Bloomberg Business

Live Nation Proposes Concert Reforms After Taylor Swift Fiasco

Live Nation Entertainment Inc., accused of anti-competitive practices by politicians, proposed reforms to the global concert business, saying they would benefit fans who have struggled to get tickets to see top acts like Taylor Swift.

RBNZ’s Silk Sees Upside Risks to Inflation Outlook

Reserve Bank of New Zealand Assistant Governor Karen Silk said there are still upside risks to the inflation outlook and the forecast peak in the bank’s cash rate is “not set in stone.”

China Probably Approved Dual-Use Items to Russia, Blinken Says

China’s government probably approved of Chinese firms providing Russia non-lethal, “dual-use” support for its war in Ukraine, Secretary of State Antony Blinken said Thursday, in remarks that underscore growing US concern that Beijing may go further and help arm President Vladimir Putin’s forces.

Ozy Media CEO Touted Fake $600 Million Buyout Offer, US Says

Ozy Media Inc. Chief Executive Officer Carlos Watson lied to an investor that his California-based company had received a $600 million takeover offer from a large tech firm, federal prosecutors in New York said in a wide-ranging fraud indictment against the startup and its boss.

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