Taylor Swift Rises in Power Rankings; Supreme Court Hears Tax Case

Spotify Shares Surge After Layoffs; Verizon Offers New Streaming Bundle

Taylor Swift, now a billionaire, has risen to No. 5 on Forbes' World's Most Powerful Women list, thanks to the record-breaking success of her Eras tour and her economic, cultural and political influence.
The U.S. Supreme Court is hearing a case that could potentially upend tax code provisions, as it questions whether a couple had to pay taxes on an investment they didn't profit from.
Spotify shares surged after the company announced it would lay off roughly 1,500 workers, as part of a plan to 'rightsize costs' after hiring too aggressively in 2020 and 2021.
Verizon customers will be able to access both Netflix and Max for $10 a month through a new bundle package, reflecting a trend of media companies partnering with competitors to attract new viewers.
Swiss pharmaceuticals company Roche is set to acquire U.S.-based weight-loss drugmaker Carmot Therapeutics for $2.7 billion, gaining access to Carmot's portfolio of anti-obesity and diabetes drugs.