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 via U.S. Patent and Trademark Office

Patent Drop

Walmart AI Analytics Patent Highlights Retailer’s Tech Overhaul

. It may aim to level the playing field with one competitor in particular: Amazon.

2 min read
Photo by Willian Justen de Vasconcellos via Unsplash

Consumer

LVMH’s Core Fashion Division Posts First Sales Drop Since COVID-19

LVMH shares fell 3.7% after it announced that sales at its core division fell for the first time since 2020.

2 min read
Photo by Matthew Fowler via iStock

Media & Entertainment

Diamond Sports is Seeking a Sports Betting Rebrand

Diamond Sports wants to rebrand its portfolio of local Bally Sports regional sports networks (RSNs) and rebrand them.

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

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

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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