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☆ In the Market-Inside a startup’s struggle in a higher-for-longer world
▼ + stars: | 2023-10-16 | by ( Paritosh Bansal | Thomson Reuters | Paritosh Oversees The Work Of More Than Journalists Across The Globe Who Write About Finance | ) www.reuters.com time to read: +6 min

Marvel, a unit of Walt Disney (DIS.N), initially planned to use Tractiv's software in a post-production process, documents show. They provide rare, sometimes blow-by-blow insight into the hardship facing startups, key drivers of American innovation. In February 2021, Tractiv got a major break when it gave a demonstration of the software to venture capital firms. The next few months Tractiv had a series of conversations with major financial services companies, including banks such as JPMorgan Chase (JPM.N). Several showed interest in Tractiv's software but did not buy it.

Persons: Beresford Hodge, Walt Disney, Drew Orsinger, Tractiv's, they're, Mark Almeida, Tractiv, Orsinger, Hans Morris, Morris, JPMorgan Chase, Jan, Nyca, Nyca's Morris, Paritosh Bansal, Anna Driver Organizations: Walt Disney Studios, REUTERS, Tractiv, Marvel Studios, Marvel, Walt, Disney, Hollywood, Venture, Reuters, SpaceX, CME Group, Honeywell, Nyca Partners, JPMorgan, Thomson Locations: London, Britain, Tractiv, headwinds

☆ Cricket-mad India is hosting the World Cup – and tickets are reselling at astronomical prices
▼ + stars: | 2023-10-13 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

India is hosting the Cricket World Cup over the next two months. Secondhand ticket prices have soared – although some fans say the process to buy them has been poorly-managed. AdvertisementAdvertisementCricket-mad India is currently hosting the sport's flagship event, the ODI World Cup – but fans who want to see the national team play live might have to pay thousands of dollars for the privilege. Tickets are reselling on secondhand marketplaces for sky-high prices, while supporters are complaining that the process to buy seats for marquee games has been poorly managed. AdvertisementAdvertisementThe official website for the World Cup says tickets for future India matches are "coming soon" – even though the Rohit Sharma-led side are slated to take on New Zealand in Dharamsala in just 10 days' time.

Persons: Bloomberg he’d, —, Nikhil Wadhwani, he'd, –, Wadhwani, Rohit Sharma, Taylor Swift, Olivia Rodrigo Organizations: Cricket, Bloomberg, Service, Pakistan's, scalpers, New Zealand, NBA, England Locations: India, Pakistan, Ahmedabad, Mumbai, New, Dharamsala, Australia

☆ Elon Musk has custody of son X despite mother Grimes' objections, court doc says
▼ + stars: | 2023-10-12 | by ( Jack Newsham | Grace Kay | ) www.businessinsider.com time to read: +4 min

She told a Texas court that son X "is only absent from California over [her] objection." Grimes, the musician who has three children with Elon Musk , told a Texas court last week that their eldest son X Æ A-XII Musk isn't with her in California "over [her] objection." The artist, whose real name is Claire Boucher, asked a Texas court on October 6 to throw out Musk's child-custody case. Their oldest child, three-year-old son X, is "only absent from California over [Boucher's] objection," according to the document, obtained by Insider. In his biography on Musk, Walter Isaacson wrote that with X Musk had a "free-range" parenting style that was far from "doting."

Persons: Grimes, Elon Musk's, X, —, Elon Musk, Claire Boucher, Musk, Tesla, Tesla's, Walter Isaacson, X Musk, Walter Isaacson’s, Isaacson, Recep Tayyip Erdoğan, We're, Grimes —, Shivon Zilis Organizations: Tesla, Service, Variety, SpaceX Locations: California, Texas, Hungary, Tesla's gigafactory, Turkey, New York

NEW YORK (AP) — Troye Sivan was initially going to begin his third full-length album with a ballad, a wistful song looking back at lost love. “It was a feeling that I knew that I was feeling in life that I hadn’t yet managed to distill,” Sivan says. And I’m really happy about that.”The new album has the potential to cement Sivan among today's pop elite. “I didn’t really feel the pressure to prove anything this time around,” he says. Whereas now I’m like, ‘No, this sounds really cool and I love it.’ So I want to I want to just go for it," Sivan says.

