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 Daniel Korpai via Unsplash

Media & Entertainment

Apple Wants in on the News Business, but its News AI Is Alienating Publishers

According to the Financial Times, Apple is ramping up its Apple News division. But can it fix its irritating AI hallucinations?

2 min read
Photo by Tim Mossholder via Pexels

Consumer

Florida Oranges are Doing So Badly a Tropicana Supplier is Ditching its Citrus Business

Alico, a major supplier to Tropicana, announced Monday that it is sunsetting its citrus business in the Sunshine State.

1 min read
Photo by Anna Fox via CC BY 2.0

Media & Entertainment

Disney and Fubo Team Up to Win Live TV

The deal puts an end to Fubo’s ongoing lawsuit that sought to block Disney’s efforts to build Venu Sports with Fox and Warner Bros. Discovery.

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

Markets

Coca-Cola Sees Glass Half Full Even as Trade War Drains Fizz From Pop Sales

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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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Consumer

Loser of 2024: The Luxury Market

Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.

1 min read
Photo by Lukas Lehotsky via Unsplash

Big Tech

2024: The Year Big Tech Got into the Energy Game

This year Big Tech got into the energy game in a big way, and if it wants to chase AI it’ll need even more energy in years to come.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Vlad Yushinov and Choness via iStock

Consumer

Is the Restaurant Industry at the End of an Era?

Across-the-board inflation — including food costs, labor costs, and real estate costs — is pummeling restaurants. Can the industry survive?

6 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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