AP News Summary at 9:17 p.m. ESTMINNEAPOLIS (AP) — A Connecticut couple has been charged in Minnesota with being part of a shoplifting ring suspected of stealing around $1 million in goods across the country from the upscale athletic wear retailer Lululemon. Jadion Anthony Richards, 44, and Akwele Nickeisha Lawes-Richards, 45, both of Danbury, Connecticut, were charged this month with one felony count of organized retail theft. Both went free last week after posting bail bonds of $100,000 for him and $30,000 for her, court records show. They're due back in Ramsey County District Court in St. Paul on Dec. 16. According to the criminal complaints, a Lululemon investigator had been tracking the pair even before police first confronted them on Nov. 14 at a store in suburban Roseville. The investigator told police the couple were responsible for hundreds of thousands of dollars in losses across the country, the complaints said. They would steal items and make fraudulent returns, it said. Police found suitcases containing more than $50,000 worth of Lululemon clothing when they searched the couple's hotel room in Bloomington, the complaint said. According to the investigator, they were also suspected in thefts from Lululemon stores in Colorado, Utah, New York and Connecticut, the complaint said. Within Minnesota, they were also accused of thefts at stores in Minneapolis and the suburbs of Woodbury, Edina and Minnetonka. The investigator said the two were part of a group that would usually travel to a city and hit Lululemon stores there for two days, return to the East Coast to exchange the items without receipts for new items, take back the new items with the return receipts for credit card refunds, then head back out to commit more thefts, the complaint said. In at least some of the thefts, it said, Richards would enter the store first and buy one or two cheap items. He'd then return to the sales floor where, with help from Lawes-Richards, they would remove a security sensor from another item and put it on one of the items he had just purchased. Lawes-Richards and another woman would then conceal leggings under their clothing. They would then leave together. When the security sensors at the door went off, he would offer staff the bag with the items he had bought, while the women would keep walking out, fooling the staff into thinking it was his sensor that had set off the alarm, the complaint said. Richards' attorney declined comment. Lawes-Richards' public defender did not immediately return a call seeking comment Monday. “This outcome continues to underscore our ongoing collaboration with law enforcement and our investments in advanced technology, team training and investigative capabilities to combat retail crime and hold offenders accountable,” Tristen Shields, Lululemon's vice president of asset protection, said in a statement. "We remain dedicated to continuing these efforts to address and prevent this industrywide issue.” The two are being prosecuted under a state law enacted last year that seeks to crack down on organized retail theft. One of its chief authors, Sen. Ron Latz, of St. Louis Park, said 34 states already had organized retail crime laws on their books. “I am glad to see it is working as intended to bring down criminal operations," Latz said in a statement. "This type of theft harms retailers in myriad ways, including lost economic activity, job loss, and threats to worker safety when crime goes unaddressed. It also harms consumers through rising costs and compromised products being resold online.” Two Minnesota women were also charged under the new law in August. They were accused of targeting a Lululemon store in Minneapolis.
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ECMA Adopts Directive to Promote Vibrant Capital Market EcosystemA youth gang tied to the vicious Venezuelan Tren de Aragua crew is ominously threatening revenge after a 17-year-old migrant was fatally stabbed in a Manhattan street brawl , cops said. Los Diablos de la 42 — named for the location of the notorious Roosevelt Hotel migrant shelter — are posting their threats on social media after the fatal brawl that left teen Yeremi Colino dead last week, according to authorities Though neither of the victims have a documented gang connection, “Los Diablos de la 42,” a subset of the vicious Tren de Aragua gang , vowed retaliation on social media after the slaying – indicating at least a familiarity with the crew, according to Savino and sources. “They offered their condolences and noted that their heart is broken, but they also stated, ‘Every Cocolo shot,’” Assistant Chief Jason Savino of the NYPD’s Detective Bureau told reporters Monday. “A Cocolo is described as Afro-Caribbean migrants, so there is a little bit of a gang beef, and that obviously plays towards motive as well.” The brawl that killed Colino broke out on Broadway near John Street on Thursday at around 7:30 p.m., with the teen getting punched, kicked and stabbed during the fracas, officials said. A Walgreens employee witnessed the violence – and, “in typical New York fashion” – pulled the heavily bleeding Colino into the drug store with the knife still