Persons: — Troye Sivan, Frisky, ”, —, Rush, ” Sivan, ‘, ’, “, I’m, “ Bloom, Ariana Grande, Alessia Cara, Charli, Zedd, Betty Who, Sivan, Ian Kirkpatrick, ” ___ Mark Kennedy Organizations: “, Sivan Locations: ”

ABUJA, Nigeria (AP) — A nurse was identified on Friday as the “principal suspect” in the mysterious death of a Nigerian Afrobeat star, which triggered dayslong protests by thousands demanding justice. Investigations into the death of Ilerioluwa Aloba, better known as MohBad, in the commercial hub of Lagos have pointed to the nurse who treated the late singer before his death, Lagos police chief Idowu Owohunwa told reporters on Friday. Questions about the cause of his death prompted protests, rallies and grief spilling onto the streets across the West African nation. The outrage over the singer's death was also directed at Naira Marley, his former boss and controversial musician currently on trial in Nigeria for alleged internet fraud. “She acknowledged that it was the injections that she administered on the deceased that triggered the reactions which eventually led to Mohbad’s death.”

Persons: ”, Ilerioluwa, Idowu Owohunwa, “, ” Owohunwa, Aloba, Naira Marley, Marley, maltreating, wasn't, Owohunwa Locations: ABUJA, Nigeria, Nigerian, Lagos, West African, Aloba

☆ Taylor Swift's Eras Tour concert film surpasses $100 million in ticket sales
▼ + stars: | 2023-10-05 | by ( Laya Neelakandan | ) www.cnbc.com time to read: 1 min

Taylor Swift's Eras Tour concert film is already a $100 million blockbuster — and it hasn't even hit theaters yet. AMC announced Thursday that global advance ticket sales for the pop singer's movie surpassed the jaw-dropping threshold this week. "Taylor Swift: The Eras Tour" is set to hit the big screen on Oct. 13 in more than 100 countries across the world, distributed by AMC. AMC said audience demand for the movie has been exceedingly high since the film was announced, shattering the theater chain's U.S. record for the highest ticket sales revenue during a single day. The film will chronicle Swift's experience during her record-breaking Eras Tour.

Persons: Taylor, Taylor Swift Organizations: AMC

A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. Programmable chips sit between Intel's general purpose chips and chips that are designed for a single task and used in everything from encrypting data to 5G wireless telecommunications equipment. Intel said Sandra Rivera, an Intel veteran, will oversee the new unit, which will keep using Intel's factory to make its chips. Programmable chips are used in defense applications such as fighter jets. The deal follows Intel's earlier moves to sell its memory chip unit to SK Hynix and take public part of its Mobileye self-driving car chip unit.

Persons: Dado Ruvic, Sandra Rivera, Rivera, Pat Gelsinger's, Michael Ashley Schulman, Stephen Nellis, Samrhitha, Shilpi Majumdar, David Gregorio 私たち Organizations: REUTERS, Intel, Nvidia, Devices, SK Hynix, Taiwan Semiconductor Manufacturing, Running, Capital Advisors Locations: Taiwan, North America, San Francisco, Bengaluru

☆ Fans spotted a Taylor Swift-themed easter egg during the 'Sunday Night Football' stream on YouTube — but you had to pause to see it
▼ + stars: | 2023-10-02 | by ( Haley Tenore | ) www.businessinsider.com time to read: +2 min

Taylor Swift has been making appearances at Chiefs games amid a rumored romance with Travis Kelce. Fans noticed a Taylor Swift-themed easter egg while watching the Chiefs vs. The scrub button turned into a hand-heart emoji, a gesture that is synonymous with Taylor Swift. On Sunday night during the Chiefs match-up with the New York Jets, some Swifties and football fans watching the game on YouTube TV noticed a Taylor Swift-themed easter egg hidden in plain sight. Taylor Swift was first seen at a Chiefs game on September 24 sitting with Kelce's family.

