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Asia’s richest man considers legal action over short seller’s ‘baseless’ fraud claims

By Diksha Madhok, CNN India’s Adani Group has denounced allegations of fraud made by Hindenburg Research as “baseless” and a “malicious combination of selective misinformation,” and is considering legal action against the US-based short seller. Hindenburg Research published an investigation on billionaire Gautam Adani’s sprawling conglomerate on Tuesday, accusing it of “brazen stock manipulation and

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Ticketmaster gets grilled: 6 takeaways from hearing over Taylor Swift concert fiasco

By Samantha Murphy Kelly, CNN Business Lawmakers grilled a top executive of Ticketmaster’s parent company, Live Nation Entertainment, on Tuesday after the service’s inability to process orders for Taylor Swift’s upcoming tour left millions of people unable to buy tickets late last year. During the three-hour hearing, senators pressed Live Nation president and CFO Joe

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Ticketmaster gets grilled: 6 takeaways from hearing over Taylor Swift concert fiasco

By Samantha Murphy Kelly, CNN Business Lawmakers grilled a top executive of Ticketmaster’s parent company, Live Nation Entertainment, on Tuesday after the service’s inability to process orders for Taylor Swift’s upcoming tour left millions of people unable to buy tickets late last year. During the three-hour hearing, senators pressed Live Nation president and CFO Joe

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Major railroad posts record earnings, spends more on share repurchases than on its employees

By Chris Isidore, CNN Union Pacific, one of the major freight railroads that successfully fought off union demands for paid sick days for workers during contentious labor negotiations in 2022, reported another year of record earnings Tuesday. The company, along with CSX, Norfolk Southern and Burlington Northern Sante Fe, narrowly avoided a strike by its

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