Friday’s business headlines
INDIANAPOLIS (WISH) — Here’s a look at Friday’s business headlines.
Live Nation
Live Nation is making money again after two years of pandemic-led losses.
The company is now selling out its events faster than ever.
Higher ticket prices account for much of the profit. The company is selling more premium tickets and raising prices for its VIP tickets.
NASA
New research from NASA shows that by the end of the century, the availability of corn, wheat, soybeans and rice are projected to look drastically different – and that world will start feeling the implications as early as 2030.
Over the next decade, they found, the projected increases in temperature, changes in rainfall patterns and increased surface carbon dioxide concentrations will change agriculture around the world.
Sports betting
The NFL is playing an active role in shaping their country’s emerging sports betting business.
The league also made a $6.2 million pledge to the nonprofit National Council on Problem Gambling, which over the next three years, will use the money to expand its helpline services and operate a ResponsiblePlay.org website with temps on how to identify and avoid problem gambling behaviors.
Sports betting is expected to see huge growth as more states legalize it.