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 Raph_PH via CC BY 2.0

Big Tech

TikTok is Ditching Music Streaming — But Spotify Can’t Relax

TikTok is calling it quits on a music streaming business that barely made it out the door, and only launched trials last year.

2 min read
Photo by Drew Dau via Unsplash

Autos

The Biden Administration’s War on Chinese Cars Just Got Bigger

The Biden administration is introducing a ban on both hardware and software for “connected vehicles” from China and, incidentally, Russia.

1 min read
Photo by Wim van’t Einde via Unsplash

Energy

Big Banks Promise to Back Nuclear Energy

A group of 14 large banks and other financial institutions announced that they’re going to up their support for the nuclear power industry.

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

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

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.