Persons: Taylor Swift, Travis Kelce, —, Swift, Kelce, Kelce merch Organizations: Chiefs, Jets, YouTube, Service, Kansas City Chiefs, New York Jets, New York Times, Kelce Locations: Kelce

☆ Sen. Durbin renews call for a Supreme Court code of conduct amid ethics concerns
▼ + stars: | 2023-10-02 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

WASHINGTON — Senate Judiciary Committee Chairman Dick Durbin called on the Supreme Court to create a code of conduct as its new term begins Monday. Durbin for about a dozen years has, without success, asked the Supreme Court to adopt an enforceable code of conduct. Supreme Court justices are the only federal judges who are exempt from the official ethics rules. The Supreme Court has been under scrutiny this year because of media reports about justices receiving luxury travel, gifts, and other benefits. Durbin earlier this year asked Chief Justice John Roberts to appear before the Judiciary Committee to discuss Supreme Court ethics after the articles were first published.

Persons: Amy Coney Barrett, Neil M, Gorsuch, Brett M, Kavanaugh, Ketanji Brown Jackson, Sonia Sotomayor, Clarence Thomas, John G, Roberts, Jr, Samuel A, Alito, Elena Kagan, Dick Durbin, Durbin, ProPublica, Harlan Crow's, Samuel Alito, Paul, John Roberts Organizations: Supreme, WASHINGTON, Elliott Management Locations: Washington, WASHINGTON —, Argentina

☆ Britney Spears: Wellness check to singer's home over video showing her dancing with knives
▼ + stars: | 2023-09-28 | by ( Josh Campbell | ) edition.cnn.com time to read: +3 min

CNN —Officials were called to the southern California home of Britney Spears on Wednesday to conduct a wellness check after the singer posted a video on social media depicting her dancing with knives. Someone close to Spears called authorities “genuinely concerned about her wellbeing,” Ventura County Sheriff’s Office Captain Dean Worthy told CNN. The sergeant arrived at the Spears home, Worthy said, and was contacted over an entrance intercom by a member of Spears’ security team. In January, Spears was the subject of another wellness check, when she said “prank phone calls” prompted police to visit her home. Jason Karol from the Ventura County Sheriff’s office confirmed that the department had “received some calls from concerned fans” after Spears deleted her Instagram account.

Persons: Britney Spears, Spears, “, Dean Worthy, ”, Worthy, ” Spears, “ gaslit, Jason Karol Organizations: CNN —, CNN, Spears, Los Angeles Police Department, Twitter Locations: California, Ventura County, Thousand Oaks , California

☆ Supreme Court ethics concerns aren't going away
▼ + stars: | 2023-09-27 | by ( Andrew Chung | ) www.reuters.com time to read: +5 min

The ethics concerns are not going away, according to legal experts, even as the court in its new term takes up cases that could further expand gun rights and curtail the regulatory authority of federal agencies. Some conservatives view the ethics narrative involving the court as cooked up by liberals upset at its rightward leanings. Supreme Court justices decide for themselves whether to disqualify themselves from cases due to a conflict of interest. Thomas, Alito and lawyers involved in the two cases did not respond to requests for comment. The lack of an ethics code, Fogel added, "will continue to fuel doubts, fairly or unfairly, about the court's integrity."

Persons: Clarence Thomas, Samuel Alito, Jeremy Fogel, drumbeat, John Malcolm, Malcolm, Thomas, Harlan Crow, ProPublica, Koch, Alito, Paul Singer, Singer's, Neil Gorsuch, Sonia Sotomayor, Geoffrey Stone, Fogel, Andrew Chung, John Kruzel, Will Dunham 私たち Organizations: U.S, Supreme, hobnobbing, Judicial, University of California, Berkeley School of Law, Reuters, Heritage Foundation, Singer, Singer's Elliott Investment Management, Windstream, University of Chicago Law Locations: U.S, Texas, Alaska, Chicago, New York, Washington

[1/2] Taylor Swift attends the 2023 MTV Video Music Awards at the Prudential Center in Newark, New Jersey, U.S., September 12, 2023. loading"Been so excited to tell you all that The Eras Tour concert film is now officially coming to theaters WORLDWIDE on Oct 13!" Previously, Swift had said the movie, called "Taylor Swift: The Eras Tour," would only be released in North America. Swift’s film is expected to collect between $96 million and $145 million at the domestic box office during its opening weekend, according to projections from Box Office Pro. On Nov. 1, 2022, Swift announced her Eras Tour— 53 shows played in stadiums across the United States.

