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Repeat after me one more time: Ticketmaster does not set the price of concert tickets – National

6Dec

By Aditi PawarNo Comments

Entertainment, Movies

Repeat after me one more time: Ticketmaster does not set the price of concert tickets – National

It happened twice in the last couple of weeks. The first time, it was a guest column in The Globe and Mail entitled “I fought Ticketmaster, and Ticketmaster won.” Over the next 869 words, the writer bemoaned the difficulties she had getting tickets to hot shows by Taylor Swift, Bad Bunny, and Beyonce.All the gigs were sold out. In other words, there were more bums than seats for these shows. With demand sky-high, the price of tickets on the secondary market followed suit following the laws of supply and demand. We deal with that basic of capitalism every single day.The author also spelled out a litany of grievances against Ticketmaster: The bait-and-switch of dynamic prices; allegations (still not tested in court) of the company colluding with scalpers; alleged pressure on small venues to ...

RBI keeps rates steady, revises down GDP growth forecast 2025 fiscal year

6Dec

By Aditi PawarNo Comments

Business

RBI keeps rates steady, revises down GDP growth forecast 2025 fiscal year

Signage for the Reserve Bank of India (RBI) in Mumbai, India, on Friday, April 5, 2024. Dhiraj Singh | Bloomberg | Getty ImagesIndia's central bank expectedly kept the benchmark interest rate unchanged at 6.50% on Friday as it struggles to contain rising inflation without hurting growth in Asia's third-largest economy.The decision came in line with economists' expectation in a Reuters poll, as India's consumer prices inflation surged to a 14-month high of 6.21% in October, significantly higher than the central bank's target of 4% and also above its tolerance ceiling of 6%.Reserve Bank of India Governor Shaktikanta Das said the central bank had revised India's GDP growth outlook for fiscal year 2025 down to 6.6% — RBI had forecast 7.2% growth in October — adding that the slowdown in the dom...

Manhunt underway in New York for killer of UnitedHealth’s Brian Thompson

6Dec

By No Comments

World News

Manhunt underway in New York for killer of UnitedHealth’s Brian Thompson

By Rich McKay and Luc Cohen, Reuters Police said the gunman arrived outside the hotel several minutes before Brian Thompson and waited for him to walk past. Photo: NYPD via CNN New York City police were searching for the man who killed UnitedHealth executive Brian Thompson in a brazen attack outside a Midtown Manhattan hotel before fleeing into Central Park. Thompson, the CEO of UnitedHealth's insurance unit, was was shot from behind on Thursday in what police described as a targeted attack by a masked assailant lying in wait. It came just before the company's annual investor conference at the Hilton on Sixth Avenue. The words "deny," "defend" and "depose" were carved into the shell casings found at the scene, police sources told ABC and the New York Post. Reuters has not independent...

UniCredit’s Orcel could still sweeten his bid and take on a double M&A offensive

6Dec

By Aditi PawarNo Comments

Business

UniCredit’s Orcel could still sweeten his bid and take on a double M&A offensive

Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty ImagesDivided between two takeover courtships, UniCredit's Andrea Orcel still has room to sweeten his bid for Italy's Banco BPM, analysts say, while political turmoil stalls a deal with Germany's Commerzbank. Once a key architect in the controversial 2007 takeover and later break-up of Dutch bank ABN Amro, Orcel revisited his ambitions for cross-border consolidation with the September announcement of a surprise stake build in Commerzbank. Until recently, the latter had been the subject of speculation as a potential merger partner for Germany's largest lender, Deutsche Bank.Amid resistance from the German government — and turbulence in Chancellor Olaf Scholz's ruling ...

South Korea’s President Yoon must be suspended, ruling party leader says

6Dec

By No Comments

World News

South Korea’s President Yoon must be suspended, ruling party leader says

By Hyunsu Yim and Ju-min Park, Reuters A television screen shows South Korea's President Yoon Suk Yeol announcing the lifting of martial law, in Seoul, South Korea on December 4, 2024, hours after Yoon imposed it. Photo: YONHAP / AFP South Korea's ruling party leader says President Yoon Suk Yeol needs to be removed from power for trying to impose martial law, as the government denied reports that it was preparing to issue another martial law declaration. Yoon shocked the nation and his own ruling People Power Party on Tuesday when he gave the military sweeping emergency powers in order to root out what he called "anti-state forces" and overcome obstructionist political opponents. He rescinded the declaration about six hours later after parliament, including some members of his party,...

