Industries

Industries

Skechers Takes $9 Billion Buyout as Shoe Stocks Skid

Photo by Harrison Keely via CC BY 4.0

Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.

2 min read

Photo by Alvaro Reyes via Unsplash

Media & Entertainment

Nintendo Takes Big Profit Hit After Failing to Switch It Up

Nintendo revealed on Tuesday that it had suffered a 69% drop in its profits year-over-year for the most recent financial quarter.

1 min read
Photo by Brandon Atchison via Unsplash

Autos

Ferrari Outraced the Luxury Slump, Tuesday Was a Speed Bump

Ferrari reported improved sales and earnings in the third quarter, extending its streak of outperforming other luxury auto companies.

1 min read
Photo by Tupungato via iStock

Media & Entertainment

Can the Murdochs Hang on to News Corp?

A recapitalization plan would end News Corp’s dual-class share structure, which gives the Murdoch family outsized control of the company.

2 min read

Media & Entertainment

Scary Movie ’25? Trump Threatens Tariffs on Foreign Films

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President Trump wants to bring film-making back to Hollywood by imposing 100% tariffs on movies produced outside of the US.

2 min read

Technology

Grand Theft Auto VI Delay Steals the Thrills From Video Game Industry

Photo by Alena Darmel via Pexels

The delay of Grand Theft Auto VI’s release threw a multibillion dollar wrench in forecasted revenues for a gaming industry in need of a hit.

2 min read

Markets

Coca-Cola Sees Glass Half Full Even as Trade War Drains Fizz From Pop Sales

Photo by Eric Prouzet via Unsplash

Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.

2 min read

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