lodged in his chest, Savino said. The gravely wounded teen, who was carrying ID from the Roosevelt shelter, was taken to Bellevue Hospital, where he was pronounced dead, cops said. Another victim, 18 – also believed to be a migrant – was knifed in the left arm and suffered non-life-threatening injuries during the fracas, cops said. “All indications at this point, as far as motive is concerned, is that this is a crew-motivated incident,” Savino added. A member of the victim’s crew told investigators that their rivals were flashing gang signs, the police official added. “Their response was they wanted to confront them as to why they flashed gang signs, and that’s ultimately the story from the victim’s side,” Savino said. However, surveillance footage reveals the victims’ crew may have been the aggressors, Savino noted. “They’re traveling towards the group of six male blacks, and what they’re doing is they’re actually calling and at one point, jogging towards that opposing group,” Savino said. “Ultimately, the two groups engage, and I will say this — both sides both had weapons.” “The victim actually swings an unknown object in a downward motion just prior to being stabbed by one of the perpetrators,” he said. In addition to the knife, two wooden sticks were recovered from the scene in addition to a pair of pliers, according to Savino. While initial reports indicated the suspects asked the teen victims if they could speak English before launching the attack, Savino said Monday that there is no indication of that exchange. Video released by the NYPD Monday night shows three suspects backing away and running off after the deadly clash. The suspects fled into the nearby Fulton Street subway station, cops said. Still photos show the crew on the train, one seen from behind with an image of lips on his backpack. Anyone with information on the deadly crime is asked to call the NYPD’s Crime Stoppers Hotline at 1-800-577-TIPS (8477) or, for Spanish, 1-888-57-PISTA (74782). The public can also submit their tips by logging onto the Crime Stoppers website at https://crimestoppers.nypdonline.org/ , on X @NYPDTips. All calls are strictly confidential.
Vikings staying on track and in control behind Sam Darnold's composure and confidenceBy Manya Saini and Suzanne McGee NEW YORK (Reuters) - Art Cashin, a renowned market pundit and the UBS director of floor operations at the New York Stock Exchange, has died at the age of 83, UBS said. Cashin, once dubbed "Wall Street's version of Walter Cronkite" by The Washington Post, was a regular on CNBC, delivering stock market commentary and analysis to the business news channel's viewers for more than 25 years. His Wall Street career spanned more than six decades. "It is with a heavy heart that I inform you of the passing of Arthur Cashin, Jr., a true giant in our industry," Bill Carroll, head of sales and development at UBS Wealth Management USA, said in a memo sent to employees on Monday. The memo did not say when he had died or give details about the circumstances. In addition to his role at UBS, Cashin was renowned for his daily newsletter, Cashin's Comments, which was published for over 25 years with a daily circulation of more than 100,000 readers. He was also a regular on CNBC's "Art Cashin on the Markets," a segment airing several times a week over more than two decades. "It's fair to say that over this time, Art Cashin became a household name for investors across the country, who benefited from his savvy insight on the markets, good humor and wit," the memo said. Arthur D. Cashin was born in Jersey City, New Jersey, in 1941, according to CNBC. He began his business career at Thomson McKinnon in 1959 and in 1964, at age 23, he became a member of the NYSE and a partner of P.R. Herzig & Co. In 1980, Cashin joined investment bank PaineWebber and managed their floor operation. PaineWebber was acquired by UBS in 2000. At that time, the NYSE floor was the hub for the vast majority of trading activity in the United States. His newsletter, which combined market analysis with trivia, historical tidbits and even recipes, often generated a buzz in Wall Street's trading rooms and on the NYSE floor. "The day Cashin's Commentary was released was always a landmark on the Street," said Art Hogan, market strategist at Baird Wealth Management, who got to know Cashin during the several decades they worked on Wall Street together. One recipe regularly featured was for "White Castle burger stuffing", which he usually sent ahead of Thanksgiving, Hogan recalled. Its ingredients? The bun and patty from a hamburger bought from budget restaurant chain White Castle. Cashin was also a regular at Bobby Van's Steakhouse in Manhattan, where for decades he and a group of friends would gather to tell stories and discuss markets. His usual drink was a Dewar's on ice, and the restaurant would have his first ready for him within five minutes of the closing bell ringing. "Every time I'd be in New York, I'd be sure to be at Bobby Van's right when the markets closed," said Julie Werner, an individual investor in the Atlanta area, who first met Cashin back in the mid-1990s when she was taking classes at the