Persons: Taylor Swift, Andrew Kelly, Swift, Walt Disney’s, Danielle Broadway, Lisa Richwine, Clare Trainor, Dea Bankova, Lisa Shumaker Organizations: Prudential Center, REUTERS, AMC Entertainment, Walt Disney’s Marvel, Star Wars, Thomson Locations: Newark , New Jersey, U.S, North America, Hollywood, United States

☆ Usher to headline Super Bowl 2024 halftime show
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsSept 24 (Reuters) - Grammy-winning artist Usher will headline the halftime show at the 2024 Super Bowl in Las Vegas, Nevada, the National Football League (NFL), Apple Music and label Roc Nation announced on Sunday. The 58th Super Bowl is scheduled to take place at Las Vegas' Allegiant Stadium on Feb. 11, 2024. "It's an honor of a lifetime to finally check a Super Bowl performance off my bucket list," Usher said in the statement. Last year's Super Bowl Halftime Show, headlined by R&B star Rihanna, was the most-watched halftime performance of all time, organizers said. Iconic artists including the Rolling Stones, Beyonce, Stevie Wonder, Prince and Bruce Springsteen have taken the Super Bowl stage over the years.

Persons: Usher, Karl Lagerfeld, Andrew Kelly, Usher Raymond IV, Seth Dudowsky, Rihanna, Beyonce, Stevie Wonder, Prince, Bruce Springsteen, Maria Caspani, Bill Berkrot Organizations: Metropolitan Museum, Art's, REUTERS, National Football League, Apple Music, Roc Nation, Billboard, of, Thomson Locations: New York City , New York, U.S, Las Vegas , Nevada, Las Vegas

☆ Lizzo preaches self-love and acceptance. But backstage, her team was mocked and bullied, designer says in a new lawsuit.
▼ + stars: | 2023-09-21 | by ( Diana Dasrath | Tim Stelloh | ) www.cnbc.com time to read: +6 min

Daniels was fired after she complained about Nomura, according to the suit. Nomura told Daniels never to interact with Lizzo or to dress attractively in front of her because it may make Lizzo jealous, the suit said. Alleged slurs, threats and offensive impressionsNomura allegedly mocked Lizzo and her dancers with what the lawsuit described as a "stereotypical sassy Black woman imitation." After Daniels complained to Gugliotta, Lizzo's tour manager, she allegedly asked Daniels to surreptitiously record Nomura, according to the suit. Daniels declined, believing it would be unethical and possibly illegal, and continued to work for Lizzo, according to the suit.

Persons: Lizzo, Asha Daniels, Daniels, Amanda Nomura, Nomura, Ron Zambrano, Zambrano, it's, Melissa Viviane Jefferson, Carlina Gugliotta, Gugliotta, Quincy, she's Organizations: Ball, NBC, Superior Court, Big, Touring Inc, NBC News, Black, Lizzo Locations: Flushing Meadows Corona Park, New York City, Taylor, Los Angeles

☆ Taylor Swift is single-handedly giving a boost to hotel industry revenue
▼ + stars: | 2023-09-08 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Taylor Swift is providing a gold rush for the hotel industry. The "Cruel Summer" singer's attention-grabbing "Eras" tour has pushed up revenue for hotels in cities across the U.S., according to data from investment firm Bernstein. "This has been a notable boost to the hotel industry," Bernstein analyst Richard Clarke wrote in a note to clients Friday, using the term "Swiftonomics." (Revenue generated per room is calculated by dividing the total hotel revenue by number of available rooms, regardless of whether they were occupied.) Indeed, Clarke said occupancy was 11% higher in Philadelphia during the nights of Swift's tour, while revenue per available room was up 59% on average.

