Industries

Consumer

Golf Retailers Push Forward on a Tough (Economic) Course

Photo via Petter Arvidson/ZUMAPRESS/Newscom

Americans are playing the most golf in decades, but capitalizing on the trend requires expert-level finesse for equipment-makers.

2 min read

Photo via Polaris/Newscom

Industrials

Daring Iran War Rescue Highlights Small But Crucial Military Tech

Spending on newer military tech jumped more than 20% this year, feeding innovation like the device that helped rescuers find a downed aviator.

1 min read
Photo via Samuel Rigelhaupt/Sipa USA/Newscom

Energy

Delta, Exxon Mobil Show Iran War Hitting Both Sides of Oil Trade

Delta Airlines and oil giant ExxonMobil say they’re expecting bad news for their financial statements thanks to soaring fuel prices.

2 min read
Photo via Christine Olsson/ZUMAPRESS/Newscom

Media & Entertainment

Universal Music Group (Ackman’s Version): Hedge Fund Mogul Makes $63B Takeover Bid

n the proposed deal, UMG would merge with Pershing Square SPARC Holdings, a blank-check special-purpose acquisition rights company.

2 min read

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

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

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