By Firstpost-Tech
The US Justice Department told a federal judge that Live Nation Entertainment Inc. should be broken up because the company maintains a stranglehold over the live events industry, in part by freezing out venues that don’t use its Ticketmaster unit.
Intel Corp.’s stock slide is delivering a reality check to President Donald Trump’s vision for quickly reviving domestic chip manufacturing led by an American champion, four months after the US moved to acquire as much as a 10% stake in the company.
FIRST CITIZENS BANCSHARES-RESULTS/:First Citizens BancShares slides after downbeat annual interest income forecast
Major companies including Amazon and Ericsson are set to make substantial job cuts in early 2026. Amazon plans to reduce thousands of roles, while Ericsson will cut 1,600 jobs in Sweden. Citigroup and BlackRock also announced layoffs as part of cost-reduction strategies.