Persons: Taylor Swift, Bernstein, Richard Clarke, Clarke, Swift Organizations: Wall, Federal Reserve Locations: U.S, Nashville, Beyoncé's, Philadelphia

☆ Jimmy Buffet's 'Margaritaville' has built an empire. Here's what it's like to visit its resorts and RV parks, and sail on its cruise line.
▼ + stars: | 2023-09-07 | by ( Brittany Chang | ) www.businessinsider.com time to read: +6 min

See what it's like to vacation on its cruise line and at some of its resorts and RV parks. A hotel room at Camp Margaritaville RV Resort and Lodge in Pigeon Forge, Tennessee. Now, there are Margaritaville hotels in what seems like almost every major vacation destination in the US from San Diego, California to Gatlinburg, Tennessee. Brittany Chang/InsiderThe first Camp Margaritaville RV resort — which focuses on "upscale camping" — opened in Georgia in 2019 as a "surprise" hit, Jim Wiseman, the president of development at Camp Margaritaville, told Insider in 2021. To create this floating Margaritaville hotel, the brand refurbished the over 30-year-old flagship vessel of budget cruise line Bahamas Paradise Cruise Line, which has since rebranded to Margaritaville at Sea.

Persons: Jimmy Buffett, Brittany Chang, Buffett, Forbes, it's, there's, Liberty, hasn't, Margaritaville, Jim Wiseman, Orlando — Organizations: Service, Yorker, New, Margaritaville, Paradise, Cruise Locations: Wall, Silicon, Pigeon Forge , Tennessee, Margaritaville, Pensacola Beach , Florida, San Diego , California, Gatlinburg , Tennessee, New York City, Margaritaville's New York City, of, Georgia, Auburndale, Florida, Crystal Beach , Florida, Poconos, Forge , Tennessee, Auburndale , Florida, Orlando, cabanas, Florida's Port, Palm Beach, Bahamas, Freeport, Grand Bahama

☆ Star-struck Gauff uses Bieber as motivation for comeback win
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +2 min

Gauff dropped the opening set at Arthur Ashe Stadium but rallied, sealing a 3-6 6-3 6-0 win and reaching the fourth round with Bieber and his wife, Hailey, watching. "I definitely saw who was there," Gauff said on the ESPN broadcast after the match. "I thought, 'I cannot lose in front of Justin Bieber'. "I got a little tight when I first saw him, then I remembered President (Barack) Obama and Michelle Obama were at my first-round match." Sixth seed Gauff, who is chasing her first Grand Slam title, said she was honoured to have celebrities in the stands during her matches this year.

Persons: Justin Bieber, Hailey Bieber, Coco Gauff, Belgium's Elise Mertens, Shannon Stapleton, Elise Mertens, Gauff, Arthur Ashe, Bieber, Hailey, Barack, Obama, Michelle Obama, Jimmy Butler, Katie Holmes, it's, Justin, Caroline Wozniacki, Shrivathsa Sridhar, gErry Doyle Organizations: Tennis, U.S, ESPN, Miami Heat, Thomson Locations: Flushing Meadows , New York, United States, Bengaluru

☆ Taylor Swift Eras Tour concert film is already a blockbuster with historic first-day ticket sales
▼ + stars: | 2023-09-01 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

In less than 24 hours on the market, ticket sales for Taylor Swift's Era Tour concert film have already broken records. "Taylor Swift is giving moviegoing fans and the entire industry the ultimate gift by bringing Taylor Swift Eras Tour concert film to the big screen," said Jerramy Hainline, senior vice president at Fandango Ticketing. AMC Entertainment reported that Thursday ticket sales for Swift's film reached $26 million, a new record for the century-old company. Previously, the highest single-day ticket sales record was held by "Spider-Man: No Way Home" with $16.9 million. Cinema chains told CNBC that most of the Thursday ticket sales were for showings during the concert film's opening weekend.

Persons: Taylor Swift's, Fandango, Taylor Swift, Taylor, Jerramy Hainline, Rich Gelfond, CNBC's, there's, NBCUniversal Organizations: Fandango, AMC Entertainment, CNBC, AMC, Dolby, Hollywood, Warner Bros, Comcast Locations: NBCUniversal

☆ R. Kelly and Universal Music Group must pay over $500,000 in music royalties to his victims, judge rules
▼ + stars: | 2023-08-25 | by ( Minyvonne Burke | ) www.cnbc.com time to read: +3 min

Disgraced musician R. Kelly and Universal Music Group must pay more than $500,000 in music royalties to his sexual abuse victims, a New York judge ruled. As part of his sentencing in the case, Kelly, Universal and Sony Music Entertainment were ordered to pay his half-million dollar debut. Universal Music Group is holding at least $567,444.19. Universal Music Group did not immediately respond to a request for comment on Friday. Kelly, 56, was found guilty in September 2021 on nine counts of sex trafficking and racketeering in a high-profile sex trafficking case.

