Live Nation Entertainment Inc.’s Ticketmaster was so dominant in the U.S. live concert business that rival SeatGeek Inc. was offering arenas “retaliation insurance” for any events they lost by switching ticket sellers, according to testimony at a landmark antitrust trial. …
Allstate Quarterly Profit Jumps on Sharp Drop in Catastrophe Losses
Allstate reported a jump in first-quarter profit on Wednesday as the property and casualty insurer benefited from a sharp fall in catastrophe losses. Earnings rose