NYSE. "They'd have his drink ready and waiting for him at his own seat." Cashin was one of three senior executive floor governors and also served as a member of the Bond Club of New York. He also chaired the NYSE Fallen Heroes Fund, which assists families of first responders killed in the line of duty. CNBC did not immediately respond to a Reuters request for comment. Cashin's family could not be reached for comment. (Reporting by Manya Saini in Bengaluru and Suzanne McGee in New York; Editing by Ira Iosebashvili, Krishna Chandra Eluri and Rosalba O'Brien) Copyright 2024 Thomson Reuters .Former Boise State coach Chris Petersen still gets asked about the Fiesta Bowl victory over Oklahoma on the first day of 2007. That game had everything. Underdog Boise State took a 28-10 lead over one of college football's blue bloods that was followed by a 25-point Sooners run capped by what could have been a back-breaking interception return for a touchdown with 1:02 left. Then the Broncos used three trick plays that remain sensations to not only force overtime but win 43-42. And then there was the marriage proposal by Boise State running back Ian Johnson — shortly after scoring the winning two-point play — to cheerleader Chrissy Popadics that was accepted on national TV. That game put Broncos football on the national map for most fans, but looking back 18 years later, Petersen sees it differently. "Everybody wants to talk about that Oklahoma Fiesta Bowl game, which is great how it all worked out and all those things," Petersen said. "But we go back to play TCU (three years later) again on the big stage. It's not as flashy a game, but to me, that was an even better win." Going back to the Fiesta Bowl and winning, Petersen reasoned, showed the Broncos weren't a splash soon to fade away, that there was something longer lasting and more substantive happening on the famed blue turf. The winning has continued with few interruptions. No. 8 and third-seeded Boise State is preparing for another trip to the Fiesta Bowl, this time in a playoff quarterfinal against No. 5 and sixth-seeded Penn State on New Year's Eve. That success has continued through a series of coaches, though with a lot more of a common thread than readily apparent. Dirk Koetter was hired from Oregon, where Petersen was the wide receivers coach. Not only did Koetter bring Petersen with him to Oregon, Petersen introduced him to Dan Hawkins, who also was hired for the staff. So the transition from Koetter to Hawkins to Petersen ensured at least some level of consistency. Koetter and Hawkins engineered double-digit victory seasons five times over a six-year span that led to power-conference jobs. Koetter went to Arizona State after three seasons and Hawkins to Colorado after five. Then when Petersen became the coach after the 2005 season, he led Boise State to double-digit wins his first seven seasons and made bowls all eight years. He resisted the temptation to leave for a power-conference program until Washington lured him away toward the end of the 2013 season. Then former Boise State quarterback and offensive coordinator Bryan Harsin took over and posted five double-digit victory seasons over his first six years. After going 5-2 during the COVID-shortened 2020 season, he left for Auburn. "They just needed consistency of leadership," said Koetter, who is back as Boise State's offensive coordinator. "This program had always won at the junior-college level, the Division II level, the I-AA (now FCS) level." But Koetter referred to "an unfortunate chain of events" that made Boise State a reclamation project when he took over in 1998. Coach Pokey Allen led Boise State to the Division I-AA national championship game in 1994, but was diagnosed with cancer two days later. He died on Dec. 30, 1996, at 53. Allen coached the final two games that season, Boise State's first in Division I-A (now FBS). Houston Nutt became the coach in 1997, went 4-7 and headed to Arkansas. Then Koetter took over. "One coach dies and the other wasn't the right fit for this program," Koetter said. "Was a really good coach, did a lot of good things, but just wasn't a good fit for here." But because of Boise State's success at the lower levels, Koetter said the program was set up for success. "As Boise State has risen up the conference food chain, they've pretty much always been at the top from a player talent standpoint," Koetter said. "So it was fairly clear if we got things headed in the right direction and did a good job recruiting, we would be able to win within our conference for sure." Success didn't take long. He went 6-5 in 1998 and then won 10 games each of the following two seasons. Hawkins built on that winning and Petersen took it to another level. But there is one season, really one game, no really one half that still bugs Petersen. He thought his best team was in 2010, one that entered that late-November game at Nevada ranked No. 3 and had a legitimate chance to play for the national championship. The Colin Kaepernick-led Wolf Pack won 34-31. "I think the best team that I might've been a part of as the head coach was the team that lost one game to Nevada," Petersen said. "That