Industries

Consumer

Starbucks Becomes the Target of Activist Campaign

(Photo by Ben White on Unsplash)

Activist investing firm Elliott Management has taken a significant stake in Starbucks, and has already begun pushing for strategic changes.

1 min read

Photo by Chris Yarzab via CC BY 2.0

Media & Entertainment

Warner Bros. Discovery Mulls Break-Up Plan

Just two years after the mega-merger that brought Warner Bros. and Discovery together, it’s discussing dramatic plans to break up.

2 min read
Photo by Li Zhang via Unsplash

Consumer

Diamonds Come Under Even More Pressure from Sluggish China Demand

Anglo American is cutting back diamond production to try to hedge against China’s continued ambivalence toward the gemstones.

2 min read
Photo by Denley Photography via Unsplash

Autos

Ford Spends $3 Billion to Ramp Up Truck Production, Volvo Reports Electric Results

Ford will spend $3 billion to expand production of its popular combustion engine large trucks; Volvo reported a record core operating profit.

2 min read

Consumer

Pernod Ricard Dumps Most Wine Holdings as Grapes Sour

Photo by Eva Rinaldi via CC BY-SA 2.0

Paris-based Pernod Ricard announced Wednesday that it’s selling most of its wine portfolio to a consortium of Australian wine investors.

1 min read

Patent Drop

Roku Personalization Patent Highlights AI’s Growing Role in Entertainment

Photo via U.S. Patent and Trademark Office

Roku wants to personalize movie night with generative AI.

2 min read

Photo illustration by Connor Lin / The Daily Upside

Consumer

Can Nike Regain its Legendary Standing?

Not only is sportswear and sneaker giant Nike faced with struggling financials, but it is also searching for its soul.

6 min read
Photo by Naveen Venkatesan via Unsplash

Media & Entertainment

NFL Moves Toward Allowing Private Equity into Ownership Groups

Commissioner Roger Goodell said the NFL is en route to allowing PE groups to take ownership stakes in franchises

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Ford Self-Driving Maintenance Patent Could Automate Oil Changes

Filings like these indicate that this pivot will likely have a domino effect on all other parts of the automotive industry.

2 min read

Media & Entertainment

Microsoft’s Gaming Dreams Enter Their Price-Hike Era

Photo by Sam Pak via Unsplash

Microsoft’s gaming division Xbox announced it’s splitting its hugely popular subscription service Game Pass into two subscription tiers.

1 min read

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