wednesday accused drug maker Regeneron Pharmaceuticals Inc. of fraudulent practices related the pricing of its blockbuster vision-impairment drug Eylea, boosting its sales in the process. The agency alleged that Regeneron REGN, -0.81% inflated Medicare reimbursement rates on Eylea for years by “knowingly submitting” false sales price reports to the Centers […]

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‘Please don’t judge me’: I’m 54, and married with 5 kids. I have $20,000 in debt and $20,000 in mutual funds. I just inherited $10,000. How do I invest it?

April is National Financial Literacy Month. To mark the occasion, MarketWatch will publish a series of “Financial Fitness” articles to help readers improve their fiscal health, and offer advice on how to save, invest and spend their money wisely. Read more here. Dear Quentin, Please don’t judge me on what is in the past. There was […]

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