Live Nation Entertainment Inc. reported a dip in fourth-quarter sales, which still exceeded expectations, with Ticketmaster parent anticipating larger gains this year due to an increase in concerts at larger venues. The company remains optimistic about future growth despite the decline in sales, pointing to the positive outlook for upcoming events and performances. Live Nation Entertainment Inc. aims to capitalize on the trend of more concerts at bigger venues to drive revenue and boost profits in the coming year.
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Top shale boss says US oil companies will not flock back to Russia
US oil producers, including Continental Resources' Harold Hamm, are hesitant to invest in Russia despite talks of a peace deal, citing past losses and geopolitical risks. ExxonMobil and Chevron have previously scaled back operations in Russia due to sanctions, with analysts cautioning against hasty returns. Hamm supports Trump's tough stance on sanctions and tariffs, emphasizing US LNG exports for European energy security and praising the president's accomplishments in his first term. Full Article
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