LSU star Flau’jae Johnson signs equity deal with Unrivaled basketball league

6Dec

By Aditi PawarNo Comments

Business

LSU star Flau’jae Johnson signs equity deal with Unrivaled basketball league

BATON ROUGE, LOUISIANA - NOVEMBER 9: Flau'jae Johnson #4 of the LSU Tigers in action during a game against the Northwestern State Demons at the Pete Maravich Assembly Center on November 9, 2024 in Baton Rouge, Louisiana. (Photo by Kristen Young/LSU/Getty Images)Reagan Cotton/lsu | University Images | Getty ImagesFlau'jae Johnson has a lot going on at the moment.The 21-year-old star basketball player, rapper, student and aspiring businesswoman has just inked her latest deal with the new women's 3-on-3 basketball league Unrivaled.Terms of the deal were not disclosed, but Johnson will receive an equity stake in the league."I wanted to be involved in something that is pushing the women's game forward," Johnson told CNBC.Unrivaled, which kicks off its inaugural season in January, looks to offer...

Bianca Jones remembered for ‘profound impact’ at funeral service after death from Laos methanol poisoning

6Dec

By No Comments

World News

Bianca Jones remembered for ‘profound impact’ at funeral service after death from Laos methanol poisoning

Bianca Jones died after falling ill in the tourist town of Vang Vieng in Laos in November. Photo: ABC / Con Chronis Melbourne teen Bianca Jones has been farewelled by family and friends at a funeral at her old school after her death from methanol poisoning during a holiday in Asia. Jones and her friend Holly Bowles, both 19, were staying in the tourist town of Vang Vieng in Laos when they fell ill in November. They were both transferred to hospitals in Thailand, where they later died surrounded by their families. Bianca Jones, left, and Holly Bowles. Photo: ABC/Supplied On Friday, Mentone Girls' Grammar principal Natalie Charles read out a statement from the Jones family, thanking the public for their support and compassion during what had been an extremely difficult time. "Your k...

Court rejects Boeing plea deal in 737 Max crashes, citing DEI concerns

6Dec

By Aditi PawarNo Comments

Business

Court rejects Boeing plea deal in 737 Max crashes, citing DEI concerns

Nadia Milleron, whose daughter Samya Stumo was killed in the crash of Ethiopian Airlines Flight 302, holds a sign with photos of the crash victims during a Senate Commerce, Science and Transportation Committee hearing on aviation safety and the future of the Boeing 737 Max aircraft, in the Hart Building in Washington, D.C., Oct. 29, 2019.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesA federal judge on Thursday rejected Boeing's plea deal tied to a criminal fraud charge stemming from fatal crashes of the manufacturer's 737 Max aircraft.U.S. District Judge Reed O'Connor of the U.S. District Court for the Northern District of Texas expressed concern in his decision that the selection process for a government-appointed monitor, a condition of the plea deal, would be affected by diversity, eq...

Muhammad was most popular boys’ baby name in England and Wales in 2023

6Dec

By No Comments

World News

Muhammad was most popular boys’ baby name in England and Wales in 2023

Photo: 123RF Muhammad was the most popular name given to baby boys in England and Wales in 2023, ousting Noah to take the top spot, official figures showed. Muhammad had been among the 10 most popular names since 2016 and had been in second place in 2022, according to the annual list produced by the Office for National Statistics. Oliver replaced George as the third most popular. For baby girls, the top three most popular names in 2023 - Olivia, Amelia and Isla - were unchanged from the previous year. The ONS said that the world of celebrity appeared to have influenced the increased popularity of some names, citing babies named Reign and Saint after those from the Kardashian-Jenner family and a rise in those sharing the names of pop musicians such as Billie Eilish. However, it said names...

Want to beat heart disease, cancer? New research claims eating 5 mushrooms helps

6Dec

By No Comments

Health

Want to beat heart disease, cancer? New research claims eating 5 mushrooms helps

Low in calories and packed with essential vitamins and minerals, mushrooms make for an excellent addition to your diet and according to new research, eating just five small mushrooms a day could help combat a range of diseases, including heart disease, cancer and dementia. This is due to two key antioxidants — ergothioneine and glutathione. These substances play a significant role in neutralising damaging `free radicals`, which are implicated in a variety of severe diseases, according to researchers. “What we found is that, without a doubt, mushrooms are highest dietary source of these two antioxidants taken together, and that some types are really packed with both of them,” said Robert Beelman, director at the Penn State Centre for Plant and Mushroom Products for Health in the US. Por...