Industries

Media & Entertainment

Mideast Sovereign Wealth Funds Back Paramount’s WBD Takeover

Photo via BONNIE CASH/UPI/Newscom

Saudi Arabia’s Public Investment Fund, the Qatar Investment Authority, and Abu Dhabi’s L’imad Holding Co are all aboard, per the WSJ.

2 min read

Photo via Andre M. Chang/ZUMAPRESS/Newscom

Healthcare

Neurocrine Scoops Up Hunger-Drug Maker in Latest Multi-Billion-Dollar Pharma Deal

Soleno Therapeutics’s Vykat XR is the first drug to be approved for treating the insatiable hunger caused by Prader-Willi Syndrome.

1 min read
Photo via NICOLAS MAETERLINCK/Belga/Sipa USA/Newscom

Energy

Power Plant Builder Argan Rides Data Center Boom to Blowout Gains

By 2030, as much as one-third of data centers will be powered entirely by on-site and off-grid power generation, according to Bloom Energy.

1 min read
Photo via IMAGO/Werner LEROOY/IMAGO/Werner Lerooy/Newscom

Consumer

Danone’s Watershed Moment Puts Mineral H₂O in the Spotlight

Nestlé, meanwhile, is looking to offload 50% of its water business in a shift away from capital-intensive, lower-growth segments.

2 min read

Industries

Looming “Oil Cliff” Pinches Airline Profits, Traveler Wallets

Photo via imageBROKER/Jochen Tack/Newscom

Average jet fuel prices have outpaced the rise in oil prices, soaring about 100% in the month since the start of the Iran war.

2 min read

Consumer

Unilever’s Grocery Deal with McCormick Draws Sour Reaction from Investors

Photo via Richard B. Levine/Newscom

Tuesday’s deal would see Unliver “sharpening” into a $45 billion “pure play” in global beauty, wellness, and personal and home care.

2 min read

Artificial Intelligence

With AI Washing, C-Suite Lets Tech Take the Credit (and the Blame)

Photo illustration by Connor Lin / The Daily Upside

Talk about automation is swamping American industries, but are the companies tossing around tech-savvy buzzwords overstating robotic reality?

4 min read

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