Finance

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

Photo by APK via CC BY-SA 3.0

Hedge Funds

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

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

1 min read
Photo by David Thielen via Unsplash

M&A

Occidental Petroleum Makes a Play for the Permian Basin

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

1 min read
Photo via Connor Lin / The Daily Upside

M&A

Cigna and Humana Call Off Their Merger

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

Photo by Gideon Benari via CC BY 2.0

Patent Drop

JPMorgan Chase Could Keep a Closer Eye on Scope Three Emissions

JPMorgan Chase may be looking to track its ESG investments down to the letter.

2 min read
Photo by Ian Hutchinson via Unsplash

Regulation

Washington Wants More Rules, Bankers Have Concerns

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

2 min read
Photo by Raymond Kotewicz via Unsplash

Regulation

The FTC Starts Probe of Exxon’s Pioneer Acquisition

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

Photo via Connor Lin / The Daily Upside

Healthcare

Cigna, Humana Eyeing a Merger

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
Photo by Tdorante10 via CC BY-SA 4.0

Banking

Barclays Wants to Ditch Thousands of its Clients

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

2 min read
(Photo by lo lo on Unsplash)

Finance

Wall Street is Pricing in Interest Rate Cuts

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

2 min read

OP-ED | Power Corridor

‘If You’re So Smart, Why Aren’t You Rich?’

It sounds like something a gunslinging, billionaire hedge fund manager might say. And it is. Ray Dalio, founder of the highly secretive, $100 billion…

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.