Business

Two top executives at an L.A.-based Latin music conglomerate were arrested by FBI agents today on charges that they conspired to violate the Foreign Narcotics Kingpin Designation Act by conducting business with a concert promoter with ties to Mexican drug cartels. Angel del Villar, CEO of Del Records and its subsidiary talent agency Del Entertainment,
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Nintendo should commission an independent investigation into a problem with the Joy-Con controllers on its Switch games console, consumer group Which? says. The Nintendo Switch was launched five years ago but has been dogged by reports of “drift” – when the console registers movement even though the joysticks are not in use. Nintendo has said
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Three leading media execs said upfront sales will wrap up shortly with Paramount and NBCUniversal seeing increases in the high single digits, according to CEOs Bob Bakish and Jeff Shell. Fox Corp. CFO Steve Tomsic was on board with a 9%-to-12% range presented by analyst Doug Mitchelson at a CSFB investor conference Tuesday, noting the
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A consumer rights expert has hit out at the aviation regulator while accusing airlines of presiding over a ‘blatant flouting of consumer rights’ following the recent flight chaos. Sue Davies, head of consumer rights at consumer group Which?, told the Business, Energy and Industrial Strategy Committee (BEIS) committee of MPs there were serious, historic, failures
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The European Commission has warned it will take “proportionate action” to secure the legal implementation of the Northern Ireland Protocol after the UK government published legislation which will override the mechanism. The commission’s vice president Maros Sefcovic said the EU viewed the UK’s actions with “significant concern” and that it would consider what steps to
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The UK economy contracted by 0.3% in April, according to official figures released as the CBI, Britain’s biggest employers’ group, demanded “vital actions” from the government to prevent an inflation-driven recession. The Office for National Statistics (ONS) had been expected by economists to confirm a slight rise in gross domestic product (GDP) for the month
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A bipartisan group of senators have reach an agreement on a framework for a series of new gun safety measures on Sunday, but they fall short of banning the purchase of assault weapons for those under 21. Specifically, the agreement would expand background checks for those under 21 who purchase guns; grants for states to
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Bloomberg.com reports that the case is Ellis v. Google LLC, Google having to pay out $118 million settlement to over 15,000 female employees for gender discrimination. The settlement was reached immediately upon conclusion of the case and involves women across 236 job titles. Lieff Cabraser Heimann & Bernstein LLP, with Altshuler Berzon LLP, announced the
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EXCLUSIVE: UTA has signed award-winning writer, director and producer Andre Gaines (After Jackie), as well as his production company Cinemation Studios, for worldwide representation in all areas. The agency will now look to help expand his business across film, television, podcasts and gaming, also working with him on several hosted programs based on popular brands. Most
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