Industries

Electric Vehicles

Uber Revs Up Rivian Robotaxis with $1.25 Billion Agreement

Photo via Richard B. Levine/Newscom

In addition to its Rivian deal, Uber has a $300 million partnership with EV-maker Lucid for at least 20,000 robotaxis.

1 min read

Photo via Kyodonews/ZUMAPRESS/Newscom

Media & Entertainment

Wanna Bet? MLB Makes Polymarket Its Official Predictions Market Partner

MLB Commissioner Rob Manfred pitched prediction markets Thursday as potentially more immune to illegal behavior than online sportsbooks.

2 min read
Photo via Tim Brakemeier / Deutsch Presse Agentur/Newscom

Energy

Iranian Strikes on LNG Plant Heighten Risk of “Doomsday Scenario” for Natural Gas

Iranian strikes on Qatar’s Ras Laffan plant eliminated three to five years of LNG exports worth some $20 billion in yearly revenue.

2 min read
Photo via IMAGO/Kobe Li/IMAGO/Nexpher Images/Newscom

Media & Entertainment

Can New CEO Josh D’Amaro Break Disney’s Bob Chapek Curse?

D’Amaro, like Chapek, made his bones in Disney’s parks and cruises division, which continues to be a major profit driver.

2 min read

Consumer

K-Shaped Buffer Helps Delta Soar Above Airline Industry’s Fuel Price Woes

Photo via imageBROKER/Markus Mainka/Newscom

The airline raised its revenue guidance on Tuesday to high-single-digit growth through March from the previously reported 5-7% growth.

2 min read

Inflation & Prices

Fed’s ‘Goldilocks’ Economic Strategy Disintegrating amid Hormuz Strikes

Photo via Chen Mengtong/China News Service/VCG/Newscom

Markets are pricing in practically no chance of a rate cut when officials meet later this month, according to the CME Fedwatch.

2 min read

Markets

Markets Brace for 10% Correction Without ‘Defined Off-Ramp’ from US-Iran War

Photo via JOHN ANGELILLO/UPI/Newscom

The US-Israel conflict with Iran has triggered the biggest oil supply disruption ever, topping the 1956 Suez crisis.

2 min read

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