team, to me, played one poor half of football on offense the entire season. We were winning by a bunch at half (24-7) and we came out and did nothing on offense in the second half and still had a chance to win. "That team would've done some damage." There aren't any what-ifs with this season's Boise State team. The Broncos are in the field of the first 12-team playoff, representing the Group of Five as its highest-ranked conference champion. That got Boise State a bye into the quarterfinals. Spencer Danielson has restored the championship-level play after taking over as the interim coach late last season during a rare downturn that led to Andy Avalos' dismissal. Danielson received the job full time after leading Boise State to the Mountain West championship. Now the Broncos are 12-1 with their only defeat to top-ranked and No. 1 seed Oregon on a last-second field goal. Running back Ashton Jeanty also was the runner-up to the Heisman Trophy. "Boise State has been built on the backs of years and years of success way before I got here," Danielson said. "So even this season is not because of me. It's because the group of young men wanted to leave a legacy, be different. We haven't been to the Fiesta Bowl in a decade. They said in January, 'We're going to get that done.' They went to work." As was the case with Danielson, Petersen and Koetter said attracting top talent is the primary reason Boise State has succeeded all these years. Winning, obviously, is the driving force, and with more entry points to the playoffs, the Broncos could make opportunities to keep returning to the postseason a selling point. But there's also something about the blue carpet. Petersen said he didn't get what it was about when he arrived as an assistant coach, and there was some talk about replacing it with more conventional green grass. A poll in the Idaho Statesman was completely against that idea, and Petersen has come to appreciate what that field means to the program. "It's a cumulative period of time where young kids see big-time games when they're in seventh and eighth and ninth and 10th grade and go, 'Oh, I know that blue turf. I want to go there,'" Petersen said. 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Rangers Looking to Trade Veterans: Predators Should InquirePresident-elect Donald Trump promised Tuesday that he would “vigorously” enforce the death penalty following President Joe Biden’s decision to grant clemency to 37 death row inmates. “As soon as I am inaugurated, I will direct the Justice Department to vigorously pursue the death penalty to protect American families and children from violent rapists, murderers, and monsters,” Trump wrote Tuesday on Truth Social. “We will be a Nation of Law and Order again!” Biden commuted death sentences Monday for 37 criminals convicted for brutal murders, reclassifying their sentences to life without parole. Biden said that he could not in good conscience “stand back and let a new administration resume executions” he halted. (RELATED: Victims’ Families And Friends Slam Biden For ‘Heartless Decision’ To Shield Child Murderer, Cop Killer From Death Row) “Make no mistake: I condemn these murderers, grieve for the victims of their despicable acts, and ache for all the families who have suffered unimaginable and irreparable loss,” Biden said in a statement . “But guided by my conscience and my experience as a public defender, chairman of the Senate Judiciary Committee, Vice President, and now President, I am more convinced than ever that we must stop the use of the death penalty at the federal level.” Inmates whose sentences were commuted include Jorge Aviia-Torrez, who murdered two young girls and a 20-year old female naval officer. Kathleen Zellner, who represented the father of one of the girls Torrez killed, told the DCNF Biden’s decision was “carried out recklessly and for the President’s own political agenda against the incoming administration.” Anthony Battle, who murdered a prison guard while he was facing a life sentence for murdering his wife, also had his sentence commuted. (RELATED: Murderers, Rapists And Robbers: Biden Goes On Commutation Spree For Christmas) Family and friends of victims slammed Biden’s decision Monday, accusing Biden of not considering them in the decision. “Joe Biden’s decision is a clear gross abuse of power,” Heather Turner, whose mother was killed by an inmate on death row, wrote on Facebook. “He, and his supporters, have blood on their hands.” Trump also wrote Tuesday that Biden’s decision “makes no sense.” “Relatives and friends are further devastated,” he said on Truth Social. “They can’t believe this is happening!” All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org .Atlassian CEO Michael Cannon-Brookes sells $2.19 million in stock
Fishburn leads at Sea Island as Dahmen keeps hope alive to keep job
