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

CNN — 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 Berchtold and some other … Read more

Live Nation exec will face lawmakers about Taylor Swift concert tickets fiasco

new York CNN — Lawmakers are set to grill top executives from the event ticketing industry on Tuesday after Ticketmaster’s inability to process orders for Taylor Swift’s upcoming tour left millions of fans unable to buy tickets or without their ticket even after purchase. Joe Berchtold, the president and CFO of Ticketmaster parent company Live … Read more

Qatar 2022: What it’s like at a ‘dry’ World Cup

Doha, Qatar CNN — Drinking alcohol before, during and after soccer matches is a habit loved by many supporters around the world. But, at Qatar 2022, alcohol is not as readily available. That’s because two days before the start of the 2022 tournament, soccer’s world governing body FIFA confirmed a ban of alcoholic beverages at … Read more

Chicken prices are finally starting to fall

new York CNN Business — Over the past year, as some meat prices have fallen, chicken prices have remained stubbornly high. Strong demand, supply issues and even breeding problems with under-performing roosters kept the pressure on. The supply shortage even had some restaurants, like Wingstop, experimenting with less popular items like thighs. But now conditions … Read more

Taylor Swift: Ticketmaster fiasco ‘excruciating for me’

new York CNN Business — Taylor Swift spoke out Friday about the ticketing debacle that took place this week, as many fans were unable to purchase tickets for her upcoming tour on Ticketmaster. “It goes without saying that I’m extremely protective of my fans,” Swift wrote on Instagram on Friday. “It’s really difficult for me … Read more

Opinion: A concert mom’s take on Taylor Swift and Ticketmaster

Editor’s note: Amy Bass (@bassab1) is professor of sport studies at Manhattanville College and the author of “One Goal: A Coach, a Team, and the Game That Brought a Divided Town Together” and “Not the Triumph but the Struggle: The 1968 Olympics and the Making of the Black Athlete,” among other titles. The views expressed … Read more

Restaurant sales are going up. But dining out is on the decline

new York CNN Business — Chain restaurants have been reporting growing sales in the third quarter. But more sales don’t mean more customers. In fact, industry watchers are noticing that foot traffic to restaurants has been falling in recent months. That’s because inflation eats into consumers’ budgets, many have been cutting back on their restaurant … Read more

Why Costco, Trader Joe’s stopped selling your favorites

new York CNN Business — Chances are, you’ve been there: You head to Trader Joe’s to buy caramel popcorn, churro bites and roasted gorgonzola crackers, or to Costco for its Kirkland Signature mini peanut butter cups and take-and-bake pizza. But when you get to the store, your favorite treats aren’t on the shelf. And, to … Read more

Go ahead. Go crazy with avocados. There’s a massive glut and prices are cooling off

new York CNNBusiness — There’s at least one item in the grocery store that’s getting less expensive: avocados. A significant supply of embers of the buttery fruit has triggered a drop in wholesale prices, sending store prices lower as well. With the overall cost of grocery items up a stunning 13% compared to last year, … Read more

Food prices are soaring, and that’s changed how we eat

new York CNN Business — Lisa Altman used to take pride in being able to eat what she wanted without worrying much about the cost. When she was growing up, seconds weren’t served and side dishes were rare. “My mom had a budget every week, and she stuck to it,” she said. “As I got … Read more