Industries

Exclusive news, analysis and commentary across industries from media and entertainment, to healthcare, to autos to energy and more.

Healthcare

Will an Eyecare Company Be at the Center of the Year’s Biggest PE Deal?

Photo by Nataliya Vaitkevich via Pexels

Bausch + Lomb has stirred up significant interest from the pair of private equity giants, TPG and Blackstone.

2 min read
Autos

EV Prices Old and New Are Coming Down

Photo by Michael Fousert via Unsplash

Executives believe the market for electric vehicles is about to see a rebound in demand as prices come down.

2 min read
Industrials

Boeing Tries to Bury 17,000 Layoffs in Friday News Dump Extraordinaire

Photo by Sven Piper via Unsplash

Boeing announced 17,000 layoffs, a delay to the launch of its 777X passenger jet, and billions in charges related to ongoing strikes.

2 min read
Healthcare

Weight-Loss Drugs Might Not Tank Medicare After All

Photo by Andres Ayrton via Pexels

New estimates say that Medicare will spend tens of billions of dollars over nine years to cover weight-loss drugs.

2 min read
Healthcare

Biotech That Once Promised ‘Next Gen’ COVID Vaccine Files for Bankruptcy

Photo by SHVETS Production via Pexels

Gritstone Bio announced it is “taking action” to “preserve value and strengthen capital structure” on Thursday.

2 min read
Consumer

7-Eleven Parent Company Has a New Plan to Ward off Couche-Tard’s Takeover

Photo by Train Fan via CC BY-SA 4.0

As the takeover bid from Couche-Tard heats up, Seven & i Holdings announced a plan to split its business in two.

2 min read
Patent Drop

IBM Advertising Patent Could Present Privacy Concerns

Photo via U.S. Patent and Trademark Office

IBM may want to use household appliances to track users and time ads.

2 min read
Healthcare

CVS, UnitedHealth Want Nothing to Do With Lina Khan

Photo by E Gillet via CC0 1.0

UnitedHealth, CVS, and Cigna want FTC chair Lina Khan and two other officials recused from their case due to alleged biases.

2 min read
Industrials

Mining Giant Rio Tinto Bets on Lithium Rebound With $6.7 Billion Acquisition

Photo via Rio Tinto

Rio Tinto announced plans to acquire US lithium miner Arcadium for $6.7 billion, making it the world’s third-largest lithium miner.

1 min read
Technology

Obesity Drugmaker Rivus Wants in on the Healthcare IPO Boom

Photo by Diana Polekhina via Unsplash

Obesity drugmaker Rivus is working with banks to complete a US public listing that could happen before the end of the year.

1 min read
Energy

Chevron and BP Hone Core Focus Amid Promising Oil Future

Photo by Jetcityimage via iStock

Oil giants Chevron and BP made moves to refine their business, drilling down on core segments that crude demand assures will be worth it.

2 min read
Patent Drop

Amazon Patent Brings AI Into Its Healthcare Bet

Photo via U.S. Patent and Trademark Office

Amazon’s patent to help doctors take better notes highlights the company’s massive bet on the healthcare space.

2 min read
Consumer

It’s Chicken Big Mac Week in America

Photo by Erik Mclean via Unsplash

In another opportunity to beef up the bottom line, McDonald’s launches a chicken version of its iconic Big Mac in the US.

2 min read
Energy

Whom Should You Believe About Energy Demand?

Photo by Roy Luck via CC BY 2.0

Fossil fuel producers and OPEC have rained on the IEA’s parade, offering wildly different projections for future energy demand.

2 min read
Healthcare

Eli Lilly’s Weight-Loss Drug Finally Off FDA Shortage List

Photo by Jetcityimage via iStock

The Food and Drug Administration declared an end to the scarcity of Eli Lilly’s highly in-demand weight-loss and diabetes drugs on Thursday.

1 min read
Consumer

Climate Change Forces Starbucks Deeper into Coffee R&D

Photo by Shelby Murphy Figueroa via Unsplash

Starbucks is buying two farms in Central America to conduct research on the crop at the heart of its business: coffee.

2 min read
Industrials

Dock Workers Agree to Pause Historic Strike To Negotiate New Contract

Photo by Chuttersnap via Unsplash

Three days into a historic work stoppage, dockworkers at East and Gulf Coast ports reached a tentative deal with their employer.

2 min read
Electric Vehicles

Toyota Invests $500 Million in Air Taxi Startup

Photo via Joby Aviation Photo

Toyota is investing $500 million into Joby Aviation, a California-based startup that wants to make flying taxis.

1 min read
Consumer

PepsiCo Adds Tortilla Chip Aficionado to Its Portfolio

Photo by Ja San Miguel via Unsplash

PepsiCo announced on Tuesday that it has agreed to buy Siete Foods for $1.2 billion, another food M&A deal this year.

1 min read
Industrials

Boeing Weighs $10 Billion Stock Sale Amid Costly Strike

Photo by Daniel Shapiro via Unsplash

Boeing is considering an emergency move: selling $10 billion in new stock to score some quick cash amid a union strike.

2 min read