Stocks to Buy Today: IIFL Securities initiated a Buy rating on NIIT Ltd, Escorts Kubota, Glenmark Pharmaceuticals, Balkrishna Industries Ltd, and Usha Martin. New Delhi: IIFL Securities on December 30, 2024 (Monday) recommended buying shares of Balkrishna Industries Ltd, Usha Martin, NIIT Ltd, Escorts Kubota, and Glenmark Pharmaceuticals. The brokerage suggested share price target and Stop Loss for the particular stocks. Usha Mart share price target Giving a Buy rating on Usha Martin shares, IIFL Securities said the stock can be purchased at Rs 384 per equity share with a target price of Rs 400 and Rs 410. The Stop Loss should be maintained at Rs 368. Buy: 384 Target 1: 400 Target 2: 410 Stop Loss: 368 NIIT share price target The brokerage advised the share market investors to buy NIIT shares at Rs 193 apiece. It predicted the counter to rise to the levels of Rs 200-205. It advised the shareholders to position the Stop Loss at Rs 368 Buy: 193 Target 1: 200 Target 2: 205 Stop Loss: 186 Escorts Kubota share price IIFL Securities initiated a Buy rating on Escorts Kubota and advised the investors to pump in money to purchase the stock at Rs 3259 per equity share. The target price should be set at Rs 3356-3420. The sharehodlers are advised to place the Stop Loss at Rs 3160 Buy: 3258 Target 1: 3356 Target 2: 3420 Stop Loss: 3160 Glenmark share price target Glenmark Pharmaceuticals shares are expected to gain and reach the levels of Rs 1640 and Rs 1675. The brokerage advised the investors to buy the counter at Rs 1586 and safeguard the scrip by positioning the Stop Loss at Rs 1533. Buy: 1586 Target 1: 1640 Target 2: 1675 Stop Loss: 1533 Balkrishna Industries share price target IIFL Securities gave a Buy call on Balkrishna Industries, advising the investors to get the stock into their kitty at Rs 2864 per equity share. The brokerage said the stock has the potential to rise to the levels of Rs 2973 and 3050. The Stop Loss needs to be set at Rs 2755, it added. Buy: 2864 Target 1: 2973 Target 2: 3050 Stop Loss: 2755 ( Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds .) Click for more latest Markets news . Also get top headlines and latest news from India and around the world at News9. Biplob Ghosal is Online News Editor (Business) at TV9’s digital arm - News9live.com. Leading the english business editorial team, he writes on various issues related to stock markets, economy and companies. Having over a decade of experience in financial and political journalism, Biplob has been previously associated with Timesnownews.com, Zeenews. He is an alumnus of Makhanlal Chaturvedi Rashtriya Patrakarita Vishwavidyalaya. Follow him at @Biplob_ghosal.How UK-based activist went from high school pupil to one of Hong Kong’s most wanted in a year
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Major banks and business groups sued the Federal Reserve on Tuesday, alleging the central bank’s annual “stress tests” of Wall Street firms violate the law. The lawsuit filed in US District Court in Columbus, Ohio, claims the Fed’s practice of determining how big banks perform against hypothetical economic turmoil, and assigning capital requirements accordingly, do not follow proper administrative procedure. Plaintiffs included the Bank Policy Institute, the US Chamber of Commerce and the American Bank Association. The lawsuit marks the latest example of the banking industry growing bolder and challenging in court their regulators’ powers, particularly in the wake of recent Supreme Court rulings placing fresh restrictions on administrative authority. In June, the Supreme Court dealt a major blow to such power by overturning a 1984 precedent that granted deference to government agencies in interpreting laws they administer. The so-called “Chevron doctrine” had called for judges to defer to reasonable federal agency interpretations of US laws deemed to be ambiguous. While the 2010 Dodd-Frank law passed following the global financial crisis broadly requires the Fed to test banks’ balance sheets, the capital adequacy analysis the Fed performs as part of tests, or the resulting capital it directs lenders to set aside, are not mandated by law. Specifically, the groups are calling for the Fed to make public and subject to feedback the now-confidential models they regulators use to gauge bank performance, as well as details of the annual scenarios they create to test for weaknesses. The groups said they did not want to kill the stress testing program, which provides an annual bill of health to the nation’s biggest firms, but argue the process needs to be more transparent and responsive to public feedback. On Monday, the Fed announced plans to pursue similar changes ahead of the 2025 exams, citing recent legal developments, but the industry opted to proceed with its lawsuit. A Fed spokesperson declined to comment on the lawsuit on Tuesday. “The opaque nature of these tests undermines their value for providing meaningful insights into bank resilience,” Rob Nichols, president and CEO of the American Bankers Association, said in a statement. “We remain hopeful the Fed will address long-standing issues with the stress tests, but this litigation preserves our ability to seek legal remedies if the Fed falls short.” These tests, which banks have complained for years are opaque and subjective, are a central piece of the US regulatory bank-capital structure. The Fed has long resisted calls to completely open up the testing process, due to concerns that it could make it easier