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 Sven Piper via Unsplash

Industries

Boeing Taps New CEO to Navigate Cloudy Skies, Multibillion-Dollar Losses

Robert “Kelly” Ortberg, an industry veteran, will take over as Boeing’s CEO on Aug. 8, inheriting its financial woes.

2 min read
Photo by EEYAUT Waihung via CC BY-SA 4.0

Electric Vehicles

BYD Finds an American Friend in Uber

Uber announced a new partnership with BYD to get 100,000 of its drivers into the company’s electric vehicles.

1 min read
Photo by Robert Way via iStock

Artificial Intelligence

AI Search Startup Perplexity Launches Ad Revenue-Sharing Program

AI-powered search engine startup Perplexity announced a revenue-sharing program on Tuesday with a handful of media companies.

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

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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