The Justice Department sued Live Nation in 2024, accusing the concert giant of operating an illegal monopoly that stifles competition and drives up ticket prices.
Tag Archive for Business Legal
Hot Business News Today
He Ruined His Career for $46,000 — Then Became an FBI Informant for the Biggest Insider Trading Sting in History
by Dan Bova • • 0 Comments
Hot Business News Today
1,800+ Companies Suing Government, Seeking $130 Billion in Tariff Refunds After Supreme Court Ruling
by Jonathan Small • • 0 Comments
Major corporations like Costco, FedEx, and Goodyear are attempting to recover money paid on duties ruled illegal by the high court.
Hot Business News Today
The Supreme Court Just Struck Down Trump’s Tariffs — Will Companies Be Refunded?
by Jonathan Small • • 0 Comments
The Supreme Court ruled Friday that President Trump exceeded his authority by imposing tariffs without Congress. In a 6-3 ruling, the court found that the International Emergency Economic Powers Act, which Trump used to impose many of his tariffs, “does not authorize the President to impose tariffs.” Chief Justice John Roberts delivered the majority opinion. Justices Clarence Thomas, Samuel Alito, and Brett Kavanaugh dissented.
The ruling strikes down tariffs that generated the majority of U.S. tariff revenue last year, including “reciprocal” tariffs and duties related to fentanyl trafficking from Mexico, Canada, and China. The court noted that no president before Trump had ever used the statute to impose tariffs of this magnitude and scope. To justify such powers, Trump must “point to clear congressional authorization,” the court wrote. “He cannot.”
The big question now is refunds. The ruling was silent on whether tariffs already paid must be refunded to importers. Companies could be eligible for payments totaling hundreds of billions of dollars, but the refund process—including who gets paid, when, and how—will be decided by lower courts. In his dissent, Kavanaugh warned the refund process “is likely to be a ‘mess.’”
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Hot Business News Today
Mark Zuckerberg’s Team Showed Up to Court Wearing Meta Ray-Bans. The Judge Was Not Amused.
by Jonathan Small • • 0 Comments
Mark Zuckerberg walked into court to defend Instagram from accusations it addicts children. But it was his entourage that drew the attention of the judge. At least two people flanking the Meta CEO on Wednesday wore Meta Ray-Ban smart glasses—AI-equipped eyewear that can record video. Judge Carolyn Kuhl immediately issued a warning. “If you have done that, you must delete that, or you will be held in contempt of the court,” she said, according to CNBC. “This is very serious.”
The glasses became a focal point in a landmark trial about Instagram’s impact on young users. Zuckerberg testified in a case brought by a 20-year-old woman who claims she became addicted to Instagram at age 9. The lawsuit alleges Meta deliberately designed features like beauty filters, infinite scroll, and auto-play to hook children.
Meta Ray-Ban glasses have become controversial for their ability to record others. Sales of the glasses more than tripled in 2025, Zuckerberg said last month. The trial continues for several more weeks.
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