for banks to clear the exams. How banks perform on the test informs how much capital they must set aside to meet their obligations and also dictate the scope of dividend payouts and stock buybacks.Missed kicks. Poor tackling. Costly penalties. Week 12 was filled with sloppy play around the NFL, leading to some upsets and surprising outcomes. Jayden Daniels nearly led Washington to an improbable comeback down 10 in the final two minutes against Dallas only to fall short because Austin Seibert's extra point sailed wide left. After a field goal and successful onside kick, Daniels connected with Terry McLaurin on an 86-yard catch-and-run touchdown to bring the Commanders within one point with 21 seconds remaining. But Seibert's point-after attempt failed and the Cowboys returned the ensuing onside kick for a touchdown to seal a 34-26 victory. Special teams were atrocious for both teams. Seibert also missed his first extra point and Washington allowed KaVontae Turpin's 99-yard kickoff return for a score earlier in the fourth quarter. The Cowboys missed a field goal, had another blocked and had a punt blocked. "What a wild special teams moment of blocked punts, kicks, kickoff returns, blocked field goals, just a number of things going to that spot," Commanders coach Dan Quinn said. Washington (7-5) was a 10 1/2-point favorite over the undermanned Cowboys (4-7) but ended up losing a third straight game. The Houston Texans were 8-point favorites against the lowly Tennessee Titans and let the game come down to Ka'imi Fairbairn missing a 28-yard field goal that would have tied it with just under two minutes left. C.J. Stroud threw two interceptions, was sacked four times and the Texans (7-5) committed 11 penalties, including an illegal shift that negated a go-ahead 33-yard TD pass to Nico Collins on the drive that ended with Fairbairn's miss in the 32-27 loss. The Titans (3-8) averaged just 17 points per game before putting 32 on the scoreboard against Houston's defense that entered No. 4 in the league. "We didn't do anything well enough to win this game," Texans coach DeMeco Ryans said. "Out of all the positives that we did have, there were way too many negatives. Too many negative plays. Score, get a penalty, get touchdowns called back. Get penalties on special teams. Just way too many negative plays defensively, like unexplainable explosives for touchdowns. We just didn't play good across the board." The San Francisco 49ers didn't have quarterback Brock Purdy, star edge rusher Nick Bosa and All-Pro left tackle Trent Williams against Green Bay. That was no excuse for their undisciplined performance. The Niners committed nine penalties and their tackling was shoddy in a 38-10 loss to the Packers. The defending NFC champions are 5-6 with a trip to Buffalo (9-2) coming up. They're still only one game behind Seattle and Arizona in the NFC West. "I'm really not concerned right now about how many guys were missing. We didn't play good enough, so that's not a factor. But, when you are missing some guys, you do have to be better. When you have those penalties and we didn't stop the run like we did and we had those three turnovers in the second half, that's how you get embarrassed." Coming off their first loss of the season, the two-time defending Super Bowl champion Chiefs needed Patrick Mahomes' heroics on the final drive to beat Carolina 30-27. Mahomes ran 33 yards to set up Spencer Schrader's 31-yard field goal as time expired. Kansas City had 10 penalties, including a pass interference that gave the Panthers (3-8) another chance to make the 2-point conversion that tied the game with 1:46 remaining. On defense, the Chiefs (10-1) suddenly shaky unit gave up 334 total yards against Bryce Young and an offense that entered last in the NFL. "We've got to do better. We're doing good in the red zone but that's only a third of the field," Chiefs safety Bryan Cook said. "We will go back and look at the film to see what we're doing week to week, and see the tendencies that we're giving up, and just move forward from there. At the end of the day, we're all vets in the room for the most part. ... got to go back to the drawing board and see what we're doing and correct it from there." The Vikings allowed the Bears to recover an onside kick with 21 seconds left and Caleb Williams followed with a 27-yard pass to D.J. Moore to set up Cairo Santos' tying 48-yard field goal. But Minnesota won in overtime, 30-27. The Chiefs and Vikings overcame their mistakes in narrow victories. The Commanders, Texans and 49ers couldn't. They have to be better down the stretch to make a playoff run. Get local news delivered to your inbox!NEW YORK , Nov. 25, 2024 /PRNewswire/ -- The global live music market size is estimated to grow by USD 35.56 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 17.38% during the forecast period. Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 17.38% Market growth 2024-2028 USD 35563.9 million Market structure Fragmented YoY growth 2022-2023 (%) 13.27 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 38% Key countries US, UK, Japan, Germany, and France, Canada, Australia, South Korea, Brazil, India Key companies profiled Alliance Tickets, Bassett Events Inc., Coast To Coast Tickets LLC, CTS Eventim AG and Co. KGaA, Eventbee Inc., Eventbrite Inc., Event.com Inc., Live Nation Entertainment Inc., Lyte Inc., SeatGeek Inc., Sunrise Records Ltd., The Ticketline Network Ltd., Ticket City Inc., TicketNetwork Inc., TickPick LLC, TiqIQ LLC, TodayTix Inc., Viagogo Entertainment Inc., Vivendi SE, and Vivid Seats Inc., SM Entertainment, YG Entertainment, Universal Music Group, Sony Music Entertainment, Warner Music Group Market Driver Live music market is a thriving industry that caters to the worldwide demand for authentic and great musical experiences. Trends in this sector include live music concerts, mobile apps, and the rise of DJs. Genres such as Blues, Pop, Rock, Metal, Electronica, and more continue to shape audience preferences. Industrial developments, urbanization, and technology adoption have led to the automation of production lines and the integration of technology in music events. Customer preferences drive emerging trends like local talent, interactive activities, and art installations at music festivals. Macroeconomic factors, disposable incomes, and social media influence ticket sales for B2C enterprises. Event organizers leverage user metrics, online purchase, and modeling approaches to optimize their operations. The live music market is a cornerstone of the entertainment sector, providing livelihoods for musicians, artists, agents, promoters, ticketing companies, contractors, record companies, music composers, corporate brands, and sponsors. The sector includes small clubs, theatre-sized venues, arena shows, and stadiums, featuring international stars and local talent. Festival dates, performance schedules, and promotional campaigns are crucial elements of successful live music events. Risk takers, fee negotiations, and show production are integral parts of the business. The future of the live music market is shaped by virtual online platforms, holograms, and fan bases. The sector continues to evolve, offering unique experiences for fans and like-minded individuals. The live music industry has experienced a notable increase in the utilization of virtual and hybrid events due to technological advancements and the impact of the COVID-19 pandemic. Artists and event organizers have responded to evolving circumstances by adopting innovative approaches, enabling them to deliver live music experiences to global audiences despite challenges posed by large-scale gatherings. Virtual and hybrid formats have gained popularity as a solution to the disruptions caused by the pandemic, allowing musicians and artists to continue engaging with their fan bases. Market Challenges Live music market is a dynamic and ever-evolving industry, encompassing various elements such as concerts, mobile apps, DJs, artists, and genres like Blues, Pop, Rock, Metal, and Electronica. Challenges in this sector include urbanization, production lines, automation, and technology adoption. Industrial developments and macroeconomic factors influence music events worldwide. Customer preferences and emerging trends shape the landscape, with local special circumstances and social outlook also playing a role. Live music events offer unique experiences for consumers, bringing together like-minded individuals and passionate audiences. Younger generations value experiences over material possessions, driving growth in music festivals and virtual online platforms. Technology, such as holograms and social media, has transformed the industry, enabling B2C enterprises to reach wider audiences and increase Gross Merchandise Value. Event organizers face various challenges, including ticket sales, artist contracts, and production logistics. Collaboration between agents, promoters, ticketing companies, contractors, record companies, music composers, corporate brands, and sponsors is crucial. The live music market is a cornerstone of the entertainment sector, providing livelihoods for musicians, crew members, and industry professionals. As the industry continues to evolve, understanding consumer behavior, representing the social outlook, and adapting to technological advancements will be key to success. Goldman Sachs predicts continued growth in the sector over the next few decades. Ultimately, the live music market offers a unique blend of art, social interaction, and entertainment for fans and artists alike. In today's digital marketplace, the music industry has seen a significant shift towards online platforms and applications. This transition brings new opportunities for live music market providers to reach their audience with customized offerings. However, it also poses new challenges, particularly in the area of data privacy. To effectively target customers, service providers collect data through cookies, which track customer preferences. This data is then utilized for customer profiling, behavior analysis, and data mining. While this information aids in delivering personalized services, indiscriminate use can infringe on customer privacy. Moreover, location-based services, which require geo-location information, raise privacy concerns. As the