Brian Boyle

brian@thedailyupside.com

Brian Boyle (he/him) is Lead Reporter at The Daily Upside. His writing has previously appeared in outlets such as Vice, Slate, and The Los Angeles Times, where he was a contributing writer on the opinion section. He lives in Los Angeles.

Big Tech

Amazon Scores Big Win in EU Tax Fight

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In a prime legal win for Amazon, the European Union’s top court ruled that it does not have to pay €250 million in alleged back taxes.

2 min read
Autos

Tesla Recalls Almost All US Cars Over Self-Driving Woes

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Safety regulators said the company’s famed Autopilot driving system had insufficient safeguards to avoid accidents.

2 min read
Big Tech

Apple Faces EU Punishment for App Store ‘Bullying’

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The European Union is preparing to levy a hefty fine against Apple and ban some of its App Store practices, according to Bloomberg.

1 min read
Real Estate

Wyndham Hotels Faces Hostile Takeover Campaign from Choice Hotels

Photo by Harrison Keely via CC BY 4.0

After numerous failed attempts at a friendly merger, Choice Hotels has launched a hostile takeover campaign for Wyndham.

1 min read
Hedge Funds

Hedge Funds are Pushing Back on SEC’s Short-Selling Rules

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Industry groups representing a coalition of hedge funds havefiled a lawsuit seeking to challenge short selling rules implemented by the SEC.

1 min read
M&A

Occidental Petroleum Makes a Play for the Permian Basin

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Occidental Petroleum, the oil giant in Berkshire Hathaway’s portfolio, announced it is acquiring CrownRock in a deal worth $12 billion.

1 min read
M&A

Cigna and Humana Call Off Their Merger

Photo via Connor Lin / The Daily Upside

Following merger discussions two weeks ago, Humana and Cigna are walking away from what would’ve been the largest deal of the year.

1 min read
Artificial Intelligence

The SEC Probes AI Use at Investment Advisory Firms

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As the world of high finance ushers in an era of AI, the SEC has begun investigating how investment advisory firms use the technology.

2 min read
Artificial Intelligence

Google Soars Following Gemini AI Launch

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A day after Alphabet released Gemini, a new artificial intelligence platform, shares of the company jumped 5.3% on Thursday.

2 min read
Regulation

Washington Wants More Rules, Bankers Have Concerns

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Top bosses from eight major financial institutions appeared before a Senate committee to give their opinion on looming banking reforms.

2 min read
Regulation

The FTC Starts Probe of Exxon’s Pioneer Acquisition

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Exxon’s $60 billion planned acquisition of Pioneer Natural Resources has attracted the attention of the Federal Trade Commission.

1 min read
M&A

Roche Elbows into Weight-Loss Drug Market Via M&A

Photo by Andres Ayrton via Pexels

Roche agreed Monday to acquire anti-obesity drug developer Carmot Therapeutics for an appetizing $3.1 billion.

2 min read
Inflation & Prices

Deflation Begins to Hit Durable Goods

Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0

Slowing inflation usually means prices are rising, just not as fast as before. But now there is actual deflation.

2 min read
Big Tech

Meta Files Lawsuit Arguing FTC’s In-House Courts are Unconstitutional

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Meta on Thursday filed a lawsuit against the Federal Trade Commission arguing its in-house trials are unconstitutional.

2 min read
Healthcare

Cigna, Humana Eyeing a Merger

Photo via Connor Lin / The Daily Upside

In a bid to scale up against larger rivals, health insurance players Cigna and Humana are reportedly in talks over a possible merger.

1 min read
Banking

Barclays Wants to Ditch Thousands of its Clients

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Barclays is considering a Marie Kondo approach to its investment banking business, potentially dropping thousands of clients.

2 min read
Finance

Wall Street is Pricing in Interest Rate Cuts

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Increasingly, Wall Street thinks we see rate cuts soon, according to a Wall Street Journal analysis published Monday.

2 min read
Indicators

Healthcare Hiring Boom Buoys Job Market

(Photo credit: CDC/Unsplash)

A white-hot healthcare sector powered an much of the job growth in the past six months, according to a Wall Street Journal analysis.

1 min read
Industrials

The UN Wants You to Eat Less Meat

Photo by Kelly Sikkema/Unsplash

The UN’s is expected to deliver a comprehensive road map to realign global food systems with carbon-emissions goals.

1 min read
Consumer

McDonald’s Buys Back a Piece of Its China Business

(Photo by Declan Sun on Unsplash)

McDonald’s bought out the 28% stake of its Chinese business owned by private equity giant Carlyle Group, just as it plans an expansion there.

2 min read

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