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 Vladan Raznatovic on Unsplash)

Consumer

Macy’s is Pivoting From its Legacy of Anchoring Malls

Macy’s is going less colosseum and more cozy in a cost-cutting shift away from large locations in malls and into small-format stores.

2 min read
(Photo by Blue Origin)

Industrials

Blue Origin Grounds Commercial Space Station Plans

Blue Origin is expected to back out of plans to build a commercial space station in conjunction with corporate partners.

1 min read
(Photo by Wes Hicks on Unsplash)

Electric Vehicles

Rivian Finally Sees Sales Increase, But Not Nearly Fast Enough

On Monday, Rivian announced an expectations-beating jump in deliveries for its third quarter. But a new report says it’s still losing money.

2 min read

Media & Entertainment

Scary Movie ’25? Trump Threatens Tariffs on Foreign Films

Photo by Getty Images via Unsplash

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

(Photo by Andres Ayrton on Pexels)

Industries

The Anti-obesity Drug Market Is About to Get More Crowded

The weight loss drug market could be worth $100 billion in the next few years. Naturally, other companies want in.

2 min read
(Photo by Charlie Deets on Unsplash)

Electric Vehicles

Tesla Gets Caught In EU-China Crossfire

The EU’s antitrust investigation claims that China is artificially flooding the market with cheap EVs via enormous state subsidies.

2 min read
(Photo by Andre Ouellet on Unsplash)

Industries

Could Air Travel Be Big Business for Corn Ethanol Farmers?

Ethanol has been good to corn farmers. But when everybody starts switching to electric vehicles, where’s all that maize going to go?

1 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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