IT industry continues to create an open, competitive electronic marketplace, it is crucial to provide secure and reliable infrastructure for the seamless transfer and integration of critical information. Ensuring data privacy and security is essential to build trust and maintain customer loyalty. Research report provides comprehensive data on impact of trend, driver and challenges - Request a sample report! Segment Overview This live music market report extensively covers market segmentation by Revenue 1.1 Tickets 1.2 Sponsorship 1.3 Merchandising Genre 2.1 Pop 2.2 Rock 2.3 Hip-hop 2.4 EDM 2.5 Metal music and others Format Event Type Geography 3.1 North America 3.2 Europe 3.3 APAC 3.4 South America 3.5 Middle East and Africa 1.1 Tickets- The ticketing segment is a pivotal part of the global live music market, facilitating fan access to live music events through ticket sales and distribution. Online ticketing platforms, such as Ticketmaster and StubHub, have become popular due to their user-friendly interfaces and secure payment gateways. Mobile ticketing, featuring digital tickets accessible on smartphones, enhances the ticketing experience and reduces the risk of counterfeit tickets. Secondary ticketing platforms, like Viagogo and SeatGeek, offer fans an alternative to secure tickets for sold-out events. Data analytics and personalized marketing strategies are emerging trends, enabling ticketing companies to provide customized recommendations and targeted campaigns. These advancements are anticipated to boost the growth of the ticketing segment in the live music market. For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 - 2022) - Download a Sample Report Research Analysis Live music concerts continue to captivate audiences worldwide, bringing people together through the power of music. Mobile apps have revolutionized the industry, allowing fans to access tickets, merchandise, and real-time updates on their favorite artists. From Blues to Pop, Rock, Metal, Electronica, and beyond, music events cater to diverse customer preferences. Emerging trends include the integration of technology, such as holograms and virtual online platforms, into live performances. Local special circumstances and macroeconomic factors can impact the livelihood of musicians, influencing tours and festivals. Social interaction and the connection with like-minded individuals are cornerstones of the live music experience, spanning decades. The younger generation continues to discover new artists and genres, ensuring the industry's longevity. Live music events offer more than just entertainment – they provide a unique experience for fans to engage with their favorite musicians and create memories that last a lifetime. Market Research Overview Live music concerts have seen a significant growth in popularity with the advent of mobile apps, allowing fans to easily discover and purchase tickets for their favorite artists and genres, including Blues, Pop, Rock, Metal, Electronica, and more. The live music scene is not just limited to concerts but also includes parties and music festivals, which offer unique experiences for like-minded individuals. Urbanization and industrial developments have led to the adoption of technology in music production lines and automation, transforming the way music is created and performed. Emerging trends such as virtual online platforms, holograms, and interactive activities have added new dimensions to live music events, catering to the younger generation's preferences for experiences over material possessions. Music festivals have become a cornerstone of the live music industry, attracting passionate audiences from worldwide, with genres ranging from local talent to international stars. Event organizers leverage social media and ticket sales to reach consumers, while B2C enterprises focus on Gross Merchandise Value and user metrics to optimize their offerings. The live music industry is influenced by various macroeconomic factors, including disposable incomes, consumer behavior, and emerging trends. Representativeness, social outlook, and urban population play a crucial role in shaping the industry's future, with Goldman Sachs predicting a decade-long livelihood for musicians, tours, and festivals. Live performance remains the heart of the industry, with artists, DJs, agents, promoters, ticketing companies, contractors, record companies, corporate brands, and sponsors all playing essential roles in bringing the music to the fans. From small clubs to arena shows and stadiums, the live music industry continues to evolve, offering unforgettable experiences for fans and artists alike. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Revenue Tickets Sponsorship Merchandising Genre Pop Rock Hip-hop EDM Metal Music And Others Format Event Type Geography North America Europe APAC South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/live-music-market-size-is-set-to-grow-by-usd-35-56-billion-from-2024-2028--growing-demand-for-live-music-experiences-to-boost-the-market-growth-technavio-302314961.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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