Persons: Kelly, Ann Donnelly, Robert Sylvester Kelly, — Daniel Arkin, Adam Reiss Organizations: Universal Music Group, U.S, Eastern, of New, Universal, New, Sony Music Entertainment, Prosecutors, Sony, Universal Music, Attorney's, Hennepin County Attorney's Locations: Leighton, Chicago, New York, of New York, Brooklyn, U.S, York, Minnesota, Hennepin County

☆ Sam Asghari seeks divorce from Britney Spears 14 months after wedding
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +2 min

Britney Spears and Sam Asghari pose at the premiere of "Once Upon a Time In Hollywood" in Los Angeles, California, U.S., July 22, 2019. REUTERS/Mario Anzuoni/File Photo Acquire Licensing RightsLOS ANGELES, Aug 17 (Reuters) - Sam Asghari, the husband of pop superstar Britney Spears, is seeking to divorce the singer he married last year after she was released from a legal conservatorship. The 29-year-old Asghari cited "irreconcilable differences" in a filing in Los Angeles Superior Court on Wednesday. In a statement on Instagram, Asghari said he and Spears "have decided to end our journey together." Asghari and Spears, 41, wed 14 months ago in June 2022 after dating for nearly six years.

Persons: Britney Spears, Sam Asghari, Mario Anzuoni, Spears, Asghari, Jamie Spears, Jason Alexander, Kevin Federline, Lisa Richwine, Diane Craft, Stephen Coates Organizations: REUTERS, Los Angeles Superior Court, Asghari, Thomson Locations: Los Angeles , California, U.S, Los Angeles, Las Vegas

☆ Activists ease up on Salesforce — plus, 10 other Club stocks traded by Wall Street pros
▼ + stars: | 2023-08-16 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +10 min

The extraordinary activist-investor interest in Salesforce (CRM) eased further in the second quarter, according to the latest regulatory filings from influential Wall Street pros. His firm still owned about 2 million Salesforce shares as of June 30. Tepper also bought 2.3 million shares of Advanced Micro Devices (AMD) and 480,000 shares of Apple (AAPL) during the second quarter. As a result, Appaloosa's holdings as of mid-August may differ significantly from the conclusion of the second quarter. GOOGL YTD mountain Alphabet YTD performance Bets on Google's parent company, Alphabet (GOOGL), varied in the second quarter.

Persons: Dan Loeb's, Jeff Smith's, Salesforce, Jeffrey, Starboard's Jeff Smith, Smith, he's, 13Fs, it's, Marc Benioff, Mason Morfit, Paul Singer's Elliott, Elliott, Elliott —, Nelson Peltz's, Bob Iger, Peltz, David Tepper, Tepper, Bill Ackman's, Seth Klarman, Loeb, Klarman, Stanley Druckenmiller, Druckenmiller, Eli Lilly, That's, Jim Cramer's, Jim Cramer, Jim, Kim Kulish Organizations: Inclusive Capital, CNBC, Paul Singer's Elliott Management, Constellation, Club, Constellation Brands, Corona, Modelo, DIS, Disney, Management, Walt Disney Co, Peltz, Nvidia, Appaloosa Management, Microsoft, Micro Devices, Apple, AMD, Bill Ackman's Pershing, Capital Management, Oracle, Duquesne Family Office, Jim Cramer's Charitable, Corbis, Getty Locations: Salesforce, Tuesday's

[1/2] William McGlashan Jr., a former Executive at TPG private equity firm facing charges in a nationwide college admissions cheating scheme, leaves the federal courthouse in Boston, Massachusetts, U.S., March 29, 2019. REUTERS/Brian SnyderCompanies TPG Capital Management LP FollowBOSTON, Aug 14 (Reuters) - A U.S. appeals court on Monday upheld the conviction of a former senior executive at the private equity firm TPG Capital for participating in a vast U.S. college admissions fraud scheme by paying $50,000 to rig his son's college entrance exam results. Carter Phillips, McGlashan's lawyer, said his "deeply disappointed" client was evaluating next steps, adding it was clear that ACT test scores were not "property," a necessary element of the fraud statute. More than 50 people pleaded guilty, including the actors Lori Loughlin and Felicity Huffman, who were among Singer's clients. Reporting by Jonathan Stempel in New York and Nate Raymond in Boston Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: William McGlashan Jr, Brian Snyder, William McGlashan's, McGlashan, Jeffrey Howard, William, Rick, Singer, Carter Phillips, McGlashan's, Lori Loughlin, Felicity Huffman, John Wilson, Gamal Aziz, Wilson, Jonathan Stempel, Nate Raymond, Matthew Lewis Organizations: TPG, REUTERS, Brian Snyder Companies TPG Capital Management, BOSTON, TPG Capital, U.S, Circuit, ACT, Yale, University of Southern, University of Southern California . Singer, Varsity, Thomson Locations: Boston , Massachusetts, U.S, Boston, Georgetown, University of Southern California, California, New York

☆ Taylor Swift is slated to give a $320 million boost to a single US county - more than WeWork's entire market value
▼ + stars: | 2023-08-10 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

Six nights of Taylor Swift concerts may be worth more than the whole of WeWork, a new study finds. Swift is slated to give a $320 million boost to LA County, exceeding WeWork's market capitalization. The Eras Tour will give a $320 million boost to Los Angeles County's gross domestic product (GDP), the California Center for Jobs & The Economy estimates. WeWork shares have plunged by 97% in the past year to trade as low as 15 cents on Thursday, giving the shared-workspace company a market capitalization just below $320 million. Swift's shows in Inglewood, Los Angeles promise to create 3,300 jobs and lift local earnings by $160 million, the new report finds.

Persons: Taylor Swift, Swift Organizations: Service, California Center, Jobs, Philadelphia Locations: LA County, Philadelphia, Wall, Silicon, Los Angeles, Inglewood , Los Angeles

☆ Some Beyoncé fans are mad about 'listening only' tickets with obstructed views of the stage — but one fan risked it and got a 'perfect view'
▼ + stars: | 2023-08-03 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

People are sharing screenshots of "listening only" tickets for Beyoncé's Renaissance Tour on Ticketmaster. One fan risked it and told Insider he actually ended up with the "perfect view." Tickets for Beyoncé's Renaissance tour are highly sought after and can get expensive. Like Swift's Eras Tour, Beyoncé's Renaissance Tour is one of the most talked-about tours of the summer. Forbes estimates that the Renaissance tour could earn between $275 million and $2.4 billion by the end of September.

Persons: Twinkabellesmom, Ryan Bloomquist, Bloomquist, would've, Taylor Swift Organizations: Ticketmaster, Metlife, Twitter, Forbes Locations: East Rutherford , New Jersey, NJ, New Jersey, Europe, North America

☆ 'Bohemian Rhapsody' piano, other Freddie Mercury belongings to be auctioned
▼ + stars: | 2023-08-03 | by ( Sarah Mills | ) www.reuters.com time to read: +2 min

[1/7] Freddie Mercury's signature crown and cape are displayed during Sotheby's 'Freddie Mercury: A World of His Own' press preview in London, Britain August 3, 2023. "We've conceived our gallery spaces to give it a sense of what it was like living with Freddie at home," said David MacDonald, head of single owner sales at Sotheby's London said. At the heart of the auction is Mercury's treasured, black Yamaha piano, estimated at 2-3 million pounds ($2.5-$3.8 million), on which he composed the 1975 Queen epic "Bohemian Rhapsody". "It was an extension of himself, his vehicle of creativity," Austin said of the baby grand piano. "He would never smoke at the piano or rest a glass on top of it and would ensure nobody else did either.

Persons: Freddie Mercury's, Sotheby's, Freddie Mercury, Susannah Ireland, Queen, Mary Austin, We've, Freddie, David MacDonald, he'd, MacDonald, Austin, Sachin Ravikumar, David Gregorio Our Organizations: REUTERS, Susannah, Tiffany, Thomson Locations: London, Britain

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