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 Joshua Bartell via Unsplash

Industries

Big Tobacco’s Big Problem: The US Isn’t Lighting Up

British American Tobacco shares dropped to a 12-year low after the company announced a $31.5 billion write-down for some of its brands.

2 min read
Photo by Lorie Shaull via CC BY 2.0

Media & Entertainment

2023 Was StubHub’s Year of the Women

StubHub’s latest Year in Live Experiences report found women captivated audiences in 2023 and generated massive ticket sales.

1 min read
Photo by Raymond Kotewicz via Unsplash

Regulation

The FTC Starts Probe of Exxon’s Pioneer Acquisition

Exxon’s $60 billion planned acquisition of Pioneer Natural Resources has attracted the attention of the Federal Trade Commission.

1 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

Photo by Prasad Panchakshari via Unsplash

Patent Drop

Apple’s LIDAR Patent Adds Another Piece to Rumored Car Offering

Apple will likely face a lot of competition if it decides to get on the road.

2 min read
(Photo Credit: Nainoa Shizuru/Unsplash)

Media & Entertainment

Rock Band Kiss Plans to Join the Avatar Concert Trend

After 50 years of performing, world-renowned shock rock group Kiss just played its final show, but the members say the show will go on.

1 min read
Photo by James Penner via Unsplash

Patent Drop

Ford Patent Seeks to Keep EV Batteries Running

Given that EV batteries are a hot commodity, the tech could help cut costs for fleet operators.

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

(Photo by Brad Killen via Unsplash)

Autos

GM Sets Out to Soothe Shareholders with Spending Cuts, Dividend Boost

America’s largest auto manufacturer is trying to regain Wall Street’s favor with buybacks and spending cuts on less promising projects.

2 min read
(Photo by Bill Abbott via CC BY-SA 2.0)

Industrials

Virgin Atlantic Logs First Transatlantic Flight on 100% ‘Sustainable’ Jet Fuel

On Tuesday, Virgin Atlantic conducted the first transatlantic flight by a commercial airliner fully powered by sustainable aviation fuel.

1 min read
(Photo by National Cancer Institute on Unsplash)

Big Tech

Amazon’s Healthcare Dreams Are Fractured

Amazon, along with its Big Tech brethren, has long been trying to break into the healthcare market. But it’s not going as planned.

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

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