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.

M&A

Occidental Petroleum Makes a Play for the Permian Basin

Photo by David Thielen via Unsplash

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

Photo by APK via CC BY-SA 3.0

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

Photo by Eesan1969 via CC BY-SA 4.0

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

Photo by Ian Hutchinson via Unsplash

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

Photo by Raymond Kotewicz via Unsplash

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

Photo by Julio Lopez via Unsplash

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

Photo by Tdorante10 via CC BY-SA 4.0

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

(Photo by lo lo on Unsplash)

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
Industries

Airlines Prepare for Record Thanksgiving Travel

(Photo by Josh Sorenson)

The Transportation Security Administration is expecting to screen 30 million passengers between this past Sunday and November 28.

1 min read
Markets

ESG Funds Shrink for the First Time Ever

(Photo by Harry Cunningham on Pexels)

This year’s third quarter marked the first time that more sustainable funds either liquidated or shed their ESG criteria than were added.

2 min read
Autos

Hyundai Says it Will Start Selling on Amazon

(Photo by Erik Mclean on Pexels)

Hyundai will sell its cars directly on Amazon, marking the first major auto brand to list on the massive e-commerce platform.

1 min read
Banking

Wells Fargo Gets Called Out for Lax Crime Prevention

(Photo by Griffin Wooldridge on Unsplash)

Watchdogs have been badgering Wells Fargo about its lackadaisical approach to monitoring and preventing financial crimes.

2 min read
Media & Entertainment

Formula One Fizzles Ahead of Big Vegas Event

(Photo by Chris Peeters on Pexels)

There aren’t a lot of people willing to drive or fly to Las Vegas to watch Formula 1 racers drive